MultiChoice is at an inflection point, and the new board will be judged quickly on whether it can deliver a credible turnaround.
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Premier Soccer League football is coming to Showmax – no DStv subscription required for on-device mobile consumption.
Showmax has partnered with South African consumer electronics manufacturer QVWi to launch new streaming hardware.
In rejecting Groupe Canal+’s bid, MultiChoice Group made a rather interesting remark to investors on Monday.
A deal will be exceptionally difficult – if not impossible – to get over the line. So, why is Canal+ pursuing control of MultiChoice?
Canal+, the company with French roots and global reach, has a similar history to South Africa’s MultiChoice Group.
MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
MultiChoice Group said it is open to US media giant Comcast acquiring a larger stake in its video streaming platform, Showmax.
The new Showmax, which MultiChoice unveiled on Monday, will cost R89/month, from R99/month previously.