French Media Conglomerate Canal+ Gets Approval to Acquire MultiChoice

French media conglomerate Canal+ gets approval to acquire MultiChoice

The transaction could speed up a consolidation process that might position the pay TV provider as a formidable competitor to global streaming powerhouses such as Netflix, and will enable Canal+ to gain more in roads into Africa. The post French media conglomerate Canal+ gets approval to acquire MultiChoice appeared first on Premium Times Nigeria.

Canal+ Seals $3bn Deal for Full Control of MultiChoice, Ending South African Ownership of DStv and GOtv

In a landmark deal that will reshape Africa’s broadcasting landscape, French media group Canal+ has secured final approval to acquire full ownership of MultiChoice, the South African-based pay-TV giant behind DStv and GOtv. The $3 billion all-cash deal—which gives Canal+ the remaining 55% stake it did not already own—received conditional approval from South Africa’s Competition […] The post Canal+ Seals $3bn Deal for Full Control of MultiChoice,…

Canal+ Acquires MultiChoice For $3 Billion, Gains Control Of DStv And GOtv

French media giant Canal+ has acquired MultiChoice Group for $3 billion, securing full ownership of DStv, GOtv, and Showmax.

Canal+ to Acquire South Africa's MultiChoice After Regulatory Nod

Africa’s media landscape is set for a major transformation as French media giant Canal+ has received a crucial green light to acquire MultiChoice, the continent’s leading pay-TV operator. The South African Competition Tribunal officially approved the R53 billion (approximately USD 3 billion) deal this week, marking a significant step towards creating a formidable pan-African broadcasting powerhouse. The Tribunal’s approval, announced on July 23,…

👨🏿‍🚀TechCabal Daily – Canal+ gets approval for MultiChoice takeover

In partnership with Lire en Français اقرأ هذا باللغة العربية Happy pre-TGIF. Our editor made a comment about the Canal+ and MultiChoice conditional deal which rocked the internet yesterday. He compared it to Rupert Murdoch acquiring CNN; it’s big big. This has been a long, patient play in the making, and finally, Canal+, the Vivendi-owned French streaming giant, now has the opening it has been looking for since 2020. What does this mean for A…