Anna Marsh on How Canal+ Group’s M&A Activity Helps ‘Challenge the Status Quo’ and Why ‘There’s Just No Room for Error’ in Fast-Moving Business

Canal+ Group has expanded through a series of acquisitions that Anna Marsh says bring fresh perspectives and strengthen the company amid rapid change in the media industry. The moves matter because the group is seeking growth in new territories while responding to shifting audiences, emerging AI and growing consolidation.

Recent deals include a majority stake in Italy’s Lucky Red, a 34 per cent stake in UGC and a $2 billion takeover of South Africa’s MultiChoice, lifting Canal+’s subscriber base above 40 million. Marsh highlighted Africa as a strategic focus for content, cited book adaptations as a way to build audience confidence, and praised European storytelling; she also said fast-moving business leaves little room for error.