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‘Paddington in Peru’ and ‘Bridget Jones’ Boost Canal+ as Media Giant Reports Solid Q1 Growth
Canal+ reported a solid start to 2025, with first-quarter revenues hitting $1.77 billion, up 1.5% organically compared to the same period last year.
Box office successes including “ Paddington in Peru,” “ Bridget Jones: Mad About the Boy ” and “We Live in Time” significantly contributed to the growth, powering the company’s content Production, Distribution and Other segment to an 8.2% revenue increase, reaching $180 million. Despite overall growth, the company’s total reported revenue decreased by 2.5% due to discontinued contracts and activities, including the termination of Disney+, UEFA Champions League sublicensing partnership, and closure of the C8 channel. Meanwhile, Africa and Asia revenues dipped 2.3% to $305 million, a decline the company attributed to tough comparisons with Q1 2024, which benefited from the biennial African Cup of Nations tournament.
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