Multichoice
Canal+ Buys DStv, GOtv in $3bn Deal
French media conglomerate Canal+ has officially secured full ownership of MultiChoice Group, the South African pay-TV giant, in a landmark $3 billion (55 billion rand) deal that is set to reshape Africa’s media and entertainment landscape. This acquisition gives Canal+ full control over popular pay-TV services DStv and GOtv, which dominate the African subscription television […]
Subscription Hike: Reps Tell Service Providers to Suspend Planned Increase
The House of Representatives has directed Multichoice, the operator of DStv and GOtv, to suspend its planned subscription rate increase, citing the prevailing economic hardship in the country. This directive follows a motion moved by Esosa Iyawe, an All Progressives Congress lawmaker from Edo State, during plenary on Tuesday. Multichoice had recently announced a price […]