₦airaland Forum

French media conglomerate Canal+ has officially acquired full ownership of MultiChoice Group, the parent company of DStv and GOtv, in a landmark $3 billion (approx. 55 billion rand) deal. The acquisition, which gives Canal+ the remaining 55% stake it did not previously own, was approved by South Africa’s Competition Tribunal on Wednesday, July 23.

The approval comes after months of intense negotiations and regulatory reviews, and paves the way for the deal to be finalized by October 8, 2025. While the Tribunal gave the green light, it imposed several public interest conditions to protect local content and maintain South Africa’s media sovereignty.


For Canal+, the deal represents a major strategic expansion into Africa’s booming media and entertainment market. Already operating in 25 African countries with over eight million subscribers, Canal+ is now positioned to significantly scale up its presence, targeting 50 to 100 million subscribers across the continent in the coming years.


MultiChoice, Africa’s largest pay-TV broadcaster, brings more than 14.5 million subscribers in 50 sub-Saharan African countries, as well as flagship platforms like DStv and GOtv. The company is also home to premium content brands such as SuperSport, making it an attractive acquisition for the French media powerhouse.

Describing the deal as transformative, Canal+ CEO Maxime Saada said: “The combined group will benefit from enhanced scale, greater exposure to high-growth markets and the ability to deliver meaningful synergies.”

One of the key benefits of the merger is the integration of Canal+’s French-language content with MultiChoice’s dominant English and Portuguese offerings—creating a multilingual media powerhouse capable of serving diverse African audiences.

Beyond strategic value, the acquisition is also a timely boost for MultiChoice. The deal is expected to inject fresh capital into the South African broadcaster, enabling deeper investment in local content production, technology upgrades, and digital innovation.

As part of the Competition Tribunal’s conditional approval, Canal+ has committed to spend approximately 26 billion rand over the next three years on initiatives aligned with South Africa’s public interest objectives. These include retaining MultiChoice’s headquarters in South Africa, maintaining investment in local content and sports broadcasting, and supporting local content creators.

In a joint statement, both companies reaffirmed their commitment to the South African media ecosystem: “We will maintain funding for South African general entertainment and sports content, providing local content creators with a strong foundation for future success.”

Canal+ began its takeover bid in 2023 with a mandatory buyout offer of 125 rand per share, valuing MultiChoice at around $3 billion. With full ownership now secured, the French media giant is poised to redefine Africa’s pay-TV industry, tapping into its vast potential and shifting the competitive.

Source: https://www.vanguardngr.com/2025/07/french-media-giant-acquires-multichoice-in-3bn-deal-gains-full-control-of-dstv-gotv/

Multichoice has finally dumped their failing business on an unsuspecting French company. Multichoice staffers will be smiling all the way to the bank now.

I hope the French media company did their due diligence before acquiring Multichoice and that they have a solid strategy for rescuing the company

Power move!!! DSTv as a Multichoice brand is sinking. It's in their best interest to let go.

All I need is a separate sports package like their Canal+ Sports please!!!

Between Netflix and Amazon Prime, movie needs are adequately covered.

Please do not post adverts in this section, to avoid being banned.

Watch how the business will be rebounded. It takes business sense to revive a failing business like this one

Otilọr
Maybe we'd finally get premium content truly deserving of the outrageous subscription fee being charged.

They kept increasing their prices and we the masses decided to dump them. Person never chop, Na tv he wan watch

You people paying for DSTV will now experience truly mind controlling propaganda.

Africans are already dumping DSTV as their whole package is just like a scam.

For this new owner to make profits, they need to first listen to complain of their customers.

Only sport channels make sense on Dstv. The news media are full of gossip. Their documentaries and movies are as old as Noah

Failed business
You can imagine a failed business now bought with such amount of money

Damn

I guess the question of the day will be:

How are the 8 million Franco-phone customers faring under Canal+

All what nigerians are asking for is value for money and let services rendered be equivalent to money paid for subscriptions

I hope this canal plus would be able to do their magic and woo back lost customers in Nigeria

Finally APC has made multi choice to pack up from the country

South Africans poured their usual hate malice into this business sne Africans repaid them in kind.

They sold their dying business to a mumu 😹😹😹😹, except the Canal+ is ready to do the unthinkable. Or else, they just purchased an unhealthy chicken for Christmas in July 😹

Do people still watch DSThieVes

Dumped mine 2018 and not looked back since then

13 more Characters needed for me to drive home my point

Nigerias is their highest subscribers. Just in 2 years they lost mkre thab 1.4 million subscribers that is about 44%.

The French finally lost several of their pupet African countries.

Now they want to continue their colonial propaganda and manipulations through the media.

It won't work.

All what they wrote there, to a typical Nigerian, it'll matter the day prices will be slashed by half or more

We'll come relieve
I want to believe
This monopoly has long been done to have change

Leykars:
Source: https://www.vanguardngr.com/2025/07/french-media-giant-acquires-multichoice-in-3bn-deal-gains-full-control-of-dstv-gotv/

Should this be the end of DSTV?

Serious overhauling and job lose will follow very soon

Will there still be BIG BROTHER NIGERIA..

I GUESS NOT
.

The French are preparing to take control of media airspace in certain African countries, and the Nigerian military may be unaware of this development.

First, make the French company cancel the upcoming bbn

Be careful here

Canal + is owned by a far right xenophobe Bolloré with colonialist mindset who made his money stealing from Francophone countries and hates Africans at the same time

His news channels in France are used by Canal + to spread xenophobic and hate content 24 hours on news TV in France

They also love increasing subscription prices every year

This transaction effectively creates an African media monopoly Vis a vis content creators/owners (football leagues, movie studios music and film producers or labels) and also a Monopoly vis a vis customers via exclusive distribution rights

That this transaction was allowed to pass is befuddling

These guys are here to spread far right propaganda in Africa and to make money via Monopoly

Its finished..didn't see this coming. So unfortunate

SmartPolician:
Multichoice has finally dumped their failing business on an unsuspecting French company. Multichoice staffers will be smiling all the way to the bank now.

I hope the French media company did their due diligence before acquiring Multichoice and that they have a solid strategy for rescuing the company

I'm sure they have their own plans and strategies on how to rescue the company because it will only take someone with good future plans to spend that large of money in buying a company whose downfall is obvious, one thing I can see is that the company has gain ground in Africa unlike starting a new company that will take years to become popular like multi choice, that is a stepping stone for the new owner

sanandreas:
They kept increasing their prices and we the masses decided to dump them. Person never chop, Na tv he wan watch

you might be surprised it’s not their fault business wise.
You can never tell the level of tax theft or extortion going on against them by federal government

Abajo. Multichoice wan use calls and email wound pesin.... The desperation makes sense now.

After Nigerians slow down payment of Dstv & Gotv subscription pepper no enter like before

Naija Una get level

At last

Sold!


Stubbornness and mismanagement


I hope this buyers won't regret. 3bills no be small money....

GIVE US PAY AS YOU WATCH....

Besides, this is not a generation of television... They better look into mobile like Netflix...