Canal+ is now in effective control over MultiChoice and will start the integration process

[mylesillidge]

New CEO for MultiChoice Group

Canal+ and MultiChoice Group have announced that the mandatory takeover offer has become unconditional, with all necessary regulatory conditions complete.

The French media conglomerate is now in effective control of MultiChoice and will start the integration process.

 

[Brian_G]

Let the games begin...

 

[Brian_G]

“The acquisition of MCG by Canal+ marks the largest transaction ever undertaken by Canal+, cementing the combined Group’s position as a global media and entertainment company,” the companies said.

The combined Group will serve more than 40 million subscribers across close to 70 countries in Africa, Europe and Asia, supported by a workforce of approximately 17,000 employees.

In South Africa, Canal+ and the company have committed to a robust package of public interest measures.

The integration of MultiChoice and Canal+ will now begin. Canal+ said it would provide a strategic update about its detailed plans during the first quarter of 2026.

“For MultiChoice customers, all subscription and billing arrangements will remain the same,” the companies assured.

 

[Nerfherder]

Seperate Sports package, LETS GO !

 

[Lupus]

Seperate Sports package, LETS GO !

600 a month for sports let's go

 

[Nerfherder]

600 a month for sports let's go

Lets try for R500....

I hope they figure something out because we need an improvement.

 

[Brian_G]

600 a month for sports let's go

Not if it's some sport choices. Main differentiation would unfortunately need to be either rugby or cricket :-/

 

[Brian_G]

@rpm , told you so

 

[Lupus]

Not if it's some sport choices. Main differentiation would unfortunately need to be either rugby or cricket :-/

Ok 300 for soccer and some sundries, 500 for cricket cause the viewers are more snooty and of course 600 for rugby, or you pay 600 for all of them

 

[Lupus]

Lets try for R500....

I hope they figure something out because we need an improvement.

Possibly

 

[BBSA]

Lets try for R500....

I hope they figure something out because we need an improvement.

They will have to figure something out, or they will lose more and more paying customers to piracy.

 

[The Gilded]

Very good news! Finally competence should be restored at MultiChoice after a decade of disaster. I wonder what they paid Calvo to get him to walk away.

 

[Brian_G]

Very good news! Finally competence should be restored at MultiChoice after a decade of disaster. I wonder what they paid Calvo to get him to walk away.

He's still there in a senior position

 

[Lupus]

He's still there in a senior position

Not the ceo at least

 

[The Gilded]

He's still there in a senior position

He's probably only a powerless figurehead now to satisfy the BEE shareholders.

 

[Brian_G]

He's probably only a powerless figurehead now to satisfy the BEE shareholders.

Calvo Mawela, MultiChoice Group’s outgoing CEO, will remain on as chairman of Canal+’s African operations. Timothy Jacobs, the outgoing CFO, will hold a senior position in the combined group’s finance department.

 

[Brian_G]

Dethroning in Africa is a decades-long process :-/

 

[Swa]

Shifting the dead weight.

 

[EmmanuelGoldstein]

 

[Brian_G]

They will have to figure something out, or they will lose more and more paying customers to piracy.

And then you'll subscribe?