French Media Giant Canal+ Completes Takeover of MultiChoice in Landmark $3 Bn Deal

This move gives Canal+ full control over popular African pay-TV platforms DStv and GOtv, as well as Showmax and SuperSport.

South Africa’s Competition Tribunal approved the takeover with conditions, including commitments to local content investment, no job cuts for 3 years, and the creation of a new South African-owned company, LicenceCo, to manage broadcasting licenses.

The deal signals a new era in African entertainment merging Canal+‘s French-speaking reach with MultiChoice’s dominance across English-speaking Africa