Canal+ warns proposed French VAT hike on TV subscriptions to 20% may cut revenue, margin by EUR 200 million a year
Bitget2026/10/01 16:18- Proposed French VAT change would lift the rate on TV subscriptions to 20% from 10% in mainland France.
- Plan would also quadruple VAT on TV subscriptions in France’s overseas territories.
- Canal+ estimates a potential hit of up to EUR 200 million a year to revenue and operating margin.
- Group signaled possible price increases, job cuts, and reduced funding for film and sports if the measure passes.
- Canal+ warned it may accelerate international expansion in response to pressure in its home market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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