30 results
- 2 Feb 2024
Canal+, French Company Offers to Acquire Multichoice for $1.7Bn
Canal+, a French company, has offered to acquire MultiChoice, South African pay-TV giant for around R31.7bn ($1.7bn). In a statement issued by the Paris-based firm on Thursday, Canal+ announced that…
- 8 Apr 2024
Breaking.....CANAL+, MultiChoice Finalize and Agree to Buyout Offer
CANAL+ has made a mandatory offer to acquire all the issued shares of the MultiChoice Group it doesn’t already own for $1.9 billion. CANAL+ was required to make the offer after acquiring 35 percent…
- 18 Nov 2015
Canal Holdings to Distribute SES TV Content in West Africa
SES S.A., a world-leading satellite operator, has announced that Canal Holdings, a media production company based in Benin, has signed a multi-year contract to distribute Canal 3 TV channels across…
- 1 Oct 2024
MultiChoice-Canal+ Approach Regulators with Merger Terms
MultiChoice and Canal+ have given details of the next steps in Canal’s mandatory takeover of the South African pay-TV company. In a Combined Circular setting out the terms and conditions of the…
- 23 Sept 2025
Canal+ Takes Full Control of MultiChoice, Changes Board
Video entertainment group MultiChoice has made some changes to its board as French media giant Canal+ officially takes control of the South African-founded company. The merging parties today…
- 4 Jun 2024
MultiChoice and Canal+ Buyout Deal Forges Ahead
MultiChoice and French media giant Groupe Canal+ have released a joint circular detailing plans and dates for the proposed buyout of the DStv operator at R125 per share. The circular covers what…
- 4 Feb 2025
Canal+ to Carve, Spin out MultiChoice's LicenceCo in Aggressive Takeover Bid
Canal+ S.A., a French media and telecommunications conglomerate based in Paris, will restructure MultiChoice Group and carve out its broadcasting licence and South African DStv subscribers into…
- 17 Apr 2024
Canal+ Offer for MultiChoice Gains Shareholders’ Support
Some MultiChoice shareholders have expressed relief at the offer by Canal+ to buy Africa’s pay TV giant for $2.9 billion, essentially viewing the potential deal as a vehicle for them to be rescued…
- 11 Mar 2026
Canal+ Unveils €100m Rescue Plan to Revive MultiChoice after Subscriber Slump
French media group Canal+ has announced a €100 million turnaround plan to revive growth at MultiChoice, Africa’s largest pay-TV operator, after the DStv owner lost hundreds of thousands of…
- 10 Jul 2026
DStv, GOtv Owner MultiChoice Officially Joins Canal+ Group
MultiChoice has officially become a wholly owned subsidiary of French media company Canal+, marking the completion of one of the largest acquisitions in Africa's media and entertainment industry. The…
- 27 Oct 2025
After MultiChoice Buyout, Canal+ Eyes Full Ownership of Showmax
Canal+, French media giant, is reportedly eyeing the full takeover of Showmax, the African streaming platform jointly owned with MultiChoice Group. This followed its recent push to expand across the…
- 23 Jul 2025
Canal+ Clears Final Hurdle to Acquire South Africa’s MultiChoice
France’s Canal+ said Wednesday it had cleared the final regulatory hurdle for the buyout of Africa’s largest pay TV enterprise, MultiChoice, and further expand its footprint on the continent. The…
- 22 Jun 2026
CANAL+ Partners Samsung to Pre-Load DStv Stream on New Samsung TVs In Nigeria, Other African Countries
Following an expanded partnership between CANAL+ and Samsung Electronics, the DStv Stream app will now be pre-installed on new Samsung Smart TVs sold in Nigeria and 17 other African countries. The…
- 27 Oct 2025
MultiChoice to Delist from JSE after Canal+ Takeover
MultiChoice Group is set to delist from the Johannesburg Stock Exchange (JSE) on December 10 2025, after Canal+ secured control of more than 90% of its shares, effectively completing its takeover of…
- 21 May 2025
Canal+ Buyout Of South Africa’s MultiChoice one Step Closer
South Africa’s competition authority announced Wednesday it had approved the buyout of Africa’s largest pay TV enterprise MultiChoice by France’s Canal+, which wants to expand its footprint on the…
- 22 Oct 2025
Canal+ Slashes DStv Decoder Prices by 40 Percent from November 1
Following its takeover of MultiChoice, Canal+ is reportedly planning to slash DStv decoder prices by up to 40 percent from November 1. This development, first reported by TechCabal, marks the French…
- 16 Sept 2025
MultiChoice Starts Reorganising Operations to Enable Canal Plus Takeover
MultiChoice’s plans to reorganise its operations in preparation for its deal with French media giant Canal+ have become unconditional. According to Multichoice, the implementation of the various…
- 19 Mar 2026
Canal+ to Cut Jobs as Part Sweeping Restructuring
Canal+ is to cut jobs at MultiChoice as part of a sweeping restructuring plan aimed at stabilising the African pay-TV operator, following years of operational and financial pressure. The move comes…
- 7 Feb 2024
MultiChoice Rejects Takeover Bid by Canal+, French Firm
MultiChoice Group has rejected a move by Vivendi SE’s Canal to be the highest shareholder in the company, saying the price undervalues the business. Recall that the French company last week made a…
- 18 Aug 2022
Showmax Collaborates With CANAL+ to Premiere Epic, Action, Fantasy Series this September
Showmax has just dropped the trailer for Blood Psalms, an epic action-packed African fantasy series. A co-production with CANAL+, Blood Psalms will premiere on Showmax on 28 September, 2022 with new…
- 3 Apr 2024
Multichoice Extends Patel, Chairman’s Tenure to Conclude Canal+ Deal
Board of Multichoice Group have announced the extension of the tenure of Imtiaz Patel, company’s chairman, for him to spearhead the conclusion of the ongoing buyout deal with French media…
- 9 Dec 2025
End of an Era as Multichoice Delists from JSE After Canal+ Takeover
South Africa’s leading pay-TV operator, Multichoice, owner of DStv and Showmax, will officially delist from the Johannesburg Stock Exchange (JSE) this week following its acquisition by French media…
- 24 Feb 2026
MultiChoice Suspends Yearly DStv Price Hike as Canal+ Pushes Growth
MultiChoice has said that it will not implement its customary yearly price increase on DStv and GOtv subscriptions. This is the first time the Pay-TV company will not be adjusting its price in April,…
- 14 Oct 2025
MultiChoice to Delist from JSE
Video entertainment company MultiChoice is set to delist from the JSE after French media giant Canal+ took full control of the firm. MultiChoice listed on the JSE in February 2019. Canal+ told…
- 26 Mar 2013
Ship Owners Fret over Ongoing Unrest, Rise in Piracy
Egypt’s plans to raise Suez Canal tolls in May appear to be less of an issue than current unrest in the country and escalating violence along the canal. Growing concerns amongst policy makers and…
- 2 Jan 2026
MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal
MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+…
- 16 Jul 2019
French Media Giant Acquires Nigeria’s ROK Studios
Canal+ Group, French media giant, has acquired Nigerian production studio, ROK film studios from VOD company IROKO TV, as part of the French company’s plan to strengthen its position in Africa's…
- Broadcasting17 Aug 2026
MultiChoice Nigeria Says Nigerian Business will Remain Local with Global Resources
MultiChoice Nigeria has said that its leadership and strategic decisions remain locally driven following its acquisition by Canal+, as the pay-TV operator seeks to combine global resources with an understanding of Nigeria’s market.
- 26 Jan 2016
iROKO Announces New Funding for African Content after Netflix Arrival
Nigerian online television and film distribution service iROKO has announced $19 million worth of new deals, including with French giant Canal+, to boost operations and take-up across Africa. The…
- 26 May 2016
DStv Subscribers to Experience a Touch of French
Africa’s leading video entertainment provider MultiChoice Africa and French satellite pay-TV operator, CANAL+, are launching a new French add-on package that will offer all active DStv subscribers an…