MultiChoice will close four DStv channels next month, three of them carrying local content, while adding four SuperSport channels. The move comes despite local content commitments Canal+ made to get its takeover of the pay-TV operator approved. M-Net Movies 1, KykNet Lekker, Mzansi Bioskop and Mzansi Music stop broadcasting on 16 September, MultiChoice said in…
Moment, the pan-African payments company that grew out of MultiChoice’s fintech ambitions, has closed a US$22-million (R364-million) series-A funding round led by AlphaCode Venture Partners, taking the total it has raised since inception to $55-million. The round includes follow-on investment from existing backers General Catalyst and MultiChoice, and fresh money from Canal+, the French media…
Canal+ CEO Maxime Saada Canal+ CEO Maxime Saada told analysts on Tuesday that the group could not have produced its half-year numbers without the Fifa World Cup, and that it is too early to call the MultiChoice turnaround a success. That is a more cautious tone than the results document published earlier in the day,…
The French media giant says the deal will strengthen MultiChoice’s operations across Africa and expand its international reach. French media company Canal+ has completed its acquisition of MultiChoice Group, making the African pay television company a full subsidiary of the global entertainment business. The development marks the end of a transaction that began in 2023…
France has issued red heatwave alerts for around half the country as temperatures soar to record levels.
Canal+ CEO Maxime Saada Canal+, the French media group that now owns MultiChoice, has listed on the JSE – barely six months after taking full control of MultiChoice and delisting it from the same exchange. The secondary inward listing on the JSE’s main board, effective Wednesday, makes Canal+ the first French company to list in…
Newly listed on the JSE, Canal+ has made it clear where it intends to spend to keep DStv subscribers paying: live sport. The French group, which took control of MultiChoice last year, on Wednesday confirmed a clutch of premium rights deals timed to coincide with its inward listing on the Johannesburg bourse. SuperSport will broadcast…
MultiChoice is bracing for a major organizational shake-up following its acquisition by French media giant Groupe Canal+. While a three-year retrenchment moratorium imposed by South African competition authorities temporarily protects local workers, industry experts warn it may merely delay deeper job cuts rather than prevent them entirely. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday:…
French media and entertainment group Canal+ has formally confirmed it will conduct a secondary listing on the main board of the JSE on Wednesday, 3 June 2026, becoming the first French company to list on the Johannesburg bourse. The pre-listing announcement, published on Tuesday, sets out the terms of the fast-track secondary inward listing of…
Canal+, the global media and entertainment group that took control of MultiChoice last year, has confirmed it will conduct a secondary listing on the JSE on 3 June, becoming the first French company to do so. The inward listing remains subject to final approval from the bourse, which the company said is “expected to be…
