Articles about Canal

Board changes not enough to fix MultiChoice

The new Canal+ and MultiChoice board will need to deliver on its strategy to make meaningful impact, analysts say.

Board changes at MultiChoice as Canal+ takes full control

David Mignot and Nicolas Dandoy will respectively be CEO and CFO of the Canal+ African operations after Calvo Mawela and Tim Jacobs’ resignations.

MultiChoice starts BEE restructuring ahead of Canal+ deal

The pay-TV giant gets set to restructure to meet the Competition Tribunal’s requirements for the $3 billion Canal+ deal.

Tribunal conditionally approves MultiChoice, Canal+ merger

The competition watchdog has given the green light to the proposed transaction, subject to agreed restructuring conditions.

Canal+, MultiChoice sweeten merger deal with R2bn pledge

The companies will spend an additional R2 billion over three years on local communities if a merger is finalised.

Canal+ merger could be lifeline for under-pressure MultiChoice

Amid declining revenues and subscribers, the deal brings scale, tech synergies and long-term sustainability, says CFO Tim Jacobs.

MultiChoice, Canal+ merger deal passes CompCom hurdle

The proposed transaction is unlikely to substantially lessen or prevent competition in any market, says the Competition Commission.

MultiChoice to restructure after Canal+ takeover deal

The companies conclude discussions regarding the intended post-transaction structure of MultiChoice.

MultiChoice SA CEO Marc Jury resigns

Group CEO Calvo Mawelo tells staff that Marc Jury will leave the group on 31 March 2025, to pursue opportunities in the sport business.

MultiChoice engages ICASA on R30bn Canal+ takeover

The firm ensures the telecoms regulator is kept abreast of the progress of the multibillion-rand transaction.

MultiChoice loses 800K subscribers amid rapid profit decline

The pay-TV operator faces “the most challenging operating conditions in almost 40 years to generate desired returns”.

Regulators to hear Canal+’s R30bn offer for MultiChoice

The firms make a joint merger control filing for the Canal+ offer to the Competition Commission, as required by the Competition Act.