Entertainment

French Film Industry Faces Pay TV Deal Threat

Updated 2026-10-05 10:55 UTC 1 source Negative

Canal+ Group chairman Maxime Saada has warned that the company could pull out of a €1 billion investment deal with the French film industry if plans to double VAT on pay-TV subscriptions are implemented. The move threatens to disrupt France’s cinema sector.

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Variety
Canal+ Group chairman Maxime Saada has warned that the pay TV banner could pull out of its €1 billion ($1.1 billion) investment deal with the French film industry if the government goes ahead with plans to double VAT on pay-TV subscriptions. The measure, included in the government’s proposed finance
2026-10-05 10:43 UTC
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