Canal+'s MultiChoice Has Also Begun Engaging With Local Regulators In Other African Countries
NEW CHANNEL ALERT!!! Sporty TV To Make It's South African Debut On eMedia Investments' Openview
Could Canal+ Have Some Implication In MultiChoice's Settlement With eMedia Investments And The SABC?
In 2022, eMedia Investments and MultiChoice entered a carriage dispute regarding eToonz, eMovies, eMovies Extra and eExtra on DStv. This case was dragged on for approximately two and a half years and by last year both companies managed to join hands although not closing any details.
Aside from channels, MultiChoice had been beefing with the company alongside the SABC regarding sporting rights. With the public broadcaster technically insolvent, SuperSport had made numerous attempts to get these matches on SABC's stations by even restricting the likes of Openview.
This too was dragged to court with eMedia Investments getting the last laugh as regulators sided with them on the notion that it's anti-competitive. To make a long story short, this too was settled with individual parties remaining hush on the matter.
Speculation going around is that Canal+ may have some involvement regarding the matter with these broadcasters. As some know, MultiChoice is undergoing a takeover and they're hoping to appease regulators even going as far as spinning off its crown jewel, DStv.
Competition Tribunal is one of those various parties they need to seek approval from regarding this transaction which is deemed a large merger. Often, they seek the opinions of various parties that have been around MultiChoice over the years it could be Cape Town TV, Telkom or even SABC for that matter even.
With DStv undergoing a potential restructure in South Africa this notion does bares a lot of fruit when you look at it. When someone decides to put a house up for sale, they usually sprouse things up in order to attract potential buyers and more money enters the equation when you do those necessary renovations.
If eMedia Investments and SABC are being dragged into this exchange between Canal+ and MultiChoice one has to wonder what opinions they'll formulate. Back when MultiChoice was led by Naspers, they had threatened to drop eNCA and various other local broadcasters from DStv if they went ahead with the encryption of the STB.
Could this be what prompted for eToonz and eMedia's other Openview channels to be reinstated and SuperSport Schools inclusion on SABC+? We'll have to wait and see how this case unfolds.
April 2025 On Universal TV And E! Entertainment Across Africa | Returning Shows: Wild Cards Season 2 | Continuing Shows Including Watch What Happens Live | More
Universal TV
WILD CARDS
Season 2 – Territory Premiere
Premieres Monday 21st April, 8pm
Ellis must set aside his sense of hurt at Max’s betrayal to work with her on a new case involving the dangerous, adrenaline-fuelled world of high speed street racing.
NCIS
Season 20 – Channel Premiere
Continues Mondays at 8pm, double billed; season finale 14th April
Season 20 comes to its exciting climax, as the team’s cases include the murder of a senator’s daughter, a killing in the National Archive and a domestic terror attack.
Continuing shows include HUDSON & REX Season 7 on Tuesdays at 8pm, LAW & ORDER: SPECIAL VICTIMS UNIT Season 26 on Wednesdays at 8pm and MAGNUM P.I. on Season 5 on Fridays at 8pm.
E! Entertainment
Below Deck Sailing Yacht
Season 5 Launches Sunday 6th April at 18:10 – Single Bills
Every Sunday
The hit franchise charts a new course with its latest iteration, Below Deck Sailing Yacht. Join the crew as they tackle all that life at sea has to throw at them – on E!
Continuing shows include E! News on Tuesdays to Fridays at 22:00 and Watch What Happens Live on Mondays to Fridays at 22:30.
Canal+ Delays The MultiChoice Acquisition For Another 6 Months
DStv owner Multichoice Group and French media giant Canal+ have jointly announced an extension to the ‘long stop date’ tied to their R55 billion merger deal.
The long stop date—initially set at 8 April 2025—is when all the conditions for implementing Canal+’s takeover offer must be fulfilled or waived.
However, the groups said the necessary merger control clearance from South African competition authorities and the relevant regulatory processes will not be complete by this date.
As these processes are ongoing, the groups have agreed to extend the date to 8 October 2025.
“MultiChoice and Canal+ are of the view that this provides ample time for the fulfilment of the conditions,” the company said.
“Save for the extension of the long stop date, the terms of the offer remain unchanged,” it added.
Maxime Saada, CEO of Canal+ said the extension reflects the group’s commitment to the deal.
“The timing of this transaction is critical, and we will continue working tirelessly to ensure the finalisation of the transaction within this timeframe to ensure it retains its intended value and impact for all stakeholders,” he said.
Canal+ has offered to buy the remaining shares in Multichoice that it does not already own for R125 per share, valuing the group at R55 billion. The group currently has a 45% shareholding of Multichoice.
To get the deal done, the transaction must navigate a minefield of government regulations, including risks of violating South Africa’s Electronic Communications Act (ECA) and competition regulators.
Multichoice and Canal+ previously laid out a complex post-merger structure that attempts to circumvent these pitfalls, including the conditions on licences that restrict foreign ownership to 20% of voting rights.
To get around this, the post-merger group intends to split off the broadcast licence and subscriber base to a new company called “LicenceCo” which will be majority owned by BEE shareholders.
The Multichoice/Canal+ group would own 49% of this company, with 20% voting rights.
While the groups have a solid plan to get past the ECA restrictions, the deal still has to pass the Competition Commission/Tribunal, the Financial Surveillance Department, the JSE, the Takeover Regulation Panel, and the Independent Communications Authority of South Africa (Icasa).
Each step poses its own challenges and potential pitfalls, but Multichoice has assured that customers and subscribers will not be disrupted by the machinations happening in the background.
The article was originally published by Business Tech



