Entertainment

EXCLUSIVE

MultiChoice and Canal+ agree on buyout deal

MultiChoice building

EXCLUSIVE

MultiChoice to retain Patel as Chairman until the Canal+ deal closes

Imtiaz Patel, MultiChoice Chair

EXCLUSIVE

Telkom customers to get up to 12 months of promotional offers for Amazon video services

Amazon Prime Video

EXCLUSIVE

South Africa’s richest black man to join Canal+ in MultiChoice bid as buy offer deadline nears

MultiChoice building

EXCLUSIVE

Netflix subscribers in Nigeria to pay more from April 1, 2024

Netflix

EXCLUSIVE

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

Canal+

EXCLUSIVE

Canal+ has until April 8 to buy MultiChoice

MultiChoice's building

EXCLUSIVE

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

MultiChoice's building

EXCLUSIVE

Paramount+ to launch in Africa following MultiChoice agreement

MultiChoice's building

EXCLUSIVE

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

fintech compliance

EXCLUSIVE

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

MultiChoice's building

EXCLUSIVE

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

MultiChoice's building

EXCLUSIVE

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

Netflix

EXCLUSIVE

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

Amazon Prime Video

EXCLUSIVE

MultiChoice announces new subscription fees and launch date for New Showmax

showmax

EXCLUSIVE

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

three black men on their phones passively watching football on TV

EXCLUSIVE

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

A music studio

EXCLUSIVE

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

Spotify

EXCLUSIVE

Okada Books will close shop on November 30, 2023

Okada Books

EXCLUSIVE

MultiChoice to launch its revamped Showmax version in February 2024

showmax




















MultiChoice and Canal+ agree on buyout deal

MultiChoice has notified its shareholders that it has signed a “cooperation agreement” with Canal+ to facilitate a mandatory offer the French company must make to them.

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MultiChoice to retain Patel as Chairman until the Canal+ deal closes

MultiChoice has reversed its initial announcement, stating that Imtiaz Patel will not resign as Chairman until the Canal+ buyout is completed.

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Telkom customers to get up to 12 months of promotional offers for Amazon video services

Telkom, a South African telco, offers its customers a 12-month promotional offer for Amazon Prime Video and Prime Video Edition, valid until March 2025.

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South Africa’s richest black man to join Canal+ in MultiChoice bid as buy offer deadline nears

Patrice Motsepe, a South African billionaire, is reportedly in talks with Canal+ about joining its bid for MultiChoice. This news comes as Canal+’s deadline of April 8 to make a formal buy offer approaches.

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Netflix subscribers in Nigeria to pay more from April 1, 2024

Starting April 1, 2024, Netflix’s new pricing review update will see Nigerian subscribers pay more for Standard Plan, Premium Plan, and Mobile Plan. However, the Basic Plan remains at ₦2,900.

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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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