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MultiChoice to secure $63 million from Sanlam Insurance deal

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MultiChoice Group is set to receive $63 million in cash by the end of November 2024 following the sale of its insurance business, NMS...

MultiChoice secures another arrest in ongoing Waka TV piracy crackdown

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The MultiChoice Group announced on Monday that another arrest has been made in connection with the Waka TV pirate streaming operation. This follows a raid...

DStv cuts price of Premium bouquet in South Africa

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MultiChoice has cut the price of the streaming version of DStv Premium, provided customers commit to a 12-month contract. Satellite pricing remains unchanged. The new streaming price...

Sanlam to acquire 60% of MultiChoice’s insurance business

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Pan-African insurance giant, Sanlam has signed an agreement with MultiChoice to acquire a 60% stake in its insurance division, NMS Insurance Services (NMSIS). Under the...

Multichoice turns to betting division Kingmakers for growth as DSTV customers...

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Pay-TV operator, Multichoice recorded significant growth in its betting business in Nigeria for the financial year ended March 31, 2024, as users of its...

Showmax reports US$141 million in trading losses

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Showmax, the MultiChoice Group-owned pan-African streaming service that was revamped and relaunched earlier this year, has reported trading losses of $141.3 million for the...

MultiChoice will ride out Nigeria chaos

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MultiChoice Group says it remains committed to the turbulent Nigerian market, despite extreme currency volatility, high inflation and an economy taking severe strain. The South...

MultiChoice nails streaming piracy operation Waka TV

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MultiChoice Group and its technology security subsidiary Irdeto have succeeded in nailing a pirate internet streaming service with the help of Western Cape police investigators. In...

Canal+ bid for DStv is ‘fair and reasonable’

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An independent board formed by MultiChoice recommended an all-cash mandatory offer made by French media group Canal+ for the shares it does not already own...

Canal+ stake in MultiChoice climbs to 42.5%

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France’s Groupe Canal+ has continued to buy shares in acquisition target MultiChoice Group, with its stake now at 42.47%, according to the latest regulatory filing...
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