Last year, Canal+ and Warner Bros. Discovery extended their carriage agreement for the channels viewed on MultiChoice platforms. This deal was also expanded to include Warner Bros. Discovery's existing channels in Canal+ territories in Europe.
After Canal+ managed to complete it's acquisition of MultiChoice, plans were put in motion to align some of MultiChoice's business with that of its owners. This included agreements MultiChoice currently has with BBC Studios, NBCUniversal and Disney.
With them now serving over 40 million subscribers in 70 countries, there's really no point in them having to handle contracts separately. When with a combined scale they can just offer one contract and try to bring down the costs.
As some people recall Canal+ was able to call Warner Bros. Discovery bluff by having a last minute agreement put in place for MultiChoice territories.
The reality is that MultiChoice offers the most channels so basically they would serve as Warner Bros. Discovery's largest client in Africa. Despite already having agreements with other players, most of their revenue would reside with MultiChoice.
Canal+ also stood the chance to lose more DStv subscribers as Warner Bros. Discovery offers the top channels on DStv. While they expressed willingness to replace these channels there's no such thing as a like for like alternative.
Warner Bros. Discovery had expressed willingness to recover from the lost income if these channels went dark on MultiChoice platforms. There's really no recovery when MultiChoice competitors are willing to offer the bare minimum of DStv.
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