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…
President Mulino responds to China, insists his country upholds the rule of law and and has an independent court system. Published On 5 Feb 20265 Feb 2026 Click here to share on social media share2 Share Panama’s President Jose Raul Mulino has rejected China’s threat to make the Central American country pay a “heavy price”…
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….
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…
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…
