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Canal+ on MultiChoice costs crackdown
MultiChoice's new owner, Groupe Canal+, has reportedly suspended payments to the broadcaster's suppliers and demanded 20% discounts on invoices as part of a cost-cutting exercise.
According to an insider at the broadcaster who spoke to Business Times, MultiChoice's procurement head is currently sitting with hundreds of unpaid invoices from suppliers affected by the strategy.
MultiChoice's new owner, Groupe Canal+, has reportedly suspended payments to the broadcaster's suppliers and demanded 20% discounts on invoices as part of a cost-cutting exercise.
According to an insider at the broadcaster who spoke to Business Times, MultiChoice's procurement head is currently sitting with hundreds of unpaid invoices from suppliers affected by the strategy.

