Wednesday, August 21, 2024

Paramount+ and the Canal+ Group Announce the Extension and Strengthening of Their Partnership in France

PARAMOUNT+ AND THE CANAL+ GROUP ANNOUNCE THE EXTENSION AND STRENGTHENING OF THEIR PARTNERSHIP IN FRANCE

Partnership includes the distribution of Paramount+ to all CANAL+ subscribers, and nine Paramount linear channels, as well as the acquisition of premium Paramount content exclusively for CANAL+ Group channels and services

Paramount Mountain

NY/Paris, August 21, 2024 – Paramount+, the premium streaming service from Paramount Global (NASDAQ: PARA, PARAA), and Canal+ Group, one of the leaders in content creation and distribution in the world, today announced the expansion and strengthening of their partnership in France. This strategic collaboration aims to expand the distribution of Paramount+ and its premium content in France, enriching the value proposition of CANAL+ subscribers.

Through this extended deal, CANAL+ subscribers can access Paramount at no additional cost, whatever subscription plan they have, starting from August 20. As part of the extended agreement, all Paramount+ content is now accessible directly on myCANAL and CANAL+ universe on its decoders and all partners’ set top boxes.

In addition, the extension of this partnership allows the CANAL+ Group to continue the distribution of all of Paramount's pay television channels, MTV, Nickelodeon, Nickelodeon Junior, Nickelodeon Teen, Paramount Channel, Game One, J-One and Comedy Central, and to continue to exclusively acquire premium content for its channels and services, including Paramount Pictures films premiering for CANAL+ six months after their theatrical release in France and at least two SHOWTIME series per year for CANAL+.

This strengthened partnership ensures also the complete Canal+ subscriber base can enjoy the incredible content and library from Paramount+, including outstanding scripted series such as LANDMAN, TULSA KING, LIONESS, STAR TREK, and acquisitions like THE WALKING DEAD: DARYL DIXON season 2. Paramount+ also offers movies like MISSION: IMPOSSIBLE – DEAD RECKONING and TRANSFORMERS: RISE OF THE BEASTS, as well as French and international originals like ZORRO, ANYWHERE, and the best content for kids such as PAW Patrol and SpongeBob SquarePants, among others. 

“We are delighted to reinforce and expand our already robust relationship with Canal+, one of our key international partners,” announced Marco Nobili, Executive Vice President and International General Manager, Paramount+. “This new partnership broadens the reach of Paramount+ to all Canal+ direct-to-consumer subscribers, enabling us to more than double our market penetration via Canal+ Group’s platforms, solidifying our position as the fourth largest service in France, reaching more than 15 percent of homes in France*,” Nobili stated. “This renewed agreement also expands our collaborations across various business areas, including linear distribution and licensing, while we prepare for future streaming growth with the launch of the Paramount+ advertising tier in France.” 

Pascale Chabert, Director of Content Acquisitions, Main Partners of the CANAL+ Group, added: "We have just reached a new milestone in the historic partnership of more than 30 years between Paramount and CANAL+. The CANAL+ Group is very pleased to offer access to Paramount+ content to all of its subscribers in France. Paramount is the most emblematic studio in Hollywood and Paramount+ is one of the main platforms in the market. This expanded partnership constitutes another step in the CANAL+ Group's desire to aggregate the best content and applications in the market."

*Source: Omdia, Advanced TV, NPA Conseil-Harris Interactive.

ENDS

About Paramount+

Paramount+ is a global digital subscription video streaming service from Paramount that features a mountain of premium entertainment for audiences of all ages. Internationally, the streaming service features an expansive library of original series, hit shows and popular movies across every genre from world-renowned brands and production studios, including SHOWTIME®, BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel™, in addition to a robust offering of premier local content. The service is currently live in Australia, Austria, Canada, the Caribbean, France, Germany, Ireland, Italy, Japan, Latin America, Switzerland, the U.K. and the U.S.

About Groupe CANAL+

Le Groupe CANAL+, filiale de Vivendi, est l’un des leaders de la création et de la distribution de contenus dans le monde, avec une présence dans plus de 50 pays et près de 7 600 collaboratrices et collaborateurs sur tous les continents. Il compte désormais 26,4 millions d’abonnés dans le monde, dont 17,1 millions en Europe, 8,1 millions en Afrique et 1,2 million en Asie-Pacifique. Il est le premier actionnaire de MultiChoice, leader de la télévision payante en Afrique anglophone et lusophone, et de Viaplay, leader scandinave de la télévision payante et du streaming. Il est également actionnaire de Viu, leader du streaming en Asie.

Avec 3,5 milliards d’euros investis dans les contenus chaque année, le Groupe CANAL+ est un acteur essentiel du sport (principal financeur en France du football et du rugby et premier partenaire de l’UEFA et de la Premier League à l’international), du cinéma (premier financeur en France et en Pologne), ou encore des séries (plus de 50 séries Originales par an dans plus de 15 langues) et du divertissement (documentaires, humour, spectacle). Le Groupe CANAL+ propose plus de 2 000 chaînes, dont 130 produites en interne. Il agrège les principales chaînes thématiques de tiers et des plateformes mondiales de contenus telles que Netflix, Disney+, Paramount+, Apple TV+ et Max.

Avec l’appui de sa filiale STUDIOCANAL et de son réseau de 14 sociétés de production, dont 13 en Europe et une aux Etats-Unis, le Groupe CANAL+ est le premier producteur et distributeur de longs métrages et de séries TV en Europe. Il détient un catalogue d’environ 9 000 titres provenant de plus de 60 pays, parmi lesquels ceux d’Orange Studio depuis l’acquisition d’OCS par le Groupe CANAL+.

Enfin, il est aussi un acteur clé de la Tech avec son application myCANAL dont le déploiement à l’international s’accélère, avec une présence dans plus de 40 pays et territoires à date.

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