MultiChoice headquarters in Randburg, Johannesburg. Canal+ and MultiChoice have committed an additional R2 billion to public interest initiatives in South Africa, as part of a growing list of undertakings tied to their proposed R30 billion deal. The funds cater for commitments that include increased support for local content production, supplier development, and the establishment of…
MultiChoice Group has told the Competition Tribunal that its takeover by French broadcasting giant Groupe Canal+ would give it the scale it needs to compete effectively against Netflix and other international streamers. The proposed multibillion-rand deal, which is inching closer to a conclusion, overcame a big hurdle in May when the Competition Commission recommended it…
MultiChoice South Africa CEO Byron du Plessis MultiChoice is working on a huge overhaul of DStv, including revamping its channel bouquets, as it looks to stem subscriber losses in an increasingly competitive market. Key to the upcoming changes is figuring out how to attract younger viewers, whose media consumption patterns are radically different to older…
SuperSport CEO Rendani Ramovha SuperSport United, the Premier Soccer League (PSL) team owned by MultiChoice Group subsidiary SuperSport, is being sold to an entity linked to the former Bloemfontein Celtic football club. According to a SuperSport statement on Thursday, the sale to Siwelele Football Club was agreed following a closed bidding process. It remains subject…
While DStv’s traditional satellite business faced challenges last year, its streaming-only subscriptions have shown exceptional growth, with DStv Stream revenues increasing by 48% between the 2024 and 2025 financial years. Read: iPadOS 26 unleashes Mac-like productivity Originally launched as DStv Now in 2014, the service was initially exclusive to satellite subscribers. In 2020, MultiChoice introduced…
MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all…
DStv owner MultiChoice has begun piloting weekly subscriptions in Uganda, a strategic move that could expand to other markets if successful. MultiChoice Group CEO Calvo Mawela stated that the trial, which commenced seven weeks ago, will be evaluated over the next three to six months. This initiative aims to better align subscription periods with customers’…
MultiChoice Group is in trouble. The pay-television broadcaster on Wednesday reported a big loss for the year ended 31 March 2025 and reported a decline of 1.2 million linear broadcasting subscribers, or 8% year on year. The group now has 14.5m active subscribers, with customer losses evenly split between South Africa and the rest of…
MultiChoice headquarters in Randburg, Johannesburg. 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 announced its financial results for the year ended 31 March (FY25). In a statement to shareholders on the Stock Exchange News Service, the…
