Recap To The Month: Canal+ Looking To Make MultiChoice A Global Powerhouse Against The Likes Of Disney And Netflix By Making Local Content Go Global

During the month, Canal+ Group CEO was approached by journalists where he addressed several matters regarding MultiChoice. As reported, he's been given the greenlight to acquire the remaining shares and is currently drawing up a proposal to appease legislation. 

Together the merged company would have reached 50 million households (30 million reside within Africa). It would make it the biggest entertainment company across the world that's not based in the United States.

Apart from the MultiChoice deal in Africa, the group had increased its share in the Hong Kong-based streaming platform Viu to 30% - with the option of increasing it to 50%. Viu has accumulated 15 million subscribers in Southeast Asia and the Middle East.

Canal+ plans for MultiChoice's local endeavors 

Saada says the new, merged company will take a "very, very different approach" than the American companies, by focusing on the highest quality local content. "And it's not necessarily very difficult, but it needs resources. And once you reach a scale of 50 million subscribers, then you have the resources."

Implying that local content from M-Net and various of other brands like Mzansi Magic, Africa Magic and KykNET will likely resurface in parts of Europe and Asia. Now that funds coming into MultiChoice will have additional outlets and possible increase local commission. 

MultiChoice Studios' offering was limited to Showmax and various M-Net channels. With Canal+, we'll probably be seeing more of Blood Psalms and Recipe For Love And Murder and possible content distributed in France before Africa. 

Where does this leave brands like eNCA and SABC News?

Nothing can be for certain in regards to that as Canal+ does supply various local channels from DStv onto their platforms in Francophone Africa. These include Africa Magic Epic, M-Net Movies, SuperSport La Liga and Premier League and Zee World.

South African content has been known to be kind of pricey one of the reasons eNCA is not viewable on a platform like Openview. It's not necessarily about exclusivity but the fact that there's not much competitors that can aid in MultiChoice's pursuit in that regard.

If anything, it would probably be a miracle if some content from these channels wind up on French based news channel Canal+ 8 (C8). There's been scenarios where TV channels would just invest in regional content it was like that with BBC News and CGTN.

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