Vivendi's Revenue Climbs to $11.4 Billion in 2023, Driven by Canal+ Group and Havas

The French media conglomerate also sees a significant rise in net profit, amidst plans to explore a company split into separate entities.

Vivendi's revenue increased by 9.5% to $11.4 billion in 2023, with significant contributions from Canal+ Group and Havas.
Net profit for the year stood at $443 million, a notable recovery from a $1.07 billion loss in 2022.
Canal+ Group's subscriber base expanded by 900,000, reaching 26.4 million globally, bolstered by international expansion and successful film releases.
The integration of Lagardère and the potential split of Vivendi into separate entities are key strategic moves under consideration.
Vivendi plans to make a mandatory offer for MultiChoice by April 8, further expanding its international footprint.