Canal+ is moving to AI to cut production costs. (Graphic by Nicola Mawson, with images from Freepik & Pexels) MultiChoice owner Canal+ is deploying artificial intelligence (AI) through partnerships with Google Cloud and OpenAI, to cut production costs and make the impossible possible on screen. During the company’s recent results presentation, Maxim Saada, CEO of…
Canal+ CEO Maxime Saada has confirmed that the company will launch its flagship over-the-top (OTT) platform, the Canal+ app, in South Africa to replace Showmax. The decision follows a formal announcement by MultiChoice on March 5, 2026, to shut down the homegrown streamer after years of accelerating financial losses. Read: Oppo teases ‘zero-feel crease’ for…
MultiChoice Group parent, London-listed Canal+, has highlighted the cost of entering the DStv ecosystem as a big factor slowing subscriber growth of its main satellite offering. In an investor presentation following the release of Groupe Canal+’s results for the year ended 31 December 2025 on Wednesday, Canal+ Africa CEO David Mignot said the cost of…
The decision by MultiChoice Group parent company Canal+ to pull the plug on failed streaming service Showmax is expected to help boost cost savings to €250-million in 2026, up from the €150-million Canal+ had guided in January. This is according to Canal+’s results for the year ended 31 December 2025, released on Wednesday. In the…
Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, resulted in its shares cratering 23.5% in their worst one-day performance since listing in London 15 months ago. Canal+ acquired MultiChoice in 2025 in a move designed to further its ambition to become…
Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, left its shares on track for their worst one-day performance in history. Its shares were down more than 20% at 2.54pm SAST (12.54pm GMT), their worst day since listing in London 15 month…
Canal+ has announced a €100-million (R1.9-billion) “boost plan” to stabilise and restart subscriber growth at MultiChoice. This aggressive investment follows a difficult financial year for the South African-headquartered pay-TV giant, which has continued to lose both customers and revenue since being acquired by its new French parent. Read: Oppo teases ‘zero-feel crease’ for upcoming Find…
Canal+ will pump €100-million (R1.9-billion) into a “boost plan” to restart subscriber growth at MultiChoice, even as Africa’s largest pay-TV operator continues to bleed customers and revenue under its new French parent. The investment, announced alongside Canal+’s first full-year results since completing the MultiChoice acquisition, comes as the South African-headquartered business saw its subscriber base…
In a landmark strategic shift, DStv subscribers will not face their traditional April price hike this year. This decision marks the first time in recent memory that the pay-TV giant has bypassed its annual adjustment, signalling a new era of “subscriber-first” management under the ownership of Groupe Canal+. Read: Nvidia secures multiyear megadeal to power…
Canal+ outlined the first benefits of its acquisition of MultiChoice, pointing to Africa as the main source of cost savings and growth. The deal was completed on Sept. 22, 2025. Speaking to investors on Jan. 29, Canal+ Chairman Maxime Saada said the group expects more than €400 million of EBITDA synergies and about €300 million…
