Canal+ shares plunged 23.5% after MultiChoice subscriber losses and a grim revenue outlook rattled investors.
Browsing: Maxime Saada
Canal+ is heading to the JSE by mid-2026 – and is betting big on Africa to drive future growth.
MultiChoice will discontinue Showmax, drawing a line under one of Africa’s most ambitious streaming experiments.
Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
Canal+ says its MultiChoice acquisition will unlock multibillion-rand cost synergies as it targets scale across Africa.
TechCentral’s South African Newsmakers of 2025 are people who shaped outcomes that reached beyond boardrooms.
Canal+ has secured 94.4% of MultiChoice Group’s issued shares following the close of its mandatory offer to shareholders.
France’s Group Canal+ moved quickly on Monday to stamp its authority on MultiChoice Group following the conclusion of the deal.
What the Canal+ takeover of MultiChoice could mean for competition in South Africa’s media ecosystem.
Canal+ is likely to drive through big strategic changes should its takeover bid for MultiChoice succeed.