Announcing the development in a statement on Thursday, Chief Executive Officer of Canal+ Africa and MultiChoice, David Mignot, said the integration places MultiChoice within a global media group with an extensive international footprint.
According to Mignot, the acquisition positions MultiChoice to leverage the resources, expertise and capabilities of an international organisation operating across 70 countries.
“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. 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,” he said.
He noted that the combined business would strengthen MultiChoice’s position in Africa’s media and entertainment industry while reaffirming Canal+’s long-term commitment to the continent.
The integration is expected to provide MultiChoice with broader access to global expertise, technology and investment, enhancing its ability to compete in the rapidly evolving media landscape.
MultiChoice is one of Africa’s leading pay television providers, operating across sub-Saharan Africa through its DStv, GOtv and Showmax platforms, which deliver entertainment, sports and news content to millions of subscribers across the region.
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