Canal+ CEO Confirms Completion of MultiChoice Integration

MultiChoice is now an official subsidiary of Canal+, a move the CEO says will strengthen the company’s African media presence through international resources.

MultiChoice has officially transitioned into a wholly-owned subsidiary of Canal+, signaling a major shift for the prominent African pay-television provider. David Mignot, who serves as the CEO for both Canal+ Africa and MultiChoice, announced that this merger integrates MultiChoice into an expansive international media network.

According to Mignot, the organization now functions as part of a global entity spanning 70 nations. With roots in France and public listings in London and Johannesburg, the company maintains a substantial influence across 45 African countries. This transaction is designed to bolster MultiChoice’s market standing by leveraging the diverse resources and technical expertise of the Canal+ Group. The move also serves to deepen the group’s long-term investment in the African entertainment sector. Currently, MultiChoice provides news, sports, and entertainment to millions of subscribers throughout sub-Saharan Africa via its DStv and GOtv services.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts