Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > French pay-TV broadcaster Canal+ reaches deal to settle French tax dispute

Finance

French pay-TV broadcaster Canal+ reaches deal to settle French tax dispute

Published by Global Banking and Finance Review

Posted on June 6, 2025

Featured image for article about Finance

(Reuters) -French pay-TV broadcaster Canal+ said on Friday it has reached an agreement with authorities in France relating to a dispute on tax on television services.

The company, which was spun out of Vivendi in December, said it expects one-off charges on its income statement in the first half of 2025, which it is due to report on July 29.

It expects no impact on cash from the agreement to settle the litigation.

Canal+ raised its cash flow from operations forecast to over 500 million euros ($571.30 million) as it expects lower restructuring cash spend.

($1 = 0.8752 euros)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Nivedita Bhattacharjee)

More from Finance

Explore more articles in the Finance category

Uber, Lyft partner with Baidu for UK robotaxi trials next year

London stocks dip as GDP data confirms slow growth ahead of holidays

Porsche to wind down charging network in tough China market, agency reports

Polish president appoints new Monetary Policy Council member Zarzecki

IMF reserve data shows stabilisation in third quarter

Factbox-How Europe plans to bolster its military ranks

EU to investigate Czech state support for two new nuclear units

Russian attack on Ukraine's Odesa region causes fire at port and power outages

French PM races to pass stopgap budget law to avoid shutdown

Analysis-Orban's giveaways still not turning election tide in Hungary

Russia's pipeline gas exports to China seen up 25% this year, source says

Telecom Italia's main holder of savings shares welcomes conversion terms

View All Finance Posts