France’s Canal+ now owns nearly a third of MultiChoice
The investment has resulted in a partnership and distribution alliance between the two companies
12 February 2023 - 17:03
French broadcast group Canal+ has upped its investment in MultiChoice to almost a third, further signalling and cementing the value that it sees in the DStv operator.
The French group has been building its investment in Africa’s largest pay TV operator for two and a half years. The investment has resulted in a partnership and distribution alliance between the two companies. Canal+ has been able to grow its footprint in Africa, while MultiChoice has had room to push its own growth outside Africa...
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