Broadcast, Film and Convergence in Africa - Issue no 393 on 12 August 2022

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Canal+ Group continues to make moves that will see it become the dominant Pay-TV player across all Sub-Saharan Africa

12 August 2022

Vivendi-owned pay TV operator Canal+ is increasingly flexing its commercial muscle across the whole of Sub-Saharan Africa. As an independent, South Africa’s Multichoice finds itself much less powerful than it once was. Russell Southwood looks at what Canal+ is up to. In early July Groupe Canal+ SA increased its stake in Multichoice to 20.12% after a series of small incremental increases from 15% to the current position. MultiChoice said it has filed the required notice with the Takeover Regulation Panel as required in terms of section 122(3)(a) of South Africa’s Companies Act. Canal+ had previously offered a multi-million dollar takeover…