Development Alert: AYV's Entertainment Channel To Rollout On DStv Platforms In Nigeria, Might Launch In More African Countries

Africa Young Voices (AYV) Media Empire, under the leadership of CEO Anthony Jr. Navo, has announced the launch of its DSTv Channel 399 in Nigeria. Scheduled for May 6th, 2024, the live opening on DSTv Channel 399 marks a pivotal moment for both AYV and the broadcasting landscape in Nigeria.

AYV Media Empire first made waves in Sierra Leone with its official partnership with DSTv Africa, debuting on Channel 399 on September 17th, 2021. Since then, the institution has been a beacon of innovation and quality programming, captivating audiences across Sierra Leone and beyond.

With its expansion into Nigeria, AYV continues to solidify its position as a leading media entity in Africa. The move not only underscores the empire’s commitment to reaching wider audiences but also reflects its ambition to foster meaningful connections with viewers in diverse cultural contexts.

CEO Anthony Jr. Navo, alongside the management team, views this expansion as more than just a business endeavor. It’s a testament to AYV’s dedication to empowering young people and nurturing talent across the continent. Navo passionately advocates for investment in youth empowerment, emphasizing the transformative impact it can have on societies.

AYV Media Empire’s presence now extends to thirty countries across Africa, with plans to reach twenty-four more in the near future. This rapid expansion demonstrates the empire’s ambition to become a household name, delivering quality content that resonates with audiences of all backgrounds.

As Ambassador Anthony Navo Jr. articulates, the journey doesn’t end with broadcasting; it’s about making a tangible difference in communities and inspiring positive change. By investing in young people and promoting talent, AYV aims to not only create job opportunities but also foster a culture of innovation and creativity that propels Africa forward.

With the launch of DSTv Channel 399 in Nigeria, AYV Media Empire embarks on a new chapter of growth and influence, poised to leave an indelible mark on the media landscape across the continent

"Beating A Dead...": Why SpongeBob SquarePants Graveyard Channel Still Serves A Purpose In Africa?

Nicktoons is an international brand operated by Paramount Global and also serves as a sister station to both Nickelodeon and Nick Jr. It was basically a nickname given for the latter's animated productions as the linear channel exists to air archived material.

The channel launched in Africa by September 2014 after NBCUniversal and Corus Entertainment had shuttered KidsCo. It served as the most popular international adaptation of the channel airing animated shows from the 90s to early 00s.

But in recent years this had all changed as the channel was often functioning on autopilot as SpongeBob SquarePants and The Casagrandes takeover the channel. The magic had just vanished as the brand follows a similar pursuit as other international feeds.

As some readers are aware, similar to MTV both Nickelodeon and Nick Jr. are being streamlined at this point using a more unified feed in other countries. This has prevented/minimized the number of local variations to hit consumer's screens.

There are still a few of these feeds available some due to local quotas which expand further to include children's channels.

In Africa, these local investments had been splashed onto Paramount’s remaining set of channels. For instance, MTV Base it has been seen airing MTV's Shuga despite being positioned as a music channel while others like Have Faith air on BET.

Nicktoons was also a result of these endeavors as it currently offers the Nick Jr. block which would often air content that hasn't been seen on the Nick Jr. channel like Munki And Trunk. Same goes with local dubbings of animated shows and NickMusic.

South Africa’s Takeover Regulation Panel (TRP) Has Granted MultiChoice And Canal+ An Extension To The Period They Have To Finalise An Agreement To Be Put To Shareholders

On April 8, the French pay TV operator and the South African service provider agreed to post a ‘combined circular’ to shareholders by May 7, some 20 business days later. This would have marked the point at which Canal+’s offer was open to shareholders to accept.

The pair have now secured an extension until June 4.

MultiChoice said the extension was necessary to give its independent expert and the independent board enough set up to examine the deal  time to properly fulfil their responsibilities.

Canal+ and MultiChoice agreed the terms of the French pay TV operator’s proposed mandatory offer to acquire 100% control of the South African company on April 8, with MultiChoice shareholders to receive ZAR125 per ordinary share.

The price was well above the ZAR105 regulatory minimum threshold and represents a 67% premium on MultiChoice shares’ closing price on February 1. When Canal+ made its initial offer for the company.

MultiChoice set up an independent board to consider the offer and appointed Standard Bank of South Africa to advise it.

If Canal+ succeeds in securing 90% of MultiChoice shares during the offer period, it then has the right to acquire any remaining shares and delist MultiChoice.

Since the outline agreement, Canal+ has acquired further shares in MultiChoice, taking its stake to above 40%.

Canal+ Owner Vivendi Is Still Exploring A Stock Split, Publishes First Quarter Revenue

Canal+ owner Vivendi is still exploring a stock split, as it today posted first quarter revenues up significantly.

France-based Vivendi posted Q1 revenues of €4.28B (R86 billion), up 5.4% on 2023’s numbers when using constant currencies and and the businesses the firm owns today. No earnings were revealed in the unaudited numbers.

Within those numbers, Canal+ saw revenues grow 4.3% year-on-year to €1.5B (R30 billion, +3.5% at constant currency and perimeter). International revenues were up 5.8% thanks to subscriber growth, particularly in Africa, where Canal+ has been buying up shares in MultiChoice and looks set to take over the South African giant. Mainland France TV operations revenue was up over 5%.

However, Studiocanal saw revenues decline compared with 2023, when the likes of Alibi.com 2 and John Wick 2 had significant domestic and international launches.

Other notable performances saw social video platform Dailymotion increase revenues by 24.8%, with the ‘New Initiatives’ division it is housed in posting €42M in revenues overall.

This financials come amid a period of corporate soul-searching at Vivendi, and following the takeover of publisher Lagadère in November last year.

The Paris-based company believes its stock price has been “substantially” reduced due to the consolidated nature of its media operations following the listing of Universal Music Group and wants to split its business.

Having already outlined a plan to explore dividing pay-TV and content giant Canal+, ad firm Havas and publisher Lagadère, Vivendi said a feasibility study into a stock split had been going since December 2023. The company says all three units are individually performing well — with each posting year-on-year revenue growth today — and have been hindered in their ability to invest by the “high conglomerate discount” on its shares.

The current plan is for Canal+, Havas and a publishing and distribution division would all list as independent entities on the stock market. Vivendi would also remain publicly listed “maintaining its role of supporting the transformation and expansion of its subsidiaries and continuing to actively manage its investments.”

Should the Vivendi board approve the split, employee representatives at each new entity would be engaged before necessary regulatory, bonder holder and other lender approvals is sought. A final vote would then take place at the AGM in April 2025 to ratify the moves.

Yannick Bolloré, Chairman of Vivendi’s Supervisory Board, and Arnaud de Puyfontaine, Chairman of Vivendi’s Management Board, said in a statement: “Today we are publishing a particularly sharp increase in revenues for a first quarter. This reflects the strength of our three core businesses and the Group’s ability to transform and grow.

“The organic growth of 5.4% compared to the first quarter of 2023 was notably driven by the significant contribution of Lagardère, validating the relevance of the transaction with this group last November and our confidence in the potential of its activities. Canal+ Group and Havas also delivered solid performances, with increases in reported revenues of 4.3% and 6.2%, respectively, over the same period.”

Canal+ Increases Stake In MultiChoice To Almost 42%

French media group Canal+ today announced it has acquired additional shares In MultiChoice, the operator of Africa’s biggest pay-TV – DStv.

Following a significant increase in its ownership stake, Canal+ has triggered a mandatory offer to minority shareholders of MultiChoice Group. This action was necessitated after surpassing a predefined threshold established by the JSE.

In accordance with JSE regulations, when an individual or entity acquires at least 35% of a listed company, a mandatory offer must be extended to other shareholders under terms agreed upon with the main exchange.

Canal+ has put forth a mandatory offer to acquire all outstanding shares of MultiChoice Group not already held by the conglomerate. The proposed purchase price stands at R125.00 per share, payable in cash, signaling Canal+’s commitment to further consolidate its position within the media landscape.

Today, Canal+ announced it has increased its shareholding to 41.60% in MultiChoice.

Canal+ has acquired in on/off market transactions, a further 3,374,668 MultiChoice Shares, as follows:

• On Thursday, 18 April 2024, Canal+ acquired 18,633 MultiChoice Shares in on/off market

transactions for an average consideration of ZAR 116.00 per MultiChoice Share

• On Friday, 19 April 2024, Canal+ acquired 101,468 MultiChoice Shares in on/off market transactions for an average consideration of ZAR 115.99 per MultiChoice Share

• On Monday, 22 April 2024, Canal+ acquired 1,618,032 MultiChoice Shares in on/off market

transactions for an average consideration of ZAR 116.42 per MultiChoice Share

• On Tuesday, 23 April 2024, Canal+ acquired 342,678 MultiChoice Shares in on/off market

transactions for an average consideration of ZAR 116.83 per MultiChoice Share

• On Wednesday, 24 April 2024, Canal+ acquired 1,293,857 MultiChoice Shares in on/off market

transactions for an average consideration of ZAR 117.59 per MultiChoice Share

After the aforementioned trades are implemented, Canal+ will hold an aggregate of approximately

41,60% of the MultiChoice Shares in issue.

“Canal+ confirms that these acquisitions have already been disclosed to the Takeover Regulation Panel (TRP) as required under the Companies Act No. 71 of 2008 (Companies Act) and Chapter 5 of the Companies Regulations, 2011 (Takeover Regulations).”

Just weeks after revealing that Imtiaz Patel would remain as chairman to manage a potential deal with Groupe Canal+, MultiChoice Group has now announced Patel’s immediate departure from the position.

This decision arises amidst growing worries about corporate governance within the broadcasting company, currently under a takeover proposal by France’s Canal+.

In an unexpected turn of events, MultiChoice disclosed on April 2nd, after a board meeting ahead of the Easter weekend, that it was retracting an earlier statement regarding Patel’s planned resignation. The board had previously announced that Elias Masilela would assume the chairmanship starting April 1st.

“In view of the recent ruling by the Takeover Regulation Panel that required Canal+ to make an immediate mandatory offer to all MultiChoice shareholders…the MultiChoice board has reached an agreement with Imtiaz Patel to remain on as chair,” the company said at the time.

MultiChoice Has Announced Imtiaz Patel’s Exit As Chairman, Just Weeks After Saying He Would Stay On In The Role

Just weeks after announcing that its chairman, Imtiaz Patel, would stay on to oversee a possible deal with Groupe Canal+, MultiChoice Group on Tuesday announced Patel’s exit from the role with immediate effect.

The move comes amid concerns about corporate governance at the broadcaster, which is the subject of a takeover bid by France’s Canal+.

In a surprise move, MultiChoice said on 2 April — following a board meeting before the Easter weekend — that it had rescinded a previous announcement that Patel would step down, with board member Elias Masilela due to take up the chairmanship from 1 April.

“In view of the recent ruling by the Takeover Regulation Panel that required Canal+ to make an immediate mandatory offer to all MultiChoice shareholders … the MultiChoice board has reached an agreement with Imtiaz Patel to remain on as chair,” the company said at the time.

“The board believes there is significant benefit in continuity at this time, and Mr Patel has agreed to extend his tenure until the conclusion of the Canal+ transaction or such sooner date as may be determined in light of progress on the transaction,” it said then.

Now, just three weeks later, Patel is stepping down – this time apparently for good.

Explaining why Patel is leaving, just three weeks after the board decided he should stay on, MultiChoice told investors that at the time of the announcement on 2 April, discussions were in their final stages on key terms of the proposed transaction with Canal+.

‘Next phase’

“These culminated in MultiChoice and Canal+ entering into a co-operation agreement on 7 April and issuing a firm intention announcement on 8 April, with the material terms of the proposed transaction recorded in these documents,” it said.

“Given these developments, the progress that has been achieved thus far and the fact the independent board has been constituted and will fulfil its obligations under the takeover regulations, the proposed transaction has now shifted to the next phase.

“The board and Mr Patel have therefore agreed that now would be an appropriate time for Mr Masilela, the current deputy chair, to be appointed as chair as planned and for Mr Patel to step down from the board with effect from the date of this announcement.”

Patel will remain as an adviser to the group on a consultancy basis as originally planned, it said. 

Recap To The Decade: Canal+ Afrique Also Offer Pornographic Material With Hustlers TV And Private TV, What Could Await This Lineup Should It Rollout On DStv?

As some readers aware, StarSat once offered a pornographic content on their platforms for consumers in South Africa. This had garnered a lot of media coverage and even led to numerous legal disputes with the channels alienated within the region.

Despite StarTimes playing it safe by having those channel's offering reduced to weeknights and making consumers who opted to bundle the entertainment pay extra. Their attempts had proven to be unsuccessful and led consumers to flee the platform. 

Now Canal+ is seeking to acquire MultiChoice and should these attempts prove favorable. DStv's entertainment would have to be merge/aligned with Canal+'s current offering of course this may prove to be another hurdle.

Similar to StarTimes in select countries, Canal+ offers also offers pornographic material known as MultiMan TV with Hustlers and Private TV. It might form part of MultiChoice's current offering as part of an alignment of content and TV channels.

We're not saying that packages will be axed but seeing as Canal+ already offers English stations those will likely be the first to resurface on DStv. With MultiChoice residing in 22 million households they would give this entertainment further exposure. 

Recap To The Week: Arise News Channel Goes Live In South Africa, 9 Other Southern African Countries On DStv

ARISE News Channel, Africa’s premier broadcaster, has announced its expansion into South Africa and nine other Southern African countries.

The channel is now available on MultiChoice's DStv Channel 416 in South Africa, Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Zambia, and Zimbabwe.

With this expansion, ARISE News Channel is now live in 54 African countries, including Kenya, Tanzania, Rwanda, Uganda, Cameroon, Sudan, Ghana, Senegal, and Cote d’Ivoire, among others.

Celebrating its 11th anniversary on January 31, ARISE News Channel continues to showcase Africa’s diversity in business, politics, technology, commerce, science, sports, show business, and fashion, while projecting the best of Africa and its cultures globally.

Chairman and Editor-in-Chief of ARISE News Channel, Nduka Obaigbena, expressed determination to launch the channel in all countries worldwide, stating, “The move to Southern Africa reaffirms ARISE News Channel’s position as the leading broadcaster in Africa with independence and clear thinking. We are determined to celebrate the best of Africa and tell the African story in the global marketplace.”

He added, “We shall continually showcase the emerging African century where Nigeria and other African countries will be some of the leading economies around the world. This is a marathon and not a dash: we will do for Nigeria and Africa what the CNN, the BBCs, and Aljazeeras have done for their nations and regions. In the emerging African AI- driven new information highway, no one will shape your narrative better than you.”

Development Alert: Canal+ Acquires Additional Shares In MultiChoice

French broadcaster Groupe Canal+ has disclosed that it has bought even more shares in South Africa’s MultiChoice Group in recent days, taking its shareholding closer to the 50% mark.

In a regulatory filing with the JSE on Thursday, Canal+ disclosed that it bought millions more of the JSE-listed MultiChoice’s shares between 12 and 17 April. It acquired 3.65 million shares in that period, and has said it could buy more in the open market as it pursues its plan to acquire control of the parent company of DStv, Showmax and SuperSport.

According to the filing, Canal+ acquired the following shares in recent days:

• Friday, 12 April 2024: About 1.82 million shares in on/off-market transactions for an average consideration of R117.50/share;

• Monday, 15 April 2024: Some 810 000 shares in on/off-market transactions for an average consideration of R115.99/share;

• Tuesday, 16 April 2024: About 1.01 million shares in on/off-market transactions for an average consideration of R115.95/share; and

• Wednesday, 17 April 2024: Some 5 100 shares in on/off-market transactions for an average consideration of R116/share.

Following these share purchases, Canal+ holds 40.83% of the MultiChoice shares in issue.

“Save as may be prohibited under the Companies Act and the takeover regulations, Canal+ may acquire further MultiChoice shares after the date of this announcement while the offer [to MultiChoice shareholders] remains open…,” the French company said.

News of the additional share purchases comes 10 days after the two companies informed investors that they had agreed to work together on a mandatory offer that Canal+ must make to the MultiChoice shareholders. This was after Canal+ triggered a mandatory offer under South African rules by acquiring more than 35% of MultiChoice’s equity earlier this year.

Canal+ plans to offer MultiChoice shareholders R125/share in cash in exchange for their shares

The “cooperation agreement” will see the two broadcasting giants using “reasonable endeavours to cooperate in relation to the offer, including in relation to the fulfilment of the offer conditions and the publication of a combined offer circular”.

Canal+ is offering MultiChoice shareholders R125/share in cash in exchange for their shares.

If the deal hasn’t been consummated by 8 April 2025 – including securing the necessary regulatory approvals, which could still prove to be the biggest stumbling block to a transaction – then it could be terminated. This “long-stop date” can, however, be extended, with the concurrence of South Africa’s Takeover Regulation Panel, a financial regulator that is overseeing the mandatory offer.

Delisting

If the deal goes ahead, MultiChoice could be delisted from the JSE. If Canal+’s offer is accepted by shareholders with at least 90% of eligible MultiChoice shares, then the French firm has reserved the right to delist MultiChoice from the JSE. At the same time, though, Canal+ has said there is an opportunity, potentially, for South African investors to participate in its own proposed listing in Europe.

Could Toonami Relaunch On MultiChoice's DStv And GOtv As Canal+ Seeks Full Ownership Of The Pay-TV Company?

Toonami is an action and adventure driven young oriented channel operated by Warner Bros. Discovery. It is home to DC legends such as Batman, Superman, Justice League and Teen Titans alongside anime such as Dragon Ball and Inazuma Eleven. 

The channel currently resides within StarTimes through a separate agreement alongside Investigation Discovery, TLC and Discovery. Prior to this, MultiChoice added Toonami as a month long pop-up channel.

Although MultiChoice opted out of making it a permanent, Canal+ also offers Toonami alongside Cartoon Network and Cartoonito. Should the acquisition move forward Canal+ will be merging their platforms with that of MultiChoice's DStv and GOtv. 

Toonami could form part of an expansive deal as MultiChoice already offers these brands alongside factual entertainment from Discovery Inc. This merger would be more of DStv folding under Canal+ as opposed to Canal+ folding under DStv. 

This implies that Canal+ will put more focus on their brands and find ways to keep MultiChoice's offering intact. This could see them closing more channels while others like Mzansi Magic and M-Net would be handled by StudioCanal or Canal+ Premium.

Snoozefest Updates: Arise News Rolls Out On DStv In More Countries, A Rebroadcast Of Deur Dik En Dun Take Up Weekday Afternoons On eExtra With Isipho: The Gift On e.tv Every Weeknights

Arise News launches on DStv

Arise News is a London based television network that offers news and current affairs to audiences across the United States, Europe and Africa. It is operated by Arise Broadcasting Ltd., which is owned by Nigerian media mogul Nduka Obaigbena.

As some readers are aware, MultiChoice began tests on the channel a month ago leading to speculation over its possible expansion in more territories. Now it's listed on channel 416 so it's likely to go live by tomorrow from the DStv Access and up.

Deur Dik En Dun on eExtra 

As primetime continues to rise on eExtra following the launches of Die Fakulteit and Sommerdahl Moorde. eExtra continues to hike the flow of repeats on the channel with the addition of Deur Dik En Dun on weekdays at 12:55 from 26 April.

Growing up without her mother and father, Süreyya must fnd her way in life alone. Proud and beautful, she lives modestly with her only relatve, Aunt Senem. Working her way to graduaton at a music conservatory, she becomes a talented musician. But this independent, simple life is set to be turned upside down. The handsome and wealthy Faruk Boran transforms the young singer’s life. Mesmerized by his charm, she fnds herself swept up in a passionate romance and falls desperately in love.

Isipho: The Gift on e.tv

Isipho: The Gift was a 2019 supernatural drama series produced by HerbVision Multimedia and The Ntintili Factory for broadcasters e.tv and VIU. The series was quietly wiped of the rug with a short-lived 206 episodes with e.tv looking to air after Redemption ends.

A young Moses Shezi grew up with the gift of seeing into the future. When his gift leads to the death of his mother, he keeps silent about his gift. Now in his old age, Moses foresees his daughter Ntombi in danger. A series of visions show him four other strangers which he sets out to find in order to change the course of destiny.

It airs weeknights on e.tv from 20 May at 20:30.

The Canal+ Effect: How The French Company Might Arrange MultiChoice Going Forward?

As some readers are aware, Canal+ is looking to finalize a takeover deal with MultiChoice. This sees Mzansi Magic, KykNET and Africa Magic under the management of a French based company Vivendi whose been looking to build their global portfolio. 

There's been many questions as to how Canal+ will align MultiChoice's assets and below is what we believe could be the final outcome:

StudioCanal

As the name implies, StudioCanal is a French based film production and distribution company that currently owns the third largest film library in the world. This is where ROK Studios resided after it was acquired in 2019 with MultiChoice Studios to follow. 

Interesting enough, StudioCanal also offers subsidiaries of the same name within Austria, Germany and the UK. If I had to guess StudioCanal Africa could be on the final piece of this puzzle.

MultiChoice Studios resides within 22 million households while StudioCanal resides within 8 million. Combining this would make it an African powerhouse and probably leading Africa to have its own subsidiary within the French company. 

StudioCanal is also home to the linear ROK channel and will likely be where Mzansi Magic, Africa Magic and KykNET reside.

M7 Group/Canal+ Luxembourg S.à.r.l.

M7 Group is a Luxembourg based and also one of Europe's leading pay-tv operators offering culture and language specific packages in eight countries including Netherlands, Germany, Austria, Belgium, Czech Republic, Slovakia and Hungary. 

As we've seen in recent years, Canal+ has been buying out companies as a means to expand. MultiChoice's DStv and GOtv packages would serve as distant relatives and also another means to get the M7 Group services into Africa.

Metropolitan France/Canal+ Premium

This section is dedicated to their linear offering which consist of self titled brands part of which reside in Africa like Canal+ Discover and Canal+ Sport. Even SPI International brands like FilmBox Africa and even FightBox have a dedicated section in this category. 

In terms of content, M-Net and SuperSport will be handled under this section. They are expected to be remain in operation but as far as branding is concerned that is yet to be determined. 

M-Net had been pivoting toward streaming in recent years by reducing their movie offering even shutting down their secondary network Me. If you look at it, M-Net could get a proper send-off or at least by name ideally it could rebrand to Canal+ Premium/Canal+ First.

Thereafter, M-Net could remain as a trademark for a collection of local channels like Pearl Magic, Africa Magic and Maisha Magic. Never got the sense in having M-Net as a singular brand and also for a collection of locally curated channels.

If the plan was to incorporate the Canal+ trademark on sports ideally Canal+ SuperSport would make a lot of sense. This is something that they could apply temporarily and overtime simplify the name to Canal+ Sport to get viewers accustomed. 

Pending Investigation: The Competition Tribunal Orders MultiChoice To Televise Their Sporting Content To Openview Consumers

The Competition Tribunal has granted interim relief to eMedia in its fight with MultiChoice over the carriage of sublicensed sports from the SABC on its Openview free-to-air satellite platform.

eMedia took MultiChoice, which owns SuperSport, to the Competition Commission last year after the pay-television broadcaster refused to allow the SABC to broadcast rugby and cricket games on its channels it broadcasts via Openview.

According to a statement by the tribunal on Monday, eMedia has accused MultiChoice of “abusing its alleged dominant position by concluding anticompetitive and restrictive sublicensing agreements with the SABC”.

“eMedia alleges that MultiChoice prevents the SABC from broadcasting major sporting events (such as rugby and cricket games – including World Cup tournaments), sublicensed to the SABC, on the SABC’s channels carried on eMedia’s Openview platform.”

eMedia lodged a complaint with the Competition Commission last year and subsequently also sought interim relief from the tribunal to “stop MultiChoice from enforcing the restriction in existing sublicensing agreements or including such restrictions in any new sublicensing agreements until the merits of the case are decided”.

“The tribunal has granted eMedia interim relief pending the final determination of its complaint to the commission, or for a period of six months, whichever occurs first,” it said.

Could M-Net And MultiChoice Look To Close The 1Max Channel On DStv Soon?

Last month, M-Net and MultiChoice had shuttered both 1Magic and Me channels from the DStv platform. As they consolidate further content to boost their streaming endeavors with the pay-tv company that had since then folded selected content on 1Max.

1Max is a Showmax based channel that is home to African originals alongside third party content. The channel kicked off its launch with Red Ink and Tracking Thabo Bester that garnered traction on Showmax alongside international shows like The Good Doctor and Ted.

From what has been established here, this channel was basically added as a replacement to both 1Magic and Me. But that may not be the case as Me was a low tiered brand while 1Max which is just 1Magic with more content is reserved on Compact+.

Why would Compact+ consumers care about 1Max if they have Showmax???

The channel was only unveiled when 1Magic and Me had shuttered with the media that wasn't informed beforehand about 1Max. If this was a channel MultiChoice intended to keep some marketing would have been included or notice days prior. 

Now we need to look at it like this 1Max is an absolute mess content wise. The channel features a chunk of repeats from other M-Net channels, retained 1Magic's music and sitcom block and finally retained Me's presence by 2 hours.

When M-Net City and VUZU merged to form Me although we'd get less adrenaline from the city it did however bundle lot of fiction. 1Max took a dunk on that and made it far worse as variety had been killed and overshadowed by those repeats. 

If 1Max was a channel MultiChoice intended to keep why not inform loyal consumers of Me about the channel or new season of The Good Doctor being broadcast. Another consumers in the rest of Africa are told to enjoy the 1Max experience on Showmax. 

Almost as if they're trying to destroy any chance this channel has of survival and distance consumers from the content. It wouldn't seem far fetched if 1Max was merely being used as a pawn to lure DStv consumers to Showmax and overtime just closed.

1Max is airing Wura which serves as a West African adaptation of The River perhaps the channel will close once it comes to an end similar to how The River was initially meant to close 1Magic before getting extended.

Channel Closure: Pearl Magic Loko Will Stop Airing On DStv And GOtv By 30 April, To Be Replaced By Pearl Magic Reloaded

Not long ago, it was reported that M-Net and MultiChoice would be axing Africa Magic Urban on DStv by the end of April. This comes after Akwaaba Magic Abusua had folded under Akwaaba Magic with Pearl Magic Loko that is set to follow.

Pearl Magic Loko was a Ugandan based entertainment channel operated by M-Net that would offer content in Luganda. Similar to the likes of Zee Zonke, all the content was imported from other countries basically archived material from M-Net.

MultiChoice Uganda in a statement over the launch of Pearl Magic Loko:

“We are living out the business’s mission to be the best African storyteller – it’s not just a slogan for us, it’s a reality we bring to our treasured audiences. Ensuring that stories are told in local languages and allowing for a wider audience to enjoy the country’s favorite shows in their own tongue is key. That’s why the addition of Pearl Magic Loko is so important.”

Now the channel is burned off after a year on air by the end of April. Pearl Magic is planning to offer select content from Pearl Magic Loko under the banner Pearl Magic Reloaded weekdays at 14:00 to 16:00 from 1st May.

Pearl Magic Loko's demise forns part of a bigger conspiracy seen within DStv as several channels had already exited their platforms in under 4 months. This includes 1Magic, Me, People's Weather, B4U Movies, Ginx TV, Emmanuel TV and DW.

Recap To The Month: Akwaaba Magic Extends Its Reach To DStv Access And GOtv Value Customers In ROA, Akwaaba Magic Abusua Set To Close

The roll out of Akwaaba Magic on DStv was the first step in MultiChoice quest to make authentic Ghanaian content accessible across the African continent. Since the channel was launched in 2021, this 24/7 entertainment flagship channel has been exclusive to DStv Compact, Compact Plus and Premium customers. 

Making this announcement, Managing Director of MultiChoice Ghana, Alex Okyere said: “we are excited that all customers on DStv can now watch hit shows like Inspector Bediako S2, Brenya, Play By Ear, Accra Stand Up, The Billionaire’s Wife and Nana Akoto amongst others from as little as Ghs80 per month. In the past three years, Akwaaba Magic has rekindled interest in Ghanaian content production and fulfilled our commitment to developing and upskilling the film ecosystem”.

He adds from the 1st of April, a section of our customers who hitherto did not have access to the diverse shows on Akwaaba Magic, will now be able to watch their beloved Ghanaian stars on our Ghs 80 per month pack”.

Head of the Akwaaba Magic Channel, Nosisa Doe explains that “this move is In line with MultiChoice’s commitment to offering more value to its customers and reinforces our strategic vision to be Africa’s most loved storyteller.” Customers can expect new Ghanaian shows, series and movies starting with the second season of Inspector Bediako every Monday evening on the channel. Furthermore, the Akwaaba Magic Abusua channel would be terminating on the 12th of April 2024 and all unfinished series would be moved to channel 150 on DStv.

Akwaaba Magic will continue to run never-before-seen premium local Ghanaian content 24/7 in English and content in diverse Ghanaian languages with subtitling in English.  The Akwaaba Magic channel will be available to subscribers on DStv Access and for GOtv customers on the Value packages on channel 102.

Channel Closure: Africa Magic Urban Will Stop Airing On DStv (And GOtv) By 30 April

Last month, it was reported WildEarth would be the 10th TV  exiting DStv by the end of April. This comes after the channel had been going through financial constraints and all of a sudden demanded carriage fees from MultiChoice.

This is also part of a bigger conspiracy seen within DStv as 9 channels had already exited their platforms in under 4 months. This includes 1Magic, Me, People's Weather, B4U Movies, Ginx TV, Emmanuel TV, DW, One Freestate Televisual and NWTV. 

With Africa Magic Urban that is set to be the 11th TV channel to exit DStv platforms across Africa. According to MultiChoice, they're consolidating their efforts as part of a strategic shift in order to deliver the highest quality entertainment that resonates with viewers. 

Similar to 1Magic and Me, MultiChoice is likely looking to cutback on content commissions for these channels in order to boost their streaming endeavors with Showmax. It was revamped in February to include a lineup of archived material from NBCUniversal.

Africa Magic Urban launched as Africa Magic Movies 1 in 2012 was a premium version to Africa Magic Epic and Family. Initially catered to local films expanded to include series most of which are now set to fold under Africa Magic Showcase and Family. 

If we had to be honest, there was not much variation with the content same with seasons. It was like how you'd view Moja Love and Moja 9.9. were instead of them gaining some independence same content launched elsewhere with variation being the package. 

Statement from MultiChoice about the closure of Africa Magic Urban:

Please note that this strategic shift allows us to focus on delivering the highest quality content that resonates most with our diverse audience. By consolidating our efforts, we can better invest in new and exciting programming that aligns with your interests. 

Canal+ Has Increased Its Shareholding In MultiChoice To 40% As The Two Companies Work On A Takeover

Despite already submitting an all-cash offer worth roughly R54 billion, Canal+ has increased its shareholding in MultiChoice from just over 35% to 40.01%

As per the Companies Act, Canal+ had to make an offer to buy the rest of MultiChoice after breaking the 35% threshold.

Canal+ has offered to buy all the shares at R125 apiece, which is being considered by a newly formed independent board at MultiChoice.

Although Canal+ was given the right to buy more MultiChoice shares earlier this week, should these shares be bought at more than R125 each, the French broadcaster would be obliged to increase the officer price to “not less than the highest consideration paid” per share bought. 

MultiChoice’s share price currently stands at just under R120 a share.

Despite Canal+ already owning 40% of MultiChoice, the latter’s memorandum of incorporation means that a foreign company’s aggregate voting power can not exceed 20% of the total voting power in the group to ensure certain statutory requirements.

10 TV Channels Exit DStv With More Closures Likely To Follow With Canal+ Acquisition Of MultiChoice

As some readers are aware, MultiChoice had removed 10 TV channels in under 5 months. This includes Deutsche Welle, Ginx TV, Emmanuel TV, B4U Movies, One Freestate Televisual, NWTV, 1Magic, People's Weather and Me with WildEarth to follow.

MultiChoice is in the midst of a possible takeover from French company Canal+ after garnering almost 37% hold of the company. With South African laws forcing them to obtain remaining shares and get approval from legislation or risk termination. 

If this deal goes forward, Canal+ and MultiChoice would be merging their stables with the acquirer Canal+ making some budget cuts. This is a norm when a company undergoes a takeover or merger but how much more turmoil can consumers put up with.

As discussed already, Canal+ assets clash with MultiChoice's current offering as the French company has bought up various properties in Africa. This includes ROK Studios who own the streaming service iROKO TV and linear ROK channels on DStv.

They're basically rivaling with M-Net's Africa Magic and unless Canal+ is looking to sell or restructure these brands they can't just "co-exist". Either ROK Studios will merge into Africa Magic or both will be unified to form another brand in the African market.

Same goes for their streaming services iROKO TV and MyCanal Afrique from Canal+ with DStv Stream and Showmax from MultiChoice. Unless there's no monthly fees attached, iROKO TV could be structured as a Showmax type streamer for Africa Magic.

Lastly, there's pay-tv platforms Canal+ offers to consumers within Francophone Africa while MultiChoice caters to English speaking countries. These serve as the most complicated of the pillar as Canal+ Afrique and DStv would be subjected to a merger.

These include a range of entertainment channels from both parties some of which will likely not form part of the merged packages. Canal+ has its own entertainment they can't just pay for duplicates unless it has appeal or originality in the mix.

Canal+ has stated that merging their assets with MultiChoice would give them a competitive advantage against NBCUniversal and Disney. These cutbacks are likely to hit all corners of DStv.

Recap To The Week: Canal+ Raises Offer For MultiChoice, Plans JSE Listing

Canal+ has substantially increased its offer for the MultiChoice Group to about R37.7 billion from R31.7bn after the local broadcaster said in February that the initial offer was too low.

MultiChoice’s share price increased 4.16% to R117 yesterday morning after the improved offer was announced. The share later closed the day 4.99% higher at R117.93.

Meanwhile, should Canal+’s own planned European listing proceed, there would be an opportunity for South African investors to become shareholders of the combined entity, as part of a secondary inward listing on the JSE, the companies announced yesterday.

Vivendi, the parent of Canal+, is currently doing a feasibility study to split the company into several separately listed entities. Canal + has 26.4 million subscribers, 17 million of which are outside France. MultiChoice claims 23.5 million subscribers.

The two groups said they had reached an agreement on proceeding and cooperating with the Canal+ takeover bid, that was formally announced on February 1, 2024, following talks between them of over a year.

Canal+’s stake in MultiChoice amounted to 35.01% by February 5, and this stake amounted to 36.6% on April 5.

The offer to MultiChoice shareholders was yesterday increased to R125 per share, from R105 cents when Canal+ first made the offer, which is “significantly above the minimum price of R105.00 required by the Takeover Regulations,” the companies said in a statement.

The new price represented a 66.66% premium to the R75 price on February 1, the last trading day prior to the offer first being made.

Meanwhile, should Canal+’s own planned European listing proceed, there would be an opportunity for South African investors to become shareholders of the combined entity, as part of a secondary inward listing on the JSE, the companies announced yesterday.

Vivendi, the parent of Canal+, is currently doing a feasibility study to split the company into several separately listed entities. Canal + has 26.4 million subscribers, 17 million of which are outside France. MultiChoice claims 23.5 million subscribers.

The two groups said they had reached an agreement on proceeding and cooperating with the Canal+ takeover bid, that was formally announced on February 1, 2024, following talks between them of over a year.

Canal+’s stake in MultiChoice amounted to 35.01% by February 5, and this stake amounted to 36.6% on April 5.

The offer to MultiChoice shareholders was yesterday increased to R125 per share, from R105 cents when Canal+ first made the offer, which is “significantly above the minimum price of R105.00 required by the Takeover Regulations,” the companies said in a statement.

The new price represented a 66.66% premium to the R75 price on February 1, the last trading day prior to the offer first being made.

It is also a 63.96% premium to the R76.24 30-day volume weighted average price on the last trading day, prior to the offer being delivered.

Canal+ has said that its aim is to build a global entertainment leader, with Africa at its heart, combining scale, complementary geographies, and international reach with strong local roots, that will support the development of Africa's sporting and cultural industries, and “take leading and authentic African stories to a global audience.”

Recognising South Africa’s black economic empowerment imperatives, it intends to support MultiChoice’s BBBEE initiatives and the transformation of its South African business.

Canal+ believes the offer would also provide MultiChoice shareholders with an opportunity to realise value at a significant premium, in cash.

“Canal+ believes the competitive landscape for Africa's media and entertainment industry will continue to undergo profound changes as the continent rapidly adopts broadband and mobile internet.”

This allowed international media companies and global OTT platforms (including Netflix, YouTube, Disney and Apple TV+), to use their scale and resources, to expand beyond their existing markets, increasing their focus on Africa and thereby challenging local rivals.

“A combined group would be better positioned to address key structural challenges and opportunities resulting from the progressive digitalisation and globalisation of the media and entertainment sector. This could have significant benefits for the African creative and sports ecosystems, for example, by enabling high-quality content created on the continent to be distributed to an international audience,” the companies said.

Also, through the combination with Canal+, in addition to operating in over 50 countries across Africa, MultiChoice would be part of a broader group, present across three continents: Africa, Europe and Asia. As a result, MultiChoice would benefit from the combined group's scale across its entire footprint.

Credits: IOL