MultiChoice’s run as a public company is drawing to a close, with its ticker set to blink for the last time on Wednesday, 10 December 2025. The end came not with drama, but with a legal formality – a so-called “squeeze-out”. Groupe Canal+, the French media giant that had been circling MultiChoice for years, crossed…
To mark 30 years since the launch of DStv in 1995, MultiChoice is reviving one of South African television’s most celebrated nostalgic traditions: Open Time. This temporary promotion offers all DStv decoder customers full access to the Premium bouquet—including all sport, movies, and entertainment channels—for one weekend in November. Read: Bandwidth Blog & Smile 90.4FM…
French media giant Canal+ has successfully taken control of MultiChoice, clearing the necessary regulatory hurdles to complete a complex and long-anticipated acquisition. The company’s initial offer of R125 per share was accepted by over 90% of MultiChoice’s non-Canal+ shareholders, increasing its stake to 94.36%. Canal+ will now invoke a “squeeze out” provision under Section 124(1)…
Canal+ plans to acquire all remaining MultiChoice shares after more than 90% of shareholders accepted its offer, triggering a compulsory buyout.
Canal+ CEO Maxime Saada French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares following the close of its mandatory offer to shareholders. The result, announced to investors on Monday, clears the final hurdle for Canal+ to take full ownership of MultiChoice,…
Willington Ngwepe CEO of LicenceCo. Former Independent Communications Authority of South Africa (ICASA) CEO and MTN executive, Willington Ngwepe, has been appointed as CEO of the newly-created LicenceCo, the holder of South Africa’s subscription broadcasting licence for DStv. The company also announced the appointment of its board of directors today. LicenceCo was formed as part…
David Mignot, CEO of Canal+ Africa and MultiChoice Group. Board changes at MultiChoice, as it and Canal+ start implementing a new structure, will only be a lifeline if they deliver tangible returns. So say analysts after the companies yesterday said final approvals were granted for Canal+’s takeover of MultiChoice Group (MCG), which analysts see as…
Newly appointed MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron MultiChoice Group announced a raft of executive leadership changes on Monday. Following the conclusion of its acquisition by France’s Groupe Canal+, the JSE-listed pay-television group has a new CEO, David Mignot, who replaces incumbent Calvo Mawela. Many are asking who Mignot is and what…
Former MultiChoice Group CEO Calvo Mawela The French are moving quickly to stamp their authority on MultiChoice Group, announcing on Monday that CEO Calvo Mawela is longer CEO of the South African broadcaster. This follows news on Monday morning that Groupe Canal+’s acquisition of the South African pay-television giant has become unconditional. Mawela will be…
Inside the MultiChoice City building in Randburg, Johannesburg. MultiChoice, which is being bought by Canal+ in a $3 billion deal, has received all the approvals it needs to restructure the company, ensuring the new entity has empowerment shareholders. The purchase amount currently equates to R52.2 billion, based on this morning’s exchange rate of R17.36. In…
