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Canal+ Taps Alphabet (GOOGL) AI to Boost Streaming Tech and Content Discovery
French media firm Canal+ (CNALF) said it has signed a multi-year deal with Alphabet GOOGL +0.22% ▲ to use Google Cloud AI in its film work and its Canal+ app. The plan is to add new AI tools to help film teams and to improve how users find shows on the app.
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The deal comes as large stream firms put more funds into AI. For instance, Netflix NFLX -1.40% ▼ uses AI to guide show picks for users. In the same way, Amazon AMZN +0.39% ▲ adds machine tools to Prime Video. Now Canal+ aims to use Google tech to help it grow its reach.
AI Tools for Film Teams
First, Canal+ said film teams will have access to Google’s Veo 3 video AI tool. The firm said the tool will help teams plan shots and test scene ideas.
For example, teams may use the tool to “pre-visualize scenes before shooting or recreate historical moments from a single archival photograph.” Canal+ also said the tools will be open to film groups that work on Canal+ backed films.
At the same time, the deal adds clear rules on rights. Canal+ said its rights and assets will be “deeply protected” in the safe tech space run by Google Cloud.
AI to Improve the Canal+ App
Next, Canal+ plans to use Google AI to sort and tag its full film and show set. This will help the firm add sharper show picks on the Canal+ app. The firm said the tools will help it “index its entire content library and improve personalised recommendations on its Canal+ App.”
The rollout will cover both Europe and parts of Africa where the app runs now. Canal+ said the work is set to start in June 2026.
Meanwhile, the move ties to a long-term growth goal. Canal+ aims to reach as many as 100 million users by 2030 after its deal to buy Africa pay TV group MultiChoice. With help from Google AI, the firm hopes to boost film work and app use as it grows in new markets.
Is Canal+ Stock a Good Buy?
On the Street, Canal+ has a Strong Buy consensus view, based on four analysts’ ratings. The average CNALF stock price target is $4.85, implying a 19.54% upside from the current price.
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