Connect with us

Business

MultiChoice completes integration into Canal+, to operate in 70 markets

Published

on

FRENCH media giant Canal+ has completed the integration of MultiChoice into its operations, making the African pay-TV company a wholly owned subsidiary of the group, according to Chief Executive Officer of Canal+ Africa, Mr David Mignot.

Mignot disclosed this in a statement on Thursday, describing the move as the beginning of a new chapter for one of Africa’s largest pay television operators.

He said the transaction places MultiChoice within a global media group that operates in 70 countries and has an established footprint across Africa.

“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries,” Mignot said.

“The group was founded in France, listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries.”

According to him, the integration will enhance MultiChoice’s competitive position by giving it access to Canal+’s international expertise, global resources and broader operational capabilities, while reaffirming the company’s long-term commitment to the African market.

MultiChoice, which operates the DStv and GOtv platforms across sub-Saharan Africa, serves millions of customers with entertainment, sports and news programming.

The full integration comes after Canal+ concluded its acquisition of MultiChoice following an extended takeover process.

The combination brings together Canal+’s international television business and MultiChoice’s extensive African operations, which span more than 50 markets across the continent.

Industry observers expect the transaction to strengthen Canal+’s position in Africa’s fast-evolving media sector, where pay-TV providers and streaming platforms are competing aggressively through investments in locally produced content, digital services and premium sports broadcasting rights.

Related Articles

The landmark $3 billion deal positions MultiChoice alongside Canal+ to operate across 70 countries and significantly expands resources for African sports, news, and entertainment content.

I am a seasoned journalist known for my incisive reporting and unwavering commitment to journalistic integrity. As a key member of the nop.ng team, I specialize in delivering balanced coverage of socio political developments and cultural affairs throughout Nigeria. Driven by a passion for uncovering the truth regardless of the complexity of the issue I have established myself as a trusted voice in Nigeria’s dynamic media landscape, continually striving to empower my audience with clear, contextually rich news.

Trending