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

Russian central bank governor Nabiullina speaks after rate cut

Strategy and bitcoin-buying firms face wider exclusion from stock indexes

Carnival Corp sees strong annual profit, resumes dividend as bookings rise

London's FTSE 100 climbs as miners, defence outperform in data-heavy week

Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros

Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

German court jails man for drugging, raping wife, posting assaults online

UniCredit issues its first tokenised structured note

UK competition watchdog to probe AB Foods' Hovis purchase

Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

Analysis-Spanish consumer credit hits near 18-year high on economic boom

NATO sees positive signs Czech ammunition scheme for Kyiv may continue

View All Finance Posts