What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade.
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Groupe Canal+ aims to use group synergies to deal with the ongoing subscriber losses afflicting MultiChoice.
MultiChoice is at an inflection point, and the new board will be judged quickly on whether it can deliver a credible turnaround.
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.