{"id":3212,"date":"2025-05-23T04:51:33","date_gmt":"2025-05-23T07:51:33","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=3212"},"modified":"2026-04-19T16:49:00","modified_gmt":"2026-04-19T19:49:00","slug":"canal-clears-crucial-hurdle-in-bid-to-take-over-multichoice","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/canal-clears-crucial-hurdle-in-bid-to-take-over-multichoice","title":{"rendered":"Canal+ clears crucial hurdle in bid to take over MultiChoice"},"content":{"rendered":"\n
Regulators give conditional approval to Canal+ for its acquisition of MultiChoice.<\/p>\n\n\n\n\n\n\n\n
South Africa.- In a crucial development that could shape Africa\u2019s future broadcasting landscape, French media giant Canal+<\/strong> has secured conditional approval from the South Africa\u2019s Competition Commission<\/strong> for its takeover of the MultiChoice Group Limited<\/strong>.<\/p>\n\n\n\n MultiChoice operates DStv, a major satellite television service in Sub-Saharan Africa.<\/p>\n\n\n\n This long-anticipated deal, which now awaits final clearance from the Competition Tribunal<\/strong>, marks a strategic leap for Canal+ as it strengthens its grip on emerging markets across the continent.<\/p>\n\n\n\n The regulator concluded that \u201cthe proposed transaction is unlikely to significantly reduce or prevent competition in any relevant market.\u201d<\/p>\n\n\n\n That endorsement removes a key regulatory barrier in Canal+\u2019s quest to expand its African footprint.<\/p>\n\n\n\n Canal+ already owns more than 41 per cent of MultiChoice and is pushing for full control of the Johannesburg-based broadcaster, which boasts a subscriber base of 19.3 million as of March 2025.<\/p>\n\n\n\n Although MultiChoice has shed around four million subscribers over the past two years, it remains a media titan in English and Portuguese-speaking markets across Africa<\/strong>.<\/p>\n\n\n\n \u201cThis is a major step forward in our ambition to create a global media and entertainment company with Africa at its heart,\u201d said Canal+ CEO Maxime Saada<\/strong> in a joint statement with MultiChoice.<\/p>\n\n\n\n The timing is pivotal. While facing regulatory challenges at home, including the suspension of its C8 channel <\/strong>in France, Canal+ is betting big on international growth. The MultiChoice deal is part of a wider pivot to diversify and scale operations in fast-growing regions.<\/p>\n\n\n\n Canal+ ended 2024 with around 9.7 million subscribers in Africa and Asia. The merger is expected to drive economies of scale, boost content distribution, and enhance market integration across multiple territories.<\/p>\n\n\n\n The proposed acquisition underscores a critical evolution in global media: a shift from traditional Western strongholds to vibrant, untapped markets with expanding digital appetites.<\/p>\n\n\n\n With the Competition Tribunal <\/strong>now holding the final word, all eyes are on the next chapter of this cross-continental media merger.<\/p>\n\r\n\t\tA continental power play<\/h2>\n\n\n\n