MultiChoice sold
MultiChoice has officially been sold to French media giant Canal+ in a $3 billion deal. Learn what the takeover means, and future plans for Showmax and African content.
French media giant Canal+ has officially completed its acquisition of MultiChoice Group in a landmark transaction valued at approximately $3 billion (R55 billion) about KSh 438.4 billion.
The deal marks the successful conclusion of a multi-year takeover process that has made MultiChoice, the parent company of DStv, GOtv, Showmax, and SuperSport, a wholly owned subsidiary of Canal+.
The acquisition is one of the largest media transactions in Africa in recent years. It positions the combined business to expand its presence across the continent while strengthening investment in local entertainment, sports broadcasting, and streaming services.
For many consumers asking has MultiChoice been sold, the answer is now yes. Following the completion of all regulatory approvals and equity transitions, Canal+ has officially assumed full ownership of MultiChoice.
Canal+ Completes MultiChoice Acquisition
The Canal+ MultiChoice transaction follows years of strategic investment by the French broadcaster.
Canal+ had gradually increased its shareholding in MultiChoice before launching a mandatory offer of R125 per share to public investors.
The company had already acquired about 45 percent of MultiChoice before finalizing the buyout.
With the transaction complete, MultiChoice joins Canal+, an international media company operating in more than 70 countries.
Canal+ is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, giving the combined group a stronger international footprint.
The integration creates new opportunities for collaboration across television, streaming, sports, and film production while maintaining MultiChoice’s established brands throughout Africa.
Who Owns MultiChoice Now?
Many people have been asking who bought MultiChoice, who is the current owner of MultiChoice, and who is the new owner of DStv.
The answer is straightforward. Canal+ is now the owner of MultiChoice Group. Since DStv, GOtv, Showmax, SuperSport, and M-Net operate under MultiChoice, these platforms are now part of the Canal+ Group.
This means anyone wondering has DStv been sold can now confirm that its parent company is officially owned by Canal+.
What the MultiChoice Sale Means for DStv and GOtv Subscribers
The ownership change does not immediately alter how customers access DStv, GOtv, or Showmax services. Subscribers will continue using their existing packages, customer support channels, and payment systems.
Instead, the acquisition focuses on long-term growth and content development. Canal+ has outlined plans to strengthen Showmax, improve streaming capabilities, and expand investment in African storytelling.
The company also intends to increase the production of local television shows, films, documentaries, and sports programming.
These investments are expected to provide more opportunities for African creators while delivering diverse entertainment to viewers.
Why the Canal+ MultiChoice Deal Matters
The MultiChoice sold to Canal+ transaction reflects the growing importance of African media within the global entertainment industry.
By combining Canal+’s international experience with MultiChoice’s strong African presence, the new group aims to compete more effectively in the evolving streaming and broadcasting market.
The acquisition also supports greater collaboration across Europe, Africa, and Asia. This could help accelerate technology innovation, expand premium content offerings, and create new partnerships across the entertainment sector.
A New Chapter for MultiChoice
The completion of the Canal+ acquires MultiChoice deal represents a significant milestone for one of Africa’s largest entertainment companies.
The transaction provides MultiChoice with additional financial strength, international expertise, and broader market access.
While ownership has changed, the company’s commitment to African audiences remains central to its strategy. With continued investment in DStv, GOtv, Showmax, and local productions, MultiChoice enters a new phase focused on innovation, sustainable growth, and delivering high-quality entertainment across the continent.
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