Maxime Saada, Chairman and Chief Executive Officer of the Canal+ Group, confirmed earlier this month at a press conference that Bollore’s subsidiary has increased its stake in the capital of Multichoice, the leading South African pay-TV operator in Africa, to reach 26.26 per cent of the capital. The French group first took a 6.5 per […]

MultiChoice’s DStv says it will add a pair of 4K channels in readiness for the upcoming FIFA World Cup in Qatar. The tournament kicks off on November 20th. Nyiko Shiburi, CEO of MultiChoice South Africa, speaking at the company’s annual media event in Johannesburg, said that a significant amount of technical work had been done […]

MultiChoice subscribers in South Africa can enjoy significant price cuts if they switch from satellite to a broadband (‘dishless’) service. The cuts range from 13 per cent to 17.5 per cent depending on the level of package taken. DStv Premium, which currently costs R839 per month (about €48.40) can save 16.7 per cent by switching […]

MultiChoice Group (MCG), the South African entertainment and services platform, will become Sky’s second global syndication partner for its Glass offering. The syndication partnership will allow MCG to offer its customers more ways to connect to their favourite content, including: Glass panels: a range of 4K QLED TVs with integrated sound bar featuring Dolby Atmos […]

French media company Canal+ has raised its stake in South African pay-TV operator MultiChoice to 26.26 per cent, up from 20.12 per cent in July 2022, when MultiChoice advised that Canal+ had acquired an additional interest in the ordinary shares of the company. In a regulatory disclosure, MultiChoice said that it remained committed to acting […]

South Africa-based pay-TV operator MultiChoice says it is facing a liquidity crisis in terms of its presence in Nigeria, its second-largest market. The problem is that repatriating cash out of Nigeria is expensive. The country has various foreign exchange rates, and the difference between the ‘Investors & Exporters’ rate (of US$1 is currently some Naira420. […]

South Africa’s MultiChoice pay-TV operation is to launch 4K content this autumn ahead of the 2022 FIFA World Cup football tournament being held in Qatar. CEO Calvo Mawela stated that MultiChoice is ready for the World Cup in 4K and the service will be offered on its DStv and Showmax Pro platforms; Showmax Pro is […]

South African broadcaster MultiChoice Group (MCG) delivered steady margins for the year ended March 31st 2022. “Reduced losses in the Rest of Africa (RoA), a rebound in advertising revenues and a continued focus on cost containment enabled us to absorb the R1.1bn (€70m impact of a normalisation in content costs as live sport returned and […]

South African broadcaster MultiChoice says that its headline earnings per share (HEPS) are expected to fall by as much as 25 per cent. The trading period to the end of March has been challenging enough, but it has suffered from foreign exchange losses that have hurt the pay-TV broadcaster. MultiChoice says that its HEPS numbers […]

Nigeria’s Competition and Consumer Protection (CCP) tribunal in Abuja has adjourned, for now, a case challenging the price increases planned by MultiChoice Nigeria Limited, owner of DStv and Gotv in Nigeria. Festus Onifade, a lawyer, sued the satellite television services giant over the increase in subscription prices, on behalf of himself and a coalition of […]