MultiChoice officially becomes a full Canal+ subsidiary, marking the completion of the takeover and its integration into the group.

MultiChoice has formally become a full subsidiary of Canal+, marking a new phase in the evolution of one of Africa’s leading pay television operators, according to Chief Executive Officer of Canal+ Africa and MultiChoice, David Mignot.

In a statement issued on Thursday by the company, Mignot said the integration would position MultiChoice within a global media organisation with an extensive international footprint.

Mignot said, “MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries.

“The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries.”

The statement underscored the scale of the combined business, highlighting Canal+’s global reach alongside its significant investments across Africa.

The completion of the transaction is expected to strengthen MultiChoice’s position in the African media and entertainment market by giving it access to the broader resources, expertise, and international capabilities of the Canal+ Group, while reinforcing the group’s commitment to the continent.

MultiChoice operates across sub-Saharan Africa through platforms, including DStv, GOtv, and Showmax, serving millions of subscribers with entertainment, sports, and news content. (Arise News)