Entertainment





















Canal+ acquires stake in Senegal’s Marodi TV while eyeing full ownership of MultiChoice

On the heels of its interest in MultiChoice, Canal+ Group, a French media company, has acquired a stake in Marodi TV, a Senegalese production company, to strengthen its presence in Francophone Africa.

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Canal+ has until April 8 to buy MultiChoice

French media company Canal+ has been given an additional 25 business days to make a mandatory offer to acquire MultiChoice after the South African Takeover Regulation Panel’s order on February 28.

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South African regulator orders Canal+ to bid for remaining shares in Multichoice

The South African Takeover Regulation Panel has directed Canal+ to submit a purchase offer for MultiChoice following the broadcaster’s rejection of the French media’s bid a few weeks ago.

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Paramount+ to launch in Africa following MultiChoice agreement

MultiChoice has signed a licencing agreement with Paramount+, offering the payTV subscribers access to world-class content from CBS, Paramount+ Originals, Showtime, and Paramount Pictures.

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Takeover Regulation Panel frowns on MultiChoice and Canal+’s takeover deal

The Takeover Regulation Panel has expressed displeasure with the ongoing takeover discussions between MultiChoice and Canal+, a French media company.

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MultiChoice declines Canal+’s $1.6 billion offer, citing undervaluation

MultiChoice has rejected Canal+’s proposal to acquire the company at R105 per share, stating that the offer undervalues the company.

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Canal+ offers to acquire MultiChoice despite South African restrictions on foreign ownership

Canal+, a French media company, has announced plans to acquire MultiChoice, a South African payTV provider, despite the country’s regulations prohibiting foreign ownership of local broadcasters.

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Over 13 million new Netflix users joined in Q4 2023, with 5.05m from Africa, the Middle East

Netflix’s 2023 Q4 report reveals that it has added over 13 million new subscribers. The Europe, Middle East, and Africa (EMEA) region contributed 5.05 million subscribers to the additions.

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Amazon Prime to lay off and end African content production amid Showmax dominance

Amazon Prime Video, Africa’s third-largest streaming platform, is reportedly reducing its workforce and local content production in sub-Saharan Africa and North Africa to focus on the European market.

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MultiChoice announces new subscription fees and launch date for New Showmax

MultiChoice has announced new prices and a launch date for its revamped video streaming platform, Showmax 2.0, in Nigeria and South Africa.

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9 platforms to watch AFCON 2023 in Africa and across the globe

Ahead of the 2023 African Cup of Nations, which begins on January 13, 2024, African and international football fans can watch the matches on several payTV and free-to-air channels. Here are the top 9 platforms to watch the competition on.

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Grammy-winning rapper partners with Plateau State government to build a tech hub in Nigeria

Wyclef Jean, a Grammy-winning musician, has partnered with the Plateau State government to build a tech hub in the state. This move will support efforts by players such as Aduna Capital and Nasir El-Rufai to boost tech growth in Northern Nigeria.

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Spotify users can now listen for free in Madagascar, Mali, and DRC due to high data costs

Spotify and Orange have partnered to allow users to listen to the streaming app for free due to high data costs. Currently available in the Democratic Republic of the Congo, Madagascar, and Mali, Spotify plans to launch this in Guinea soon.

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Okada Books will close shop on November 30, 2023

Okada Books, a Nigerian digital publishing and bookselling platform, will close shop on November 30, 2023. This news comes at a time when Nigeria has one of the world’s lowest reading cultures, with a preference for videos over text.

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MultiChoice to launch its revamped Showmax version in February 2024

After dethroning Netflix as the market leader in Africa for streaming content, Showmax will release its revamped version in February 2024.

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MultiChoice pulls the plug on DStv service in Malawi after government bars price hikes

Satellite TV provider, MultiChoice, has pulled the plug on its DStv offering in Malawi. The company will no longer accept new DStv subscriptions or reconnections in Malawi starting Wednesday, August 9, 2023.

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South Africa got 71% of Netflix’s $175m investment in sub-Saharan Africa between 2016 and 2022

South Africa got $125 million of the $175 million Netflix has invested in sub-Saharan Africa since 2016. Nigeria got $23 million, while figures for Kenya were not revealed.

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Why local content is not yet the key to increasing subscriber numbers on movie streaming platforms in Nigeria

The relationship between Nigerian filmmakers and movie streaming platforms has continued to grow stronger in the last few years. But how does it help these video-on-demand platforms.

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Disney+’s Iwájú to premiere in 2023; will we see a Nigerian launch soon?

Disney+ had earlier hinted at this collaboration in 2020 with an initial release date of 2022. The company still hasn’t revealed a launch date in Nigeria.

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Amazon Prime Video Naija vs Netflix Naija: Who wins Nigeria’s streaming wars?

Amazon Prime launched in Nigeria this August, but how will the company get subscribers in the country?

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