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Tag: MultiChoice

MultiChoice denies DStv, GOtv subscription prices claims
Business

Canal+ shuts down Showmax amid heavy annual losses

Canal+ has taken a bold first step as the new owner of MultiChoice, shutting down the loss-making streaming service Showmax. The move comes after a “comprehensive” review of Showmax, known for premium original series like Spinners, Catch Me a Killer, and Khaki Fever, which revealed the platform was generating significant annual losses. Canal+ acquired MultiChoice, […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

MultiChoice to continue offering 12 WBD channels across Africa

MultiChoice, a CANAL+ subsidiary, has secured continued rights to distribute 12 Warner Bros. Discovery thematic channels under a new multi-year, multi-territory deal between CANAL+ Group and Warner Bros. Discovery. In a statement on Friday, MultiChoice said the agreement covers several markets across Africa and Europe and also includes the distribution of HBO Max, alongside the […]

Business

MultiChoice leads anti-piracy march against online content theft

MultiChoice Nigeria, the operator of DStv, led a coalition of creatives in an anti-piracy march through Lagos on Thursday. The event aimed to raise awareness about the growing threat of online content theft to Nigeria’s entertainment industry. Participants, including actors, filmmakers, and musicians, marched from Ikeja City Mall, distributing flyers and displaying “Say No to […]

News

MultiChoice enters gaming market amid struggles to retain viewers

South African pay-TV giant MultiChoice has launched its first mobile game, Shaka iLembe: Match Challenge, in a surprising pivot into gaming aimed at reviving user engagement and loyalty. The new title is based on the company’s popular South African TV series Shaka iLembe, and is now available through the MyDStv app in South Africa. The […]

Canal+ edges closer to MultiChoice takeover as regulators back R55bn deal
News

Canal+ edges closer to MultiChoice takeover as regulators back R55bn deal

French media giant Canal+ has moved a step closer to acquiring South African pay-TV heavyweight MultiChoice after South Africa’s Competition Commission recommended approval of the R55 billion (approximately $2.9 billion) merger, albeit with a series of stringent conditions aimed at protecting the public interest. In a statement released this week, the Commission said it would […]

MultiChoice denies DStv, GOtv subscription prices claims
News

Court bars FCCPC from stopping MultiChoice’s subscription price hike

The Federal High Court in Abuja issued an order on Wednesday, restraining the Federal Competition and Consumer Protection Commission from taking any administrative actions against MultiChoice Nigeria Limited concerning the recent price increases for its DStv and GOtv services. In an ex parte motion filed by MultiChoice’s Senior Advocate of Nigeria, Moyosore J. Onigbanjo, the […]

MultiChoice denies DStv, GOtv subscription prices claims
News

Abuja court quashes NBC’s 2.5% gross income demand for MultiChoice

The Federal High Court in Abuja has invalidated Section 2(10)(b) of the National Broadcasting Code, 6th Edition, which mandated broadcasters to pay 2.5% of their gross annual income as an Annual Operating Levy. This ruling came after a suit by MultiChoice Nigeria Ltd and Details Nigeria Ltd (GO TV) against the National Broadcasting Commission. Justice […]

MultiChoice denies DStv, GOtv subscription prices claims
News

Tribunal grants withdrawal of MultiChoice Nigeria subscription price hike case

The Competition and Consumer Protection Tribunal has granted the withdrawal of a case challenging a subscription price increase by MultiChoice Nigeria. The decision was made on Monday by a three-member panel led by Thomas Okosu, following an oral application from Barrister Festus Onifade to withdraw his case against the Pay TV provider. Earlier, the tribunal […]

News

Multichoice withdraws $184m from Nigeria in one year

Multichoice Group, a pay-TV operator, has reported that it repatriated $184 million (about N192.09 billion) from Nigeria during the fiscal year ending March 2024. This was disclosed by Multichoice in its consolidated financial statements released on Wednesday for the period under review, according to The Punch The financial report shows that the amount remitted was […]

News

MultiChoice Nigeria’s subscriber revenue drops 30% amid price hikes

MultiChoice Group, the parent company of MultiChoice Nigeria, reported a 30.77 percent decline in subscriber revenue from Nigeria for the fiscal year ending March 2024. Despite two price hikes, revenue fell to $341.72 million (6.3 billion rands at 18.44 rands to the dollar), down from $493.59 million (9.1 billion rands) the previous year. The firm […]

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