11:56 PM EDT, 07/27/2026 (MT Newswires) -- Canal+ (CAN.L, CNP.JO) committed to investing 980 million euros over five years to support French and European cinema, according to a Monday filing. The London- and Johannesburg-listed media and entertainment group made its pledge under a new agreement entered into with unions representing French film producers, distributors and directors. The deal will take effect in 2028 and also includes commitments to improve the visibility of movies and diversification in film productions. The agreement also covers the company's French television and streaming brand Ciné+ OCS, Canal+ added.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.