July 10 (THEWILL) — MultiChoice has officially become a full subsidiary of Canal+, marking a new phase for one of Africa’s leading TV companies.
In a statement issued on Thursday, July 9, David Mignot, Chief Executive Officer of Canal+ Africa and MultiChoice, said the move places MultiChoice within a global media group operating in 70 countries.
He added that the group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries.
The move combines Canal+’s global reach with MultiChoice’s strong presence in Africa.
It is expected to give MultiChoice access to more resources, expertise, and international opportunities while strengthening its position in the African media and entertainment industry.
The deal is expected to support future investments in local content, digital services, and entertainment offerings, while subscription prices and billing arrangements will remain unchanged for existing customers.
MultiChoice operates platforms including DStv, GOtv, and Showmax, providing entertainment, sports, and news content to millions of subscribers across sub-Saharan Africa.
The deal marks a major step in the company’s growth as it becomes part of a wider global media group.
Evi Ben Ezaga writes on entertainment, culture, and trending stories.
