MultiChoice has formally become a full subsidiary of Canal Plus, a move Canal Plus Africa and MultiChoice Chief Executive David Mignot says places one of Africa’s leading pay television operators inside a genuinely global media organisation.
In a company statement, Mignot said MultiChoice is now part of a truly international media group operating in 70 countries, founded in France, listed in both London and Johannesburg, and already carrying a strong African presence across more than 45 countries. The completion of the transaction is expected to strengthen MultiChoice’s position in Africa’s media and entertainment market by giving it access to Canal Plus Group’s broader resources, expertise and international capabilities, while reinforcing the group’s stated commitment to the continent. MultiChoice operates across sub Saharan Africa through platforms including DStv, GOtv and Showmax, serving millions of subscribers with entertainment, sports and news content.