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Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer (15995 Views)

French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn / BUA Group, French Firm Seal Deal For 200,000bpd Refinery / Nigerian Stock Exchange To List FGN N10.69bn Green Bond (2) (3) (4)

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Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by motionarena: 11:47am On Feb 06
Money too small.
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by pipnator00(m): 11:49am On Feb 06
HeatSeeker:
They should better sell!

Streaming has eaten deeply into their market share, and they can no longer boast of dominance decisively. Sell it off so that running the business profitably is now the headache of the French.

You think so? Remember they are buying everything including all customers data held by multichoice and that's where the money is. smiley
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Frezhkid10(m): 11:51am On Feb 06
kayswag100:


I feel you! Only issue is that when I stream football, I'm always about 1 minute + away from live action. For those that dont mind, mtn is an alternative

For me, when on live football, I do a live text commentary in a group im in. Sadly, DSTV wins it for me. Movies are all crap sha (anaconda, transformers, batman, and all thise old movies on repeat!)
What!!..dstv movies crap..
Sub for premium first and see good movies and great entertainment from dstv
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by nairalanda1(m): 11:53am On Feb 06
verybadmouth:
Who cares, last time I subscribed DSTV was 2022 Aug. MTN can't be taking my money and DSTV also, I ain't a robot

Startimes, meanwhile, is very cheap.
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Acidosis(m): 11:55am On Feb 06
I can't remember the last time I subscribed. Streaming services have taken over. Nowadays, you can watch a movie soon after it is released on YouTube or any other platform. You don't have to wait two or three years to see a "new" movie.

Another wahala is that most of their channels have very low quality, usually in SD (standard definition). You can't have a TV with a high screen capacity and settle for DStv. It's like drinking an expensive wine in a cheap plastic cup.

It's time to sell that company.

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by GentleBosss: 11:55am On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

U can actually watch live programs online with Iptv

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.


You can actually watch live TV program with iptv

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Blazadenise(m): 11:57am On Feb 06
accordadoga22:
Hehehe

Multi choice wey dey do Nigerians wayo.

You better sell it now before it gets too late because very soon we will boycott you



Watin way i done boycott since with internet.. Watch all my things on internet. Last i used dstv was over 9years ago
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Jorussia(m): 11:58am On Feb 06
SoNature:
Multi Choice made over N277 billion last year in Nigeria alone. Then, imagine how much they make across the countries they operate in Africa.

There's no way the management of Multi Choice can sell such a business because it's an high-return investment.
They are an overrated company.over 70% of their revenue is from Nigeria.

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by verybadmouth(m): 11:58am On Feb 06
nairalanda1:


Startimes, meanwhile, is very cheap.
Really, make be I should try that also
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by djon78(m): 12:05pm On Feb 06
SouthSouth1914:
If I were them, I would sell pocket 70% in cash and 30 in shares. Multichoice are not dominant in the market again since the inception of Netflix et ‘al.

They should not rue their chances in the future for not taking this. We all know what happened to Yahoo, and other companies on the past who regretted their chances!



Exactly

Streaming services are taking over the world

I was talking with a Chinese partner who came on country visit two weeks ago

He said in China there's nothing like DStv

That what is used over there is more of streaming services because of very fast paced internet


Once our internet speed rapidly improves in Nigeria
Many will not need DStv again

Streaming services will take over

DStv better cash out now it's still early
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by finallybusy: 12:05pm On Feb 06
Thank God. They should keep their croissant and baguette fingers to themselves. Let them not spread their imperialism to the whole continent.
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by FFIA: 12:12pm On Feb 06
HeatSeeker:
They should better sell!

Streaming has eaten deeply into their market share, and they can no longer boast of dominance decisively. Sell it off so that running the business profitably is now the headache of the French.
by the time I finally install my Starlink, wetin go gum me with DStv again?

na to pay far less for a quality live streaming service.

after all the main purpose of the internet is not for streaming, I will only be killing another bird with just a single stone cool
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Ferdinandu(m): 12:23pm On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.
If DSTV partner streaming service Showmax can stream live premier league what makes you think that in future Netflix and co can't do that. The game is up for Multichoice. Premium sports monopoly has been the password they have been using to scam everyone but it is catching up with them

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by silento(m): 12:28pm On Feb 06
Noniblaq:
Do you know that with only 200k you can start a boutique business today. Quote me if interested

Is a lie
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by fashrola(m): 12:30pm On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.

Wake up bro, larger percentage owners of DSTV has ditched to TV Streaming.

Starlink has even made it possible and other Fiber Optics provider in Nigeria. DSTV is loosing the market and they are feeling it.

Even MetroTV is showing all live premier matches for 5k a month.

To make it worse, PHCN electricity supply has been very poor lately and it’s one of the major factors too.

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by fashrola(m): 12:31pm On Feb 06
Ferdinandu:
If DSTV partner streaming service Showmax can stream live premier league what makes you think that in future Netflix and co can't do that. The game is up for Multichoice. Premium sports monopoly has been the password they have been using to scam everyone but it is catching up with them

Netflix will start showing WWE sef

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by silento(m): 12:31pm On Feb 06
djon78:




Exactly

Streaming services are taking over the world

I was talking with a Chinese partner who came on country visit two weeks ago

He said in China there's nothing like DStv

That what is used over there is more of streaming services because of very fast paced internet


Once our internet speed rapidly improves in Nigeria
Many will not need DStv again

Streaming services will take over

DStv better cash out now it's still early

For two years na Airtel I dey use stream for my android tv , internet has ready improved ooh it depends ur area

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Yampotatocarrot(m): 12:48pm On Feb 06
fashrola:


Wake up bro, larger percentage owners of DSTV has ditched to TV Streaming.

Starlink has even made it possible and other Fiber Optics provider in Nigeria. DSTV is loosing the market and they are feeling it.

Even MetroTV is showing all live premier matches for 5k a month.

To make it worse, PHCN electricity supply has been very poor lately and it’s one of the major factors too.

Please, how does metroTV work? Just hearing of them for the first time
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by BigBashiru: 1:16pm On Feb 06
nairalandkachy1:


https://www.reuters.com/markets/deals/s-africas-multichoice-ends-deal-talks-with-vivendis-canal-plus-2024-02-05/





Thank God. The French savages with their evil ways must not be allowed to control African media. The French government is satanic/luciferian
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by fashrola(m): 1:19pm On Feb 06
Yampotatocarrot:


Please, how does metroTV work? Just hearing of them for the first time

Just go to their website MetroTV and check their agents closer to you.

It’s 5k per month and shows all DSTV channels inclusive of live premier leagues

Cons: their channels are not HD and has low resolution
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Yampotatocarrot(m): 1:24pm On Feb 06
fashrola:


Just go to their website MetroTV and check their agents closer to you.

It’s 5k per month and shows all DSTV channels inclusive of live premier leagues

Cons: their channels are not HD and has low resolution

Thanks for this, and for stating the cons also
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Mayflowa(m): 1:33pm On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.

I agree the $1.6B isn't much compare to the reach of DSTV. But the French company even pay 40% more for what DSTV is currently worth. This is DSTV fault not the French company. DSTV may not even have a choice. this company already own a massive 35% of DSTV stocks. Who can challenge such a shareholder?

3 Likes

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Bunnatex(m): 1:42pm On Feb 06
Noniblaq:
Do you know that with only 200k you can start a boutique business today. Quote me if interested
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by Achoghim: 1:52pm On Feb 06
The only reason why DSTV is still thriving here is because of slow and unstable internet, plus lack of unlimited subscription.
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by TechCapon(m): 1:54pm On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.
u dont knw what ur talking about. ShowMax has both Live matches, movies, music, etc and its a streaming platform. Much more cheaper than the so called DSTV

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by FireUpNow(m): 2:15pm On Feb 06
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.

Your streaming is about football only. What about other programs? How many of your kind are present in Africa? If you know what business of broadcasting and tv station is you will know that the management of DSTV knows what they are worth.

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by aimmoney9: 2:24pm On Feb 06
Enemyofpeace:
Mtcheeeeeeeeeeeeeeeeeeeeeeew




I don survive DEC 25 and JAN 1, remain FEB 14.🤗😔😔
Easter still dey oooo with all those kabir's............. grin grin grin
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by fashrola(m): 2:27pm On Feb 06
Yampotatocarrot:


Thanks for this, and for stating the cons also

You are welcome

1 Like

Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by seyenko(m): 2:30pm On Feb 06
My concern is the monopoly it will create in the continent, just one single dominant provider will arbitrarily increase prices whenever they wish
santaclaws:


Streaming? Well, DSTV doesn't need your internet connection to function and streaming services are majorly for movies and series (unless you want to pay on multiple streaming platforms to watch sports like DAZN), DSTV offers much more than that. There's a wide market for both media services to co-exist, so I wouldn't say that. Netflix cannot show live football matches, so what are you talking about?

Bottom line is that $1.6B is a grossly undervalued sum for Multichoice as an African multinational media company, the largest of its kind.
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by OvertheTop(m): 2:34pm On Feb 06
HeatSeeker:


You are very wrong on this one. Football matches and all other forms of entertainment and media services can be streamed without any hassles. Streaming is not only about netflix undecided

But Streaming is Not Free....
the Cost You will likely spend on Data is >>(Greater) than DSTV subscription
so in my own thought, Streaming is not a Great/ Cost effective alternative to DSTV
Re: Multichoice Rejects French Firm, Canal Plus' $1.69bn Offer by ShoeGetSize: 2:50pm On Feb 06
Given the current exchange rate, 227 Billion Naira is not as large as you think it is. In fact, if you break it down properly, the overhead costs of running Multichoice in Nigeria given all the environmental and infrastructural challenges would probably consume about half of that 227 Billion Naira.

SoNature:
Multi Choice made over N277 billion last year in Nigeria alone. Then, imagine how much they make across the countries they operate in Africa.

There's no way the management of Multi Choice can sell such a business because it's a high-return investment.

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