"The Bollore Effect": Could SABC News, eNCA And Newzroom Afrika Also Be Impacted By Canal+ Possible Takeover Of MultiChoice?

MultiChoice is technically insolvent a position in which the liabilities weigh more than their assets meaning the company won't be able to cover most of their expenses and could go bankrupt. So they're reliant on Canal+ transaction in order to remain afloat as they take the matter to legislation.

As some readers are aware, there was reports going around about the potential owners Canal+ and Vivendi that similar to MultiChoice would buy up shares in a company before staging a hostile takeover. But most of the attention was pointed toward the editorial staff and the effects this transaction had on them.

eMedia Investments' Openview and StarSat already package the French news channel France24 alongside MultiChoice's DStv in the Eastern and Western parts of Africa. This channel has been subjected to "editorial interference" or as the media would brand this situation "corporate bullying".

The owners in question would force a channel like France24 to express certain views about a topic and failure to abide by those policies would risk that individual their job. Corporate would go about hiring someone who is willing to follow guidelines which is why France24 looks the way it is now.

With Canal+ obtaining almost half of MultiChoice shares there's fear lurking around that SABC News, eNCA and Newzroom Afrika heading down a similar route. Although Canal+ wouldn't own these channels they would own MultiChoice which in turn owns France24 and would want to level the playing field.

With Canal+ already prioritizing C8 and BFM alongside France24 in Africa another fear surrounding these channels would be budget cuts. The first thing that will happen once the transaction concludes would be corporate downsizing with lower to upper management seeing cuts with branches closing down.