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Canal+ Seals R55bn MultiChoice Merger with Intricate Compliance Gymnastics
Canal+ now controls MultiChoice, serving 40 million subscribers across nearly 70 countries, and plans a board restructuring and local content investments as part of integration.
- Canal+, a French media company, closed its $2 billion acquisition of South African pay-TV operator MultiChoice on Monday, securing a 48.2% stake and new leadership appointments.
- The acquisition followed a complex reorganisation of MultiChoice’s South African operations this month to comply with foreign ownership regulations and competition tribunal conditions issued in July.
- David Mignot and Nicolas Dandoy have taken on the roles of CEO and CFO, respectively, for Canal+ Africa, which encompasses MultiChoice, while the previous CEO, Calvo Mawela, has transitioned to chair the Canal+ African operations.
- Canal+ CEO Maxime Saada announced that the merged entity serves over 40 million customers in close to 70 countries and employs around 17,000 people, with a detailed strategic update planned for release in the first quarter of 2026.
- The deal creates a global media powerhouse with ambitions to increase investment in local African content and maintains MultiChoice’s billing unchanged while supporting black-controlled firms and local programming.
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36 Articles
36 Articles
South African television and streaming company number 1 is under the control of Canal+, a takeover that marks the affirmation of Bollorian leadership in Africa.
·Paris, France
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The completion of this almost two-year procedure gives rise to a media giant in the continent and beyond, with 40 million subscribers in nearly 70 countries in Africa, Europe and Asia, and nearly 17,000 employees.
Coverage Details
Total News Sources36
Leaning Left6Leaning Right2Center3Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
55% Left
L 55%
C 27%
R 18%
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