Paddington Bear is one of StudioCanal's most successful international franchises. (EPA PHOTO) Credit: AAPCanal+ says a fourth live-action Paddington film is in development, as the French pay-TV group seeks to strengthen its content slate with one of StudioCanal's most successful international franchises. France remains Canal+'s largest market, generating 1.77 billion euro ($A2.89 billion) of revenue in the first half of 2026. To retain its preferential release window, Canal+ is required to invest about 140 million euros annually in French cinema, Saada said. The group spent 2.25 billion euros on programming and production in the first half of 2026 and expects to spend around 4.5 billion euros this year, with roughly one-fifth allocated to films and television series.