> ## Content Index
> Fetch the complete content index at: https://scrolletta.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Canal+ Grows Studiocanal Sales 9% and Braces for French VAT Hike
- URL: https://scrolletta.com/2026/10/22/canal-plus-q3-studiocanal-vat/
- Published: 2026-10-22T07:10:00.000Z
- Updated: 2026-10-22T13:18:02.000Z
- Description: The French pay-TV group's film arm grows while its European TV revenue slips, and a proposed tax rise could push up French subscription prices.
- Author: Scrolletta
- Tags: Money, Canal+, Studiocanal, Maxime Saada, MultiChoice, Lucky Red, #pool-2026-10-22, #ai-generated

Canal+ revenue reached €6.41 billion (roughly $7.4 billion) in the first nine months of 2026, up 37.5% on a restated basis after its MultiChoice takeover and down 0.3% like-for-like, with European revenue down 1.4% to €3.36 billion (\~$3.9 billion), the group's trading update shows. Content production, distribution and other revenue rose 9.3% to €530 million (\~$615 million) on Studiocanal's box office and sales and February's acquisition of Lucky Red, and CEO Maxime Saada calls 2026 "a landmark year for STUDIOCANAL", naming "Pressure", "Les Misérables", "The Doll (Lalka)" and the third "Shaun the Sheep" film. France's 2027 draft budget proposes a higher VAT rate on Canal+ in France, and the group says it will raise prices and cut costs significantly if it passes.

**Primary**: [Canal+ Group, Q3 2026 trading update, 22 October 2026](https://www.canalplusgroup.com/en/press/press-328?ref=scrolletta.com), [Canal+ Group, Q3 2026 release PDF, 22 October 2026](https://www.canalplusgroup.com/uploads/CANAL%5FPress%5FRelease%5FQ3%5F2026%5F088ebc2ec2.pdf?ref=scrolletta.com)