kpaofame:


You are spot on!... this takeover bid is exactly a smokescreen to control the narrative of Africa. Media power is real and powerful, the west have used it endlessly to carry out their neocolonialism activities for long in Africa.

Yen, yen, yen, yen, yen, yen, yen, yen...

Oga, (i really want to laugh), either port to Startimes which is not owned by the West, or go to streaming.

It would have been nice if a Nigerian media company can buy over Multichoice, sadly our economy is currently comatose due to the fact that we have braindead criminals running the country today.

MrPristine:
It would have been nice if a Nigerian media company can buy over Multichoice, sadly our economy is currently comatose due to the fact that we have braindead criminals running the country today.

The truth is, even when our economy was healthy, no NIgerian company was set up that could do the same as multichoice.

It is too expensive, either way.

Tonytonex:
mine was about that time too.

Man wey sabi

nairalanda1:


The truth is, even when our economy was healthy, no NIgerian company was set up that could do the same as multichoice.

It is too expensive, either way.

It's not too expensive, there are several Nigerian companies that have the capacity to raise $1.6 billion to buy the company. That said we can always raise our standards to match up with that of South Africa.

That said, MTN came from South Africa but today MTN Nigeria is far bigger than MTN South Africa.

For customer experience, the hope is for a sale to happen. They're bound to put together an upgrade that's likely to improve viewers experience and choices. For the image of AFRICA going forward, it may end up causing serious havoc to our civil development, liberty and mental and political strenght.

AND it's also a minus for the commitment of INDIGENOUS AFRICANS towards the development of the continent.

SoNature:


You mean they will sell off their current businesses and investments to buy Multi Choice? You'd better wake up!

When you hear people's net worth, it means the money they have in bank and investments. Those reviewers don't even mention how much they are owing.

Those rich people owe banks billions of naira. Mind you, the richest among us use your money and my money to do business.

No Nigerian can pay that money (almost $1.7 billion) at a go. In fact, they will have to borrow a lot of money from several banks and pay the money over a period of time. The question is, "Is that what Multi Choice would want?"

wow. But i doubt multi choice, would want to sell off, that business is fucking, like is there any cable in Nigeria aside Dstv. Dstv is the biggest in Nigeria.

Kelvinofficial:
Multi choice is a pan African media behemoth, but France, a well known economic saboteur to most African states wants to acquire the company through Canal+, to gain total media control and control the narratives of what and how happening all over Africa are portrayed.

I for one will like a Nigerian media company or any other African media company to be in charge of what’s going on, in the African continent.

Any other thing is French toast of Smokescreen and propaganda, served with chill wine of neocolonialism.

Call me a conspiracy theorist, but this is just the glaring truth!

You are not a conspiracy theorist you hv spoken the truth. The British did much damage and much psychological warefare through BBC. Sadly there are African people in multichoice who are either colonial brainwashed or are ignorant who will sell multichoice to a French firm...

The problem is there are always Africans who will sell their continent and that's what France capitalizes on.

France is at war with Africa while putting a smile face.

kpaofame:


You are spot on!... this takeover bid is exactly a smokescreen to control the narrative of Africa. Media power is real and powerful, the west have used it endlessly to carry out their neocolonialism activities for long in Africa.

How many European media houses are owned by African firms? Africa wake up!

BigBashiru:


How many European media houses are owned by African firms? Africa where up!

How many African firms have the money to buy European media houses. Or crucually, the interest ?

Europeans are racist, but they are allowing their things to be bought up by people from Asia, people they look down upon, because money knows no race.

Heck, a hundred years ago, some of the british nobility were marrying rich americans daughters...not because they thought they were suitable women... but because them women came loaded with rich dowry, and they were broke. (If you know how the white nobility looks down on their own people, talk less of some American, no matter how white back in those days...)

If an African company has the money and the kudi to buy a media house in Yurrup, they will buy it. Right now, no African has the interest.

COMPAQ:


You people have started with this nonsense again!! Show me the website of Multichoice in any other country where they offer this pay per view billing!?

Are the following not monthly subscription? Do they care whether you use it or not?

Microsoft 365
Internet subscription
Netflix
Spotify
Adobe

The content you watch on dstv is paid for in dollars. As Naira devalues, you need more Naira to pay for the same dollar, hence the price increases!!

I'm always surprised why most Nigerian's reaction to deals like this usually come from the prism of consumerism, rather than entrepreneurial. Smart guys after reading this would rather go and buy Canal Plus or Multi Choice shares...

Like it or not, multi choice is first a business before it is a tool for entertainment. To gain access to these high quality programming cost alot and a massive amount of money in hard currency. Big up to Canal Plus for this strategic investment move, and congratulations to Multi choice for having built a multi billion and an afro centric media behemoth.

nairalanda1:


How many African firms have the money to buy European media houses. Or crucually, the interest ?

Europeans are racist, but they are allowing their things to be bought up by people from Asia, people they look down upon, because money knows no race.

Heck, a hundred years ago, some of the british nobility were marrying rich americans daughters...not because they thought they were suitable women... but because them women came loaded with rich dowry, and they were broke. (If you know how the white nobility looks down on their own people, talk less of some American, no matter how white back in those days...)

If an African company has the money and the kudi to buy a media house in Yurrup, they will buy it. Right now, no African has the interest.

@your first paragraph: You certainly do not know exactly what's happening within the African entrepreneurial ecosystem. Never in the history of Africa has Africans invested so heavily in businesses either owned or managed by the US, European or Asian countries (with controlling interest) like they do now. Get your facts right.

BigBashiru:


How many European media houses are owned by African firms? Africa where up!

It doesn't have to be a media houses, Africans are increasingly buying businesses belonging to both European and Even American companies, but our ill-informed prejudice will never allow us see the amazing wonders our own hardworking star entrepreneurs are doing at the global stage.

SoNature:


You mean they will sell off their current businesses and investments to buy Multi Choice? You'd better wake up!

When you hear people's net worth, it means the money they have in bank and investments. Those reviewers don't even mention how much they are owing.

Those rich people owe banks billions of naira. Mind you, the richest among us use your money and my money to do business.

No Nigerian can pay that money (almost $1.7 billion) at a go. In fact, they will have to borrow a lot of money from several banks and pay the money over a period of time. The question is, "Is that what Multi Choice would want?"

Buying and selling business is also a business own its own. The canal plus that needed to acquire the these shares are doing it for a strategic purpose, because they needed to penetrate the African market with controlling interest.

Do they mean NTA?



.... Jokers... Dstv is worth nothing less than 10b, it's a continental market with a stingent monopoly bragging right
ROI should be almost instant.

immortalcrown:
It is not by selling Multichoice or changing the name like Nigerian political parties.

Multichoice may end like Nokia. The billing is very high and very unfair. Pay-as-you-view model is the only way out for Multichoice, and it is the fair model for subscribers.

Someone who goes to work during the day and stays at home only at night shouldn't pay monthly subscription. How many hours in the month does the person have to watch TV? This is the scam MTN used on Nigerians until Glo came. MTN rejected billing per second. But in less than a month after Glo came with billing per second, MTN quickly started billing per second.

PAYV actually costs a lot. I thought with the influx of Nigerians into the UK, people would have known this by now?