Ghana has demanded that the local unit of MultiChoice Group to reduce subscription fees by 30% by 7 August or risk suspension of its broadcasting licence, Daily Graphic reported. The country wants the operator of DStv to reduce prices to align with what it charges in other peer markets and to reflect recent gains in…
MultiChoice Group has announced details for the first time about its plans to restructure the shareholding in its main South African operation to facilitate the JSE-listed broadcaster’s sale to France’s Groupe Canal+. The move comes 10 days after the two companies secured the green light from the Competition Tribunal for their transaction to proceed. The…
The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by London-listed Groupe Canal+, removing a major hurdle to their deal being consummated. The tribunal approved the proposed transaction, subject to conditions agreed earlier this year by the merging parties. “As was previously disclosed, the agreed conditions include a robust package of guaranteed…
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’…
