Canal+ unveils big plan to stem DStv’s decline

Canal+ unveils big plan to stem DStv’s decline

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…

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DStv freezes prices as Canal+ takes the reins

DStv freezes prices as Canal+ takes the reins

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…

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Canal+ eyes streaming overhaul for MultiChoice customers

Canal+ eyes streaming overhaul for MultiChoice customers

Following its landmark acquisition of MultiChoice Group, French media giant Canal+ is exploring a major shift in how African viewers access content. The company is considering deploying its all-in-one streaming application to MultiChoice’s vast customer base in Southern and Eastern Africa, potentially bringing global partnerships with Apple TV+ and HBO Max under a single interface….

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Canal+ eyes billions of rand in cost savings from MultiChoice deal

Canal+ eyes billions of rand in cost savings from MultiChoice deal

Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth ambitions. In a statement released on Thursday, Canal+ said the combined group is targeting run-rate cost synergies of more than €400-million at earnings before…

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Canal+ concedes Showmax ‘not a commercial success’

Canal+ concedes Showmax ‘not a commercial success’

Groupe Canal+ CEO Maxime Saada on Thursday acknowledged that Showmax, the streaming platform owned by MultiChoice Group, has failed to achieve commercial success and has been a significant drag on the group’s financial performance. Speaking during an investor call following Canal+’s acquisition last year of control of MultiChoice, Saada said Showmax has “been losing a…

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Africa: Canal+ Targets Africa Synergies After Multichoice Takeover

Africa: Canal+ Secures Long-Term Content Deal With Warner Bros

Canal+ and Warner Bros. Discovery have announced a major expansion of their long-standing strategic partnership, signing a new multi-year, multi-territory agreement that significantly strengthens their collaboration internationally. The expanded deal covers the distribution of HBO Max as well as the renewal of several Warner Bros. Discovery (WBD) thematic television channels across multiple markets in Africa…

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Canal+ eyes billions of rand in cost savings from MultiChoice deal

Canal+ moves to stem slide in DStv subscribers

French pay-television giant and new MultiChoice Group owner, Groupe Canal+, plans to focus aggressively on subscriber growth to take advantage of what it has described as the “underpenetrated African pay-TV market”. The move, outlined in an investor presentation by Canal+ earlier this month, aims to offset MultiChoice’s sinking subscriber numbers, which declined by 1.2 million…

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