30 results
- 16 Jun 2024
Multichoice Group’s N31.6Bn Trapped in Closed Heritage Bank
Multichoice Group, owners of DStv and GOtv, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation, according to the group’s annual report for FY 2024. Multichoice…
- 29 May 2023
MultiChoice Group Launches "Moment" an integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst have entered into a joint venture agreement aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new…
- 15 Nov 2023
Multichoice Group Profit Dips, Plans Showmax-Comcast Platform Launch Early 2024
Multichoice Group, South African pay TV company has reported a 5 per cent drop in half-year profit, hit by weaker currencies in several markets, losses at its Showmax streaming business and a lower…
- 13 Feb 2020
VIMN Africa, MultiChoice Group Renew Partnership
Viacom International Media Networks Africa (VIMN Africa) and MultiChoice Group have announced the renewal of their distribution partnership which highlights the investment in local content, bringing…
- 28 Nov 2019
VIMN Africa and MultiChoice Group Renew Distribution Partnership
Viacom International Media Networks Africa (VIMN Africa) and MultiChoice Group have announced the renewal of their distribution partnership which highlights the investment in local content, bringing…
- 15 May 2020
Subscribers’ Group Asks Multichoice to Halt Proposed Tariff Hike
Association of Telephone, Cable TV and Internet Subscribers (ATCIS), a group of subscribers has asked MultiChoice, operators of DStv and GOtv to drop its proposed new tariff based on the new Value…
- 12 Jun 2024
MultiChoice Group Posts Loss in Q1 as Subscription Rate Dips
South Africa’s TV giant MultiChoice posted a pretax loss of 706 million rand ($38 million) for the year ending in March, the company said Wednesday citing weak local currencies and a drop in…
- 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…
- 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…
- 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…
- 12 Nov 2024
Economic Hardship Forces 243,000 Nigerians to Drop DStv, GOtv Subscriptions
The South African pay-TV operator MultiChoice Group disclosed that its Nigerian unit, MultiChoice Nigeria, lost 243,000 subscribers on its Digital Satellite Television (DStv) and General…
- 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…
- 9 Feb 2024
MultiChoice Agrees to Pay N35.4Bn as Part of FIRS Tax Claim
MultiChoice Group has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service (FIRS). This is about 10per cent of the initial claim filed by the Nigerian tax…
- 27 Jul 2020
Multichoice Adds ESPN to DSTV & GOTV S ports Offering
MultiChoice Group, MCG, and The Walt Disney Company Africa on Monday announced that they have signed an exciting partnership, which will see a significant addition to the sports available to its…
- 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…
- 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…
- 14 Nov 2024
Multichoice Writes Off N31.6Bn with liquidated Heritage Bank
Multichoice Group, South African Pay-TV operator, has announced that it has written off N31.6 billion ($21 million) in cash that was held with the recently liquidated Heritage Bank. A write-off is…
- 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…
- 14 Mar 2021
Embrace Diversity or We Boycott MultiChoice Services- CNG
Coalition of Northern Groups (CNG) has threatened to organise and enforce a boycott of MultiChoice services in the Northern region, as it accused the owners and operators of DSTV, Nigeria’s leading…
- 25 Aug 2021
BHM and ID Africa Mourn Martin Mabutho
The management of Black House Media (BHM) and ID Africa have commiserated with the family of late Martin Mabutho and the entire MultiChoice Group over the sad passing of their Chief Customer Officer.…
- 12 Dec 2021
MultiChoice Brings SuperPicks Football Magazine Show on GOtv
MultiChoice Group has announced that the successful SuperPicks football magazine show will now be broadcast across GOtv in Africa Thursday nights from 9pm on SuperSport La Liga (GOtv channel 32). CEO…
- 20 May 2021
MultiChoice Launches New African Telenovela Channel on DStv
MultiChoice Group proudly owns the title of Africa’s most-loved storyteller and that brings with it a responsibility to not only invest in the development of authentic African stories, created by…
- 11 Jun 2020
MultiChoice to Stream Netflix, Amazon in New Deal
MultiChoice Group Ltd, Pay-TV company, has signed deals with Netflix Inc and Amazon.com Inc to offer their streaming services through its new decoder. The deal has been touted as a move by…
- 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…
- 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…
- 11 Oct 2024
MultiChoice Introduces New Channel, Renames Three others on DStv, GOtv
Pay-TV operator, Multichoice Group, has rebranded its SuperSport variety channels on both DStv and GOtv platforms. In a statement on Thursday by the Executive Head of Marketing at MultiChoice West…
- 25 Aug 2021
X3M Ideas Commiserates with Muiltichoice Group on COO's Demise
The management of X3M Ideas has felicitated with the family of Martin Mabutho and the entire MultiChoice Group for the sudden demise of its Chief Customer Officer after a brief illness in Cape Town,…
- 13 Jun 2021
MultiChoice Hits Record Profit with Huge Increase in DStv Subscribers
MultiChoice Group (MCG), Africa’s leading video entertainment company, has revealed a big increase in trading profit and subscribers on DStv, its pay-TV service in its latest financial results, ended…
- 22 Feb 2021
MultiChoice Brings tvN - Korea’s Number 1 Entertainment Channel to DStv
MultiChoice Group and its counterpart, CJ ENM HK, have announced the launch of Korean entertainment pop up channel tvN Africa on DStv, channel 134 from Monday, 1st March 2021. This marks the first…
- 11 Jun 2025
MultiChoice Loses 2.8m Subscribers in Two Years
Video entertainment company MultiChoice’s woes are persisting with the company continuing to suffer massive losses in revenue and subscribers. This emerged today when the DStv parent company…