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March 12, 2026
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    Canal+

    Canal+ shuts down loss-making Showmax Streaming Platform

    Paul MurungiMedia & CommunicationThe Big StoryMarch 5, 2026March 5, 2026

    French media giant Canal+ has decided to shut down Showmax, the streaming platform developed by MultiChoice, after years of mounting losses that underscored the difficulty of building a profitable subscription…

    Canal+ Tightens Grip on SuperSport as Sports Rights Decisions Shift from South Africa to Paris

    Paul MurungiBusiness & MarketsThe Big StoryFebruary 20, 2026February 20, 2026

    French media conglomerate Canal+ has moved to consolidate control over SuperSport’s sports rights acquisitions, transferring decision-making authority from South Africa to its headquarters in Paris.  The development follows Canal+’s 3…

    David Mignot appointed new CEO, Nicolas Dandoy CFO and Calvo Chair of Canal+ Africa

    Paul MurungiGlobal NewsThe Big StorySeptember 24, 2025September 24, 2025

    The completion of Canal+’s takeover of MultiChoice Group has ushered in one of the most dramatic leadership transitions Africa’s broadcasting industry has seen in decades. At the centre of this…

    End of an Era: CANAL+ Takes Effective Control of MultiChoice, Creating a Media Giant for 70 Countries

    Muhereza KyamuteteraCompany NewsNews & AnalysisSeptember 23, 2025October 10, 2025

    22 September 2025 marked a historic moment for Africa’s broadcasting industry. French entertainment giant CANAL+ announced that its mandatory takeover offer for the shares of MultiChoice Group it did not…

    Vincent Bolloré’s acquisition of MultiChoice Group, which owns DStv, GOtv, Showmax, and SuperSport, among others, is a strategic move that aligns with his control over media platforms across Africa.

    Who Is Vincent Bolloré? The French Billionaire Behind MultiChoice Takeover

    CEO East Africa MagazineThe Big StorySeptember 9, 2025September 16, 2025

    Vincent Bolloré, born in 1952 in Boulogne-Billancourt, France, inherited and transformed his family’s modest paper-manufacturing business into a sprawling, multinational conglomerate.  Under his leadership, Bolloré Group expanded into diverse sectors,…

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