Canal+ France adds 158,000 subscribers in 2011

Thursday, March 1st, 2012
Vivendi logo

PARIS — Vivendi (Paris: VIV) has released results for 2011.

GVT (Brazil)

Successful pay TV launch in Brazil with already ~80k subscribers (as of end February 2012)

GVT launched in October its pay-TV service in all cities where it operates. This innovative service is based on a hybrid model combining DTH (Direct-To-Home) for linear broadcasting via satellite and IPTV (Internet Protocol TV) for all interactive services. It provides a wide variety of HD channels at competitive prices as well an extensive video-ondemand catalog and a catch-up TV service, both available in all packages offered. Premium offers to GVT subscribers have also been designed with UMG music and Activision Blizzard video games.

Canal+ Group

At the end of December 2011, Canal+ France had 11.216 million subscriptions, a net increase of 158,000 year-on-year. In mainland France, the subscription portfolio increased and reached 9.760 million, mainly due to an increase in gross additions. Average revenue per individual subscriber was up €1.2 year-on-year, reaching €47.5, thanks to improved cross-selling between Canal+ and CanalSat offerings, and a higher penetration of service and program options. Canal+ France’s subscriber base in regions operated by Canal+ Overseas (French overseas territories and Africa) reached 1.456 million due to strong market dynamics, particularly in Africa. Overall, including Poland and Vietnam, Canal+ Group’s portfolio at the end of 2011 had 12.946 million subscriptions.

Canal+ Group also announced a partnership with the Polish ITI Group/TVN Group, the country’s leading private television group, to merge their respective pay-TV operations and create a platform that Canal+ Group will control.

Subscriptions, in '000  Dec. 31, 2011  Dec. 31, 2010  Change
                        -------------  -------------  ------
Portfolio Canal+ Group         12,946         12,709    +237
o/w Canal+ France*             11,216         11,058    +158
o/w Poland & Vietnam            1,730          1,651     +79

In Mainland France      Dec. 31, 2011  Dec. 31, 2010  Change
                        -------------  -------------  ------
Churn                           12.1%          11.0%  +1.1pt
ARPU                            47.5€          46.3€   +1.2€

* Mainland France, French overseas territories and Africa