French Media Giant Acquires MultiChoice in R55bn Deal, Takes Full Control of DStv
- A French media powerhouse has acquired full ownership of MultiChoice, taking control of DStv and GOtv
- The deal between MultiChoice and the new owners is reportedly worth R55 billion
- Football fans react to the acquisition, concerned about DStv and GOtv's coverage of premium football events
French media giant Canal+ has reportedly acquired full ownership of MultiChoice Group and will take over full control of DStv and GOtv.
The deal is said to be worth $3 billion, approximately R55 billion, and the decision came after months of discussions between both parties.
According to a report, South Africa’s Competition Tribunal authorised the deal, which is expected to be fully completed by October 8, 2025.
Source: Getty Images
Football fans react as Canal+ acquired MultiChoice
Canal+ now owns 55% of the remaining interest it didn't own before, and its strategic plan of expanding into Africa's media space and entertainment market is already looking good.
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MultiChoice is currently the largest pay-TV broadcaster in Africa. It has over 14.5 million users from different countries.
The news about Canal+ taking over MultiChoice became a big topic among netizens, especially football fans who depend on DStv and GOtv for premium football matches across Europe and Africa.
MultiChoice broadcasts the likes of the FIFA Club World Cup, FIFA World Cup tournaments, AFCON, UEFA Champions League, English Premier League, Spanish La Liga, and the Italian Serie A.
Source: Getty Images
Even the famous Betway Premiership, which is recently dominated by eight-time champions Mamelodi Sundowns, is also broadcast live on SuperSport TV, which MultiChoice owns.
Fortune75411 responded:
"Who even needs DSTV and GOTV anymore, The only reason I use them is for watching football but now there are a lot of free football streaming apps I can use conveniently."
DAjimacks said:
"Canal+’s $3 billion takeover of MultiChoice puts Africa’s key media platforms like DStv and GOtv under foreign control, raising concerns about cultural sovereignty and local content representation. The lack of government safeguards highlights weak protection of strategic industries, risking European dominance in shaping African media narratives and limiting homegrown creative and economic opportunities."
henro006 wrote:
"Wow, I wonder how this would affect the DSTV/GOTV users in Nigeria. I hope it is for the better."
TVNDEY commented:
"The largest Multimedia company in Africa being handed over to a French company doesn’t sound so good. If they don’t finish us through price of services, they will by serving propagandas like Nsiewu."
El_Nazor shared:
"Well, MiltiChoice had to cut their loses and move on. They’ve been loosing subscribers in millions."
Tyson_Lyon_ added:
"Interesting move. But how exactly does this $3B deal help the average Nigerian paying for DStv every month? Better content? Cheaper prices? Or just another corporate flex?🤔🤔"
Whitney Hanson reacted:
"So now that Multichoice has been sold to a French media giant Canal+ for a whopping $3 billion deal, it gains full control of DStv GOtv, what does this imply now? Would they upgrade what they're showing us on DStv because for some years now they're losing relevance & subscribers."
PSL side gift coach, technical team cars worth R943k
Briefly News earlier reported that a Premier Soccer League club have surprised their head coach and technical team with luxury vehicles worth R943k ahead of the 2025-26 Betway Premiership season.
The car is from one of the clubs new partners ahead of the forthcoming campaign.
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Source: Briefly News
