French Media Giant Canal+ Acquires MultiChoice in $3bn Deal, Gains Full Control of DStv and GOtv
The African entertainment landscape has taken a new turn with Canal+, a leading French media company, successfully acquiring 100% ownership of MultiChoice Group in a historic deal worth $3 billion. This acquisition solidifies Canal+’s position as a dominant player in the African television and streaming markets.
Deal Overview After months of negotiations and regulatory approvals, Canal+ increased its stake from a significant minority share to full ownership of MultiChoice. This development marks one of the largest acquisitions in Africa’s media history and is expected to drive substantial growth in local content production and distribution... Read complete content click link below
Continue Reading The Post
Also join our community and comment on this topic in the forum.
Go to Forum ThreadAccording to reports, the deal will enable Canal+ to leverage MultiChoice’s extensive subscriber base across more than 50 African countries, while also integrating its own rich catalog of international and French-language content.
Impact on DStv and GOtv Subscribers The acquisition means that DStv and GOtv customers may soon enjoy an expanded content library, including exclusive international programming, enhanced live sports coverage, and localized African series.