By Benjamin Nii Nai Anyetei
French media giant Canal+ has officially completed its long-awaited $2 billion takeover of MultiChoice Group, cementing its position as Africa’s dominant pay-TV operator and signalling a new chapter in the continent’s media landscape.
The landmark deal, finalised after regulatory approvals, makes Canal+ the largest shareholder of MultiChoice—the parent company of DStv and GOtv—bringing together operations that serve over 40 million subscribers across nearly 70 countries. It is Canal+’s biggest transaction to date and represents a bold step in its ambition to become a leading global entertainment powerhouse.
Assurances to customers
Both companies moved swiftly to calm subscriber concerns about potential disruptions. In a joint statement, they confirmed that DStv and GOtv services remain unchanged. No immediate adjustments will be made to packages, pricing, or access. Customers can continue using their current decoders, apps, and accounts, while billing and customer support channels will also remain the same.
“Will my DStv or GOtv service be affected? No. Services continue as normal,” the companies stressed.
New leadership structure
The merged entity will be led by Maxime Saada, the long-serving Canal+ CEO, alongside MultiChoice CEO Calvo Mawela and executive David Mignot. Saada described the takeover as a defining moment:
“Together, we will bring you more of what you love — African stories, world-class entertainment, and exciting innovations for the future.”
Canal+’s growing global footprint
Headquartered in France, Canal+ already boasts 25 million subscribers worldwide and is known for its premium sports, original films, children’s programming, and international co-productions through its film division, StudioCanal.
The MultiChoice integration enhances Canal+’s reach in Africa, where demand for diverse content, local storytelling, and digital innovation is rapidly expanding.
What it means for Africa
For millions of households, the deal signals continuity in the short term, but also a promise of richer content offerings and greater investment in African stories in the long run. Analysts suggest it positions Canal+ not only as a continental leader but also as a global player capable of competing with major streaming giants.
The merger, described as a “milestone in Africa’s media and entertainment sector,” sets the stage for new opportunities in content production, technology adoption, and job creation across the value chain.
