Vivendi-backed Canal+ clearly believes Africa is worth a major investment having placed €140 million (Rand 2.8bn) into a 6.5 per cent stake in South Africa’s MultiChoice, which last year was spun off as a stand-alone unit from Naspers. Evidently, Canal+ has been quietly building its shareholding since April this year and has now declared its […]
French media company Canal+ has taken a 6.5 per cent stake in South Africa-based pay-TV provider Multichoice. Canal+ said that the move was a long-term financial investment a testament to the confidence that Vivendi has in MultiChoice and the African continent. Canal+ is owned by Vivendi, which is also the owner of Universal Music Group […]
There’s a groundswell of complaints from Nigerian subscribers to MultiChoice’s DStv and GoTV pay services. Subscribers are upset over two price hikes in barely three months from the South African pay-TV giant. MultiChoice has sent letters to subscribers, with some saying: “Dear Customer, please be advised of a price adjustment on your DStv Premium package […]
South Africa’s MultiChoice is to offer subscribers an upgraded version of its Explora decoder and video recorder that can handle Ultra HD programming. The pay-TV broadcaster is also offering a separate set-top box, DStv Streama, that is good for web-streaming. The Explora Ultra box can handle third-party 4K material from the likes of Netflix and […]
Nigeria’s National Broadcasting Commission (NBC) has ordered pay-TV giant MultiChoice to suspend new price rises on its DStv bouquets. Bad as this news might be there’s also further tough news for MultiChoice in that Nigeria’s Minister of Information & Broadcasting, Alhaji Lai Mohammed, confirmed that the Nigerian government is looking to rule that DStv can […]
African pay-TV giant MultiChoice has lost 41 per cent of its subscribers in Zimbabwe, representing some 92,000 former viewing homes, as the financial downturn hits the nation – not helped by typical 18 hours-a-day power cuts and the absence of dollars in the market to actually pay subsscription fees. MultiChoice says it still has around […]
South African broadcasting giant MultiChoice says that Intelsat’s Chapter 11 bankruptcy protection will have no impact on its pay-TV transmissions. MultiChoice beams its signals from Intelsat-20 and Intelsat-36 satellites for its DStv broadcasts across Africa. Intelsat announced last month that it and certain sister-companies have filed for Chapter 11 proceedings. Intelsat has informed local press […]