Canal+ has reached a five-year deal with French cinema organizations which will see the pay-TV powerhouse invest nearly €1 billion ($1.1 billion) in French and European films between 2028 and 2032.
Canal+ Chairman and CEO Maxime Saada announced the deal in a post on X, describing the agreement as “historic,” reaffirming Canal+’s position as the leading partner of the French and European film industries.
“French cinema, the most dynamic in Europe and among the world’s leading film industries, deserves to be supported, financed and championed,” Saada wrote, adding that Canal+, which has backed the sector for more than 40 years, would continue to do so “with pride.”
Très heureux d’annoncer un nouvel accord historique entre @CANAL+ et les organisations du cinéma français.Près d’1 milliard d’euros investis par CANAL+ sur une durée inédite de 5 ans, entre 2028 et 2032, dans le cinéma français et européen. Un engagement historique à la hauteur…— Maxime Saada (@maxsaada) July 27, 2026
It’s an improvement from the latest three-year agreement which saw Canal+ committing to investing €480 million from 2025 to 2027. The amount also integrates obligations tied to OCS, a formerly rival pay TV group which Canal+ bought in 2023. OSC previously had a pact with French orgs to invest least €60 million on French and European film between 2021 and 2023.
