Canal+ is cutting DStv’s top package price by as much as 42%. Here’s who benefits.
Browsing: Maxime Saada
MultiChoice revenue fell 3% like for like in the first nine months, though the decline eased in the third quarter.
Canal+ has acquired the exclusive rights to all Uefa men’s club competitions in sub-Saharan Africa until 2031.
Canal+ CEO Maxime Saada said MultiChoice could not have delivered its half-year numbers without the World Cup.
The Johannesburg listing comes barely six months after Canal+ delisted MultiChoice, the pay-TV group it now owns.
Once positioned as Africa’s answer to Netflix, the homegrown streaming pioneer fades to black tonight.
The global media group will become the first French company with a secondary listing on the Johannesburg bourse.
Six months on from the Canal+ takeover, the question is: what kind of company is MultiChoice now?
Showmax gives subscribers shutdown dates: no new sign-ups from 31 March, lights out 30 April.
Canal+ shares plunged 23.5% after MultiChoice subscriber losses and a grim revenue outlook rattled investors.