Monday, September 23, 2024

Could 1Max Be The Next Channel To Exit DStv And Could It Be Replaced With Another TV Channel?

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Canal+ is currently finalizing a new structure after obtaining a 45% stake of MultiChoice making them one of company's largest shareholders. After their initial bid of R29 billion was turned down earlier in the year the French broadcaster had up it's bid to R32 billion with an interim board deeming it "fair and reasonable".

Following their visit to Cape Town, they were interviewed by several journalists regarding the transaction and several things were brought up first there are no plans to fold DStv under the Canal+ trademark considering how strong they are. However, DStv and Showmax may not compliment one another for very long as they deem it as competition.

Aside from NBCUniversal's stake in the streamer, Showmax has been buying up content that isn't viewable on DStv much less 1Max same goes for DStv as there's thing with Zee Zonke and TLNovelas. Look at Disney+, SABC+ and even eVOD their existence is based on their linear portfolio and vice versa at some point this was what Showmax was with DStv but growing competition led them to scale back.

With Canal+ eyeing a takeover on MultiChoice one has to sort of wonder whether the DStv threat could be minimised to a point where some restructure could await 1Max. The French broadcaster is currently trying to navigate the limitations of a foreign company within a local market so it's likely they may never own Mzansi Magic and KykNet and could opt to launch a rivalled offering.

1Max could be that channel in which Canal+ puts all their resources and connect to the SA market as they already cater to these audiences. Other than that, when M-Net decided to close both Me and 1Magic despite this being supplemented by 1Max it's availability had been restricted with the content filtered to favour South Africa. 

Canal+ also manages to maintain a stake in VIU which is eyeing 40% with the option to increase it with 51% and they had been commissioning content such as uBettina Wethu so whose to say this channel wouldn't serve as an open window to those pursuits. I think the question is how the content will be allocated on other packages do these fall under Mzansi Wethu or will this require another TV channel like Magic Showcase.

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