{"id":1114863,"date":"2026-07-27T20:59:12","date_gmt":"2026-07-27T20:59:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1114863\/"},"modified":"2026-07-27T20:59:12","modified_gmt":"2026-07-27T20:59:12","slug":"canal-seals-pact-to-invest-1-1-billion-in-french-european-films","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1114863\/","title":{"rendered":"Canal+ Seals Pact to Invest $1.1 Billion in French, European Films"},"content":{"rendered":"<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<a href=\"https:\/\/variety.com\/t\/canal\/\" id=\"auto-tag_canal\" data-tag=\"canal\" rel=\"nofollow noopener\" target=\"_blank\">Canal+<\/a> has reached a five-year deal with French cinema organizations which will see the pay-TV powerhouse invest nearly \u20ac1 billion ($1.1 billion) in French and European films between 2028 and 2032.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tCanal+ Chairman and CEO <a href=\"https:\/\/variety.com\/t\/maxime-saada\/\" id=\"auto-tag_maxime-saada\" data-tag=\"maxime-saada\" rel=\"nofollow noopener\" target=\"_blank\">Maxime Saada<\/a> announced the deal in a post on X, describing the agreement as \u201chistoric,\u201d reaffirming Canal+\u2019s position as the leading partner of the French and European film industries.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cFrench cinema, the most dynamic in Europe and among the world\u2019s leading film industries, deserves to be supported, financed and championed,\u201d Saada wrote, adding that Canal+, which has backed the sector for more than 40 years, would continue to do so \u201cwith pride.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"fr\" dir=\"ltr\">Tr\u00e8s heureux d\u2019annoncer un nouvel accord historique entre <a href=\"https:\/\/x.com\/canal?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@CANAL<\/a>+\u00a0et les organisations du cin\u00e9ma fran\u00e7ais.<br \/>Pr\u00e8s d\u20191 milliard d\u2019euros investis par CANAL+ sur une dur\u00e9e in\u00e9dite de 5 ans, entre 2028 et 2032, dans le cin\u00e9ma fran\u00e7ais et europ\u00e9en. Un engagement historique \u00e0 la hauteur\u2026<\/p>\n<p>\u2014 Maxime Saada (@maxsaada) <a href=\"https:\/\/x.com\/maxsaada\/status\/2081767333480055231?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 27, 2026<\/a><\/p><\/blockquote>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIt\u2019s an improvement from the latest three-year agreement which saw Canal+ committing to investing \u20ac480 million from 2025 to 2027. The amount also integrates obligations tied to OCS, a<a href=\"https:\/\/variety.com\/2023\/tv\/global\/canal-ocs-orange-1235482068\/\" rel=\"nofollow noopener\" target=\"_blank\"> formerly rival pay TV group which Canal+ bought in 2023. <\/a>OSC previously had a pact with French orgs to invest least \u20ac60 million on French and European film between 2021 and 2023. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSaada also said Canal+ would continue to offer subscribers films six months after their theatrical release, indicating that the agreement preserves the banner\u2019s place in France\u2019s media chronology.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe agreement follows months of negotiations over Canal+\u2018s future investment obligations under France\u2019s media chronology, which links broadcasters\u2019 financial commitments to the timing of their access to theatrical releases. The talks unfolded as Netflix and Prime Video have appealed the country\u2019s Council of State to challenge the longstanding financing and release-window system which forces them to wait 17 months to access newly released films. Streamers are arguing that their investment levels should entitle them to earlier access to films. Saada, meanwhile, has been lobbying to obtain an even more favorable window for Canal+ Group, pointing that <a href=\"https:\/\/variety.com\/2025\/film\/global\/disney-agreement-france-windowing-rules-1236289881\/\" rel=\"nofollow noopener\" target=\"_blank\">Disney+ seized a 9-month window<\/a> with a \u20ac35 million investment in theatrical movies.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tNegotiations for this pact unfolded during tense times between Canal+ Group and the French film industry, <a href=\"https:\/\/variety.com\/2026\/film\/global\/cannes-drama-canal-bollore-reckoning-french-cinema-1236752498\/\" rel=\"nofollow noopener\" target=\"_blank\">especially at the Cannes Film Festival,<\/a> during which a petition criticizing the growing influence  of Vincent Bollor\u00e9, the banner\u2019s biggest shareholder, over French media and accusing him of having a fascist agenda. Saada hit back during a luncheon with French producers at Cannes, telling the crowd Canal+ would no longer be working with signatories. His remarks prompted accusations of blacklisting from industry groups and leading thousands more film professionals to add their names to the open letter, notably Javier Bardem and Mark Ruffalo. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSaada then <a href=\"https:\/\/variety.com\/2026\/film\/global\/maxime-saada-rejects-blacklist-canal-group-1236762038\/\" rel=\"nofollow noopener\" target=\"_blank\">clarified his statements <\/a>during an annual general in late May and said Canal+ \u201cwouldn\u2019t be hunting down\u201d technicians or refusing to finance films because individuals had signed the petition. He nevertheless revealed filmmakers\u2019 relationship with Canal+ would become a factor in the company\u2019s assessment of projects, saying the broadcaster would consider whether people behind a film had \u201cactively caused harm\u201d to the company.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tCanal+ Group was at Cannes with six movies \u2013 notably Quentin Dupieux\u2019s \u201cFull Phil\u201d starring Kristen Stewart and Woody Harrelson, and Jeanne Herry\u2019s \u201cGarance\u201d starring Ad\u00e8le Exarchopoulos\u00a0\u2014 and will next be attending the Venice Film Festival with several films, including the opening night movie, <a href=\"https:\/\/variety.com\/t\/danny-boyle\/\" id=\"auto-tag_danny-boyle\" data-tag=\"danny-boyle\" rel=\"nofollow noopener\" target=\"_blank\">Danny Boyle<\/a>\u2018s \u201cInk\u201d starring Guy Pearce and Jack O\u2019Connell. <\/p>\n","protected":false},"excerpt":{"rendered":"Canal+ has reached a five-year deal with French cinema organizations which will see the pay-TV powerhouse invest nearly&hellip;\n","protected":false},"author":2,"featured_media":1096043,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3937],"tags":[21660,48891,77,304030,382,16,15],"class_list":["post-1114863","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tv","tag-canal","tag-danny-boyle","tag-entertainment","tag-maxime-saada","tag-tv","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116993956256510272","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1114863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1114863"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1114863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1096043"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1114863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1114863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1114863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}