Canal+ slashing costs at MultiChoice amid customer exodus

[Luis]

Canal+ slashing costs at MultiChoice amid customer exodus

French media conglomerate Groupe Canal+ has been aggressively cutting costs at MultiChoice while attempting to halt an exodus of DStv subscribers.

Canal+ confirmed earlier in May that it would complete a secondary inward listing of its shares on the Johannesburg Stock Exchange (JSE) on Wednesday, 3 June 2026.

 

[akescpt]

one gets the impression that they didnt do enough homework on this deal...

 

[Lupus]

one gets the impression that they didnt do enough homework on this deal...

Or like good second hand car salesmen... They were sold a lemon dressed as a Ferarri

 

[Neuk_]

one gets the impression that they didnt do enough homework on this deal...

I lean toward this, many people who have not lived in SA, do not fully comprehend the lengths to which South Africans will go to 'stick it to the man', including completely illegal lengths. This is Africa after all...

 

[WollieVerstege]

The French should just do what they do best, and surrender

 

[Lupus]

The French should just do what they do best, and surrender

You know the Simpsons isn't where to get your history lessons from

 

[Lupus]

I lean toward this, many people who have not lived in SA, do not fully comprehend the lengths to which South Africans will go to 'stick it to the man', including completely illegal lengths. This is Africa after all...

Oh they didn't realise what it was like dealing with Africa, from an African company. I mean they probably still haven't realised the BEE stuff.

 

[notayoba]

Dark clouds gather for Ox wagon manufacturer as newfangled automobiles gain traction in the market. So far the suggested solution of making the product as bad as possible hasn't yielded the hoped for results.

 

[Smiggles]

Only way to halt the exodus is to drop prices but no they jack Showmax 800% by killing it. Lol good luck with that.

 

[mr_norris]

Something is UNDER SEIGE here, I just don't know what it is

 

[warwickw]

Forget the surgery the patient is dead.

Give us what we have been asking for 20 years, let us choose our channels we want.

 

[wingnut771]

and bring the 4 streams back.

 

[netstrider]

To be somewhat fair to DSTV, when it launched in 1995 it was ~R3.70 to the dollar. Buying broadcast rights was not nearly as bad as it is now.

 

[wingnut771]

To be somewhat fair to DSTV, when it launched in 1995 it was ~R3.70 to the dollar. Buying broadcast rights was not nearly as bad as it is now.

To be fair, we had 20 million (officially) less people and cheapest leccy in the world too.

 

[Nerfherder]

one gets the impression that they didnt do enough homework on this deal...

I'm shocked actually.

A part of me was expecting that they did have some sort of surprise up their sleeve but now its obvious that they had no idea.

They fought hard for this deal so its all on them.

 

[wingnut771]

 

[cavedog]

Anything but reduce the price per month which would attract more customers, and you generate more revenue on ads. Anything but that....

 

[Nerfherder]

Or like good second hand car salesmen... They were sold a lemon dressed as a Ferarri

It was a Ferrari at one stage but they didn't realize the problems under the hood and the fuel price.

 

[Nerfherder]

Anything but reduce the price per month which would attract more customers, and you generate more revenue on ads. Anything but that....

Perhaps the next owner will try that.

 

[RedViking]

This has never been about South Africa. This is about the rest of Africa. The rest just there to make it look like they care while they closing it down. Don't want something to burn.