In a year marked by the coronavirus pandemic, Vivendi saw its consolidated revenues go up by 2.4% to €11.6 billion ($13.7 billion) during the first nine months of 2020, and up 1.3 % during the third quarter.
The group’s subscription-based activities, especially at Universal Music Group and to a lesser extent Canal Plus Group, have bolstered Vivendi’s revenues. Canal Plus Group’s revenues were up 6.6% for the first nine months of 2020 and up 7.3% for the third quarter of 2020. The company’s international activities grew a strong pace with revenues from international operations rising by 27.4%. The addition of 1.2 million subscribers around the world, and the integration of M7, a leading pay-tv company in Europe