Vivendi’s Management Board has updated plans to split up the conglomerate into three in order to release value. Under the plan, now with the Supervisory Board, the three operating companies would keep the decision-making centre of their activities, as well as their operational teams, in France: Canal+ and Havas, although listed outside of France, would […]

The independent board tasked by South Africa’s most significant pay-TV operator, MultiChoice, has recommended shareholders accept the takeover bid from French broadcaster Canal+. The offer values the company at $2.9 billion (€2.6bn). The Johannesburg group’s board said “the terms and conditions of the offer are fair and reasonable to MultiChoice shareholders”, and pointed to a […]

Canal+, the French media group, has increased its holding in MultiChoice to 42.47 per cent as it moves take full control of the African pay-TV company. Canal+ announced in a press statement that it had acquired in on- and off-market transactions, a further 3.87-million MultiChoice shares, and the transactions had been disclosed to South Africa’s […]

Canal+ has made an all-cash mandatory offer to acquire all the shares of South African broadcaster MultiChoice that it does not already own for SAR35 billion (€1.73bn), both companies have confirmed. That offer at SAR125 per share follows an indicative offer of 105 rand made by Vivendi-owned Canal+ on February 1st, which MultiChoice rejected on […]

Kenyan subscribers to MultiChoice’s pay-TV operations DStv and GoTV will be paying more for their viewing from April 1st. The prices rise by varying amounts depending on the tier level. For example, DStv’s cheapest tier (Lite) will be charged an extra KSh 50 (€0.35) ‘Family’ will pay an extra KSh 150 KSh, ‘Compact’ will pay […]

Canal+ has increased its offer for the acquisition of African pay-TV broadcaster MultiChoice, after being ordered to make an immediate bid by South Africa’s Takeover Regulations Panel (TRP) The Vivendi-owned company has raised its proposal from the previously rejected 105 rand per ordinary share to 125 rand, as confirmed by a joint statement issued by […]

Paramount Global Content Distribution has announced a licensing deal with MultiChoice to create a new Paramount+ destination on the African continent. The hub will offer African audiences direct access to a range series and movies from CBS, Paramount+ Originals, Showtime and Paramount Pictures, and marks the debut of the Paramount+ brand in pan-Africa. “The expansion […]

South African pay-TV operator DStv will raise its subscription fees for South Africa-based subscribers on April 1st, and admits they rises are higher than in previous years. DStv is sweetening the pill a little by saying that clients who take out a 24-month contract will not face any further rises for the length of the […]

Disney has renewed a multi-year distribution deal with MultiChoice Group to offer Disney’s portfolio of linear channels, including National Geographic, National Geographic Wild, Disney Channel, Disney Junior, ESPN and ESPN2 on DStv in South Africa until 2027. The Walt Disney Company operates the six 24-hour channels in Africa, in both English and Portuguese. Christine Service, […]

MultiChoice, the South African pay-TV broadcaster, has rejected a takeover bid from Canal+. Canal+, the Vivendi-owned pay-TV provider, had tabled a non-binding purchase bid but MultiChoice indicated that it felt the value of its business was undervalued. With a market capitalisation of $2.15 billion, MultiChoice turned down the Canal+ offer. In a statement given to […]