France’s Canal+ Threatens to Pull $1.1 Billion Cinema Deal Over French Tax Hike
Canal+ Group chairman Maxime Saada has warned that the pay TV banner could pull out of its €1 billion ($1.1 billion) investment deal with the French film industry if the government goes ahead with plans to double VAT on pay-TV subscriptions. The measure, included in the governmen
Canal+ Group chairman Maxime Saada has warned that the pay TV banner could pull out of its €1 billion ($1.1 billion) investment deal with the French film industry if the government goes ahead with plans to double VAT on pay-TV subscriptions. The measure, included in the governmen This story matters for Culture, Style & Media readers tracking film. Reported by variety.com. Read the full original at the source link below.
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