The Johannesburg Stock Exchange (JSE) today welcomed CANAL+ (https://www.CanalPlus.com/), a leading global media and entertainment company, to its Main Board, marking an important milestone in the exchange's continued development as a globally competitive marketplace. The secondary listing of CANAL+ signals strong international confidence in South Africa's capital markets and reinforces the JSE's role as a conduit between global capital and African growth opportunities.
CANAL+ enhances the regional diversity of the JSE and provides local investors with direct, rand-valued exposure to a globally diversified media and entertainment business with a significant African footprint.
CANAL+ listed on the London Stock Exchange in December 2024 and today becomes the first French company to list on the JSE, using the fast-track framework, further strengthening the relationship between the capital markets of South Africa and Europe. As the only global media and entertainment company listed on the JSE, CANAL+ offers investors on the JSE a unique investment opportunity.
CANAL+ is a global media and entertainment company, rooted, focused and now listed in both Africa and Europe, with over 42 million subscribers worldwide (as of 31 December 2025), operations in over 70 countries and approximately 15,000 employees. CANAL+ offers an unmatched mix of local and global content on a platform purpose-built to ensure seamless discovery, which it makes available as widely as possible. In Europe, CANAL+ has more than 18 million subscribers in 12 countries, and holds leading positions in many of these markets. In Africa, where CANAL+ has operated for more than 30 years, it now has 23 million subscribers in more than 40 African countries, and provides content in more than 50 languages.
The Group's listing on the JSE is in line with its long-term strategy to expand its presence in high-growth markets, particularly in Sub-Saharan Africa, where increasing connectivity, a young and growing population (expected to grow by 800 million by 2050), strong GDP growth (expected to grow by 4.5% between 2026 and 2030) and accelerating demand for content and connectivity, are driving the region's growth.
The JSE listing will increase CANAL+'s liquidity and enable African investors to benefit from CANAL+'s growth.
Maxime Saada, CEO of CANAL+, said:
“Joining the Johannesburg Stock Exchange is a statement of our ambition and reflects our confidence in the future of Africa and its creative industries.
“We are proud to be the first French company to list in Johannesburg and the only global media and entertainment company to list on the exchange.
“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and boosts our dual-continental approach, strengthening our unique position in the global media and entertainment industry.
“CANAL+ serves more than 40 million subscribers and generates €9bn annual revenues. Africa will be our growth engine for years to come, and we are dedicated to creating value on the continent and sharing it with our African partners, investors and the creative community. By welcoming African investors we deepen our roots, diversify our investor base and lay the foundation for the next phase of our growth.”
For the JSE, a listing of this nature represents a deliberate strategic focus to deepen market liquidity, diversify the exchange into globally relevant regions and connect local investors to international growth opportunities.
Commenting on the listing, JSE Group CEO Walden Reddy said:
“We are proud to welcome CANAL+ to the JSE and mark the first listing of a French company on our exchange.
CANAL+ has built one of the world's leading media and entertainment businesses with a significant and growing presence across Africa. Their listing on the JSE is an important milestone – not only for the company, but also for the continued internationalization of African capital markets.
This reflects the increasing connectivity between African and global markets and strengthens the JSE's role as a platform through which international companies and investors can participate in the continent's long-term growth story.
We look forward to supporting CANAL+ in its next chapter as a JSE listed company.
The listing highlights the impact of the JSE's recent regulatory enhancements, including improvements to its fast-track secondary listing process, which has enabled CANAL+ to efficiently complete its internal listing while maintaining its primary listing on the London Stock Exchange (LSE). These developments continue to improve the ease of access for international issuers while maintaining the high standards of transparency and investor protection that underpin the credibility of the South African market.
As Africa's largest stock exchange by market capitalisation, the JSE continues to leverage its strong regulatory framework, global connectivity and market infrastructure to attract large-scale issuers and support capital formation across the region.
Following this listing, the total number of companies on the JSE rises to 263, with a combined market capitalization of more than R24.96 trillion.
Distributed by APO Group on behalf of CANAL+.
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About Canal+: :
CANAL+ is a global media and entertainment company with a leading position in Europe and Africa. More than 40 million subscribers enjoy the CANAL+ entertainment platform, which brings together the best local and global movies, live sports, TV series and more. CANAL+ operates in more than 70 countries and has approximately 15,000 employees.
CANAL+ operates across the entire audiovisual value chain, including production, broadcasting, distribution and aggregation. In addition to its pay-TV and streaming operations in Europe, Africa and Asia, the combined group includes: MultiChoice GroupAfrica's leading entertainment platform; studiocanalEurope's leading film and television studio with worldwide production and distribution capabilities; dailymotionA leading international video platform powered by cutting-edge proprietary technology for video delivery, advertising and monetization; canal+distributionA production and distribution company that specializes in creating and distributing diverse content and channels; Telecommunication services, through GVA in Africa and Canal+ Telecom In French overseas jurisdictions and territories.
CANAL+ also has a minority stake viaplay (Scandinavia's leading entertainment provider), Viu (a leading OTT provider in Southeast Asia), and ugcA major French cinema group. https://CanalPlusGroup.com/en