Sector: Consumer Services
The company is available at Interactive Brokers
MultiChoice Group (JSE:MCG) is one of the fastest growing pay-TV broadcast providers globally, with a 30-year track record and the distinct honour of entertaining approximately 14 million households across 50 countries in Africa (using multiple platforms).
It is the group's objective to deliver quality content anywhere, anytime, on any device through a comprehensive video entertainment offering for all income groups.
MultiChoice Group is the parent company of MultiChoice South Africa (including SuperSport, M-Net and DStv Media Sales), MultiChoice Africa Holdings, Showmax Africa and Irdeto:
SuperSport
SuperSport is Africa’s premier sports broadcaster, producing and broadcasting local and international sport for pay-TV subscribers across sub-Saharan Africa. SuperSport channels broadcast most of the globe’s major sporting events and leagues including football, rugby, cricket, tennis, golf, motorsport, cycling, boxing, wrestling and athletics.
DStv
DStv is a sub-Saharan African video entertainment company owned by MultiChoice. It was launched in 1995 and provides multiple entertainment channels and services to customers across the continent via satellite, online and mobile apps.
GOtv
GOtv is a digital terrestrial television platform known for the affordable entertainment it brings to customers across 11 countries throughout Africa. GOtv carries authentic programming that’s made in Africa, for Africans.
M-Net
Founded in 1985, M-Net has grown from a single channel to nearly 40 and offers both international and local content to African customers in nearly 50 countries.
M-Net partners with the best service providers to produce and acquire the most thrilling and informative video entertainment. In this way,
M-Net plays a leading role in developing and upskilling the industry. M-Net’s mission is to create relevant, aspirational video entertainment that resonates with communities.
Showmax
Showmax is an internet-based subscription Video-on-demand service supplying an extensive catalogue of TV shows and movies. By leveraging relationships with major production studios from across the globe, Showmax delivers both world-class international content as well as the best of specialised local content. Showmax is accessible across a wide range of devices from smart TVs and computers to smartphones and tablets.
Irdeto
Irdeto protects platforms and applications for video entertainment, video games, connected transport and IoT connected industries. Irdeto’s solutions and services enable customers to protect their revenue, create new offerings and fight cybercrime. With 50 years of expertise in security, Irdeto’s software security technology and cyberservices protect over 5 billion devices and applications for some of the world’s best-known brands. With a unique heritage in security innovation, Irdeto is the well-established and reliable partner to build a secure future where people can embrace connectivity without fear.
DStv Media Sales
DStv Media Sales is the sales arm of MultiChoice, providing dynamic media solutions; handling commercial airtime, on-air sponsorships, content integration, and online sales across a variety of 130+ channel brands on linear TV, VOD, social media, and digital platforms.
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MultiChoice has announced Imtiaz Patel’s exit as chairman, just weeks after saying he would stay on in the role.
2024-04-23 17:24 +02:00Icasa councillor Mothibi Ramusi has been sworn in as the new chairman of the communications regulator.
2024-04-22 15:57 +02:00Groupe Canal+ has disclosed that it has bought even more shares in MultiChoice Group in recent days.
2024-04-18 10:32 +02:00The Competition Tribunal has granted interim relief to eMedia in its fight with MultiChoice over sublicensed sports on Openview.
2024-04-15 14:53 +02:00Brandon Foot, a long-serving executive at MultiChoice Group – including its subsidiary SuperSport – has passed away.
2024-04-12 18:50 +02:00French broadcaster Canal+ has bought up another big chunk of shares in acquisition target MultiChoice Group.
2024-04-12 10:25 +02:00MultiChoice has agreed to work closely with Canal+ on a mandatory offer the latter must make to the former’s shareholders.
2024-04-08 08:06 +02:00MultiChoice has rescinded a previous announcement that Imtiaz Patel would step down as its chairman with effect from 1 April.
2024-04-02 10:02 +02:00Patrice Motsepe is in talks with Canal+ to join the multibillion-dollar bid for MultiChoice Group, sources have said.
2024-03-27 15:02 +02:00Groupe Canal+ has raised its offer to buy all the shares of MultiChoice, with the parties agreeing to exclusive talks.
2024-03-05 07:52 +02:00Sanef has pleaded for accountability as public hearings on competition in digital media platforms kicked off in Pretoria.
2024-03-04 16:20 +02:00Canal+ has been given an extra 25 days to make a mandatory offer to shareholders of MultiChoice Group.
2024-03-04 10:27 +02:00TechCentral has a look at what Canal+ must do now to comply with takeover regulations in its pursuit of MultiChoice.
2024-02-28 12:35 +02:00Groupe Canal+’s approach to MultiChoice Group about a potential acquisition has taken a dramatic turn.
2024-02-28 08:01 +02:00Paramount Global has signed a deal with MultiChoice to bring the Paramount+ streaming service to African audiences.
2024-02-26 16:32 +02:00MultiChoice South Africa has announced its price adjustments for 2024.
2024-02-19 08:54 +02:00MultiChoice Group has settled a tax dispute in Nigeria, with the pay-television operator to hand over R709-million.
2024-02-08 08:30 +02:00The SABC is headed to the Competition Tribunal over its allegations that Sentech is charging it excessive prices.
2024-02-07 10:02 +02:00The Takeover Regulation Panel is investigating after MultiChoice ended potential buyout talks with its largest shareholder.
2024-02-06 10:26 +02:00In rejecting Groupe Canal+’s bid, MultiChoice Group made a rather interesting remark to investors on Monday.
2024-02-05 13:45 +02:00MultiChoice Group’s board has rejected a bid by France’s Groupe Canal+ to buy out the JSE-listed broadcaster.
2024-02-05 07:43 +02:00The French broadcaster has claimed it can work around local ownership rules. Experts don’t necessarily agree.
2024-02-04 13:28 +02:00Senior management changes have been announced at MultiChoice Group and MTN South Africa.
2024-02-01 18:02 +02:00MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
2024-02-01 11:45 +02:00A deal will be exceptionally difficult – if not impossible – to get over the line. So, why is Canal+ pursuing control of MultiChoice?
2024-02-01 09:58 +02:00Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
2024-02-01 07:13 +02:00MultiChoice Group still holds WWE broadcast rights, despite Netflix acquiring them in some international markets.
2024-01-29 14:45 +02:00The “catastrophic and unconstitutional” SABC Bill must be withdrawn, three media organisations have demanded.
2024-01-25 12:50 +02:00MTN South Africa has announced aggressively priced data plans aimed at supporting MultiChoice’s newly relaunched Showmax.
2024-01-23 10:36 +02:00Senior counsel for eMedia Holdings and MultiChoice Group battled it out at the Competition Tribunal on Thursday.
2024-01-18 20:12 +02:00Top Sky executive Andrea Zappia has been named chairman of MultiChoice Group-owned Showmax.
2024-01-15 16:33 +02:00The newly launched Showmax follows in DStv’s footsteps by turning to sport as drawcard to lure subscribers.
2024-01-15 16:05 +02:00MultiChoice Group said it is open to US media giant Comcast acquiring a larger stake in its video streaming platform, Showmax.
2024-01-15 13:52 +02:00SuperSport has acquired the rights from New World TV after being beaten across the line by the SABC.
2024-01-11 12:33 +02:00The SABC has secured the rights to broadcast all 52 games of the upcoming 2023 African Cup of Nations tournament.
2024-01-05 14:00 +02:00MultiChoice Group has announced the launch of SuperSportBet, a new betting platform aimed at sports fans.
2024-01-05 09:17 +02:00The former SABC COO has still not paid back all the money he owes the corporation and is digging in for a fight.
2023-12-18 15:00 +02:00eMedia has blamed the impact of load shedding and other external factors for a weaker financial performance.
2023-11-29 17:08 +02:00MultiChoice Group surprised investors on Wednesday by reporting customer growth of 5% in its premium segment.
2023-11-16 10:30 +02:00MultiChoice Group has revealed the first details of what the new “Showmax 2.0” streaming platform will look like.
2023-11-15 15:30 +02:00MultiChoice Group has reported a decline in subscribers, while its income statement has been stained in red ink.
2023-11-15 13:54 +02:00Satellite providers are helping telecoms operators connect rural and remote communities on the African continent.
2023-11-15 10:26 +02:00Showmax subscribers living outside Africa will soon lose access to the MultiChoice-owned streaming platform.
2023-11-02 14:35 +02:00MultiChoice is offering access to the Rugby World Cup final for R19.95 in homage to the 1995 final.
2023-10-27 15:29 +02:00South Africans love to complain about the price of DStv. But research shows DStv Premium is actually relatively well priced.
2023-10-25 15:42 +02:00Ahead of the impending relaunch Showmax, MultiChoice has announced further management changes at the unit.
2023-10-19 08:34 +02:00eMedia has withdrawn its case against MultiChoice over the right to broadcast the Rugby World Cup.
2023-10-18 16:29 +02:00The fight between eMedia and MultiChoice over sports rights is headed to South Africa’s competition authorities.
2023-10-17 12:16 +02:00The urgent application by eMedia against MultiChoice over Rugby World Cup rights has been struck off the roll.
2023-10-10 15:14 +02:00A high-stakes legal clash between eMedia and MultiChoice over sublicensing rights for the Rugby World Cup is playing itself out in the high court.
2023-10-10 12:00 +02:00The SABC will air matches from the ICC Cricket World Cup after it reached a sublicensing deal with MultiChoice.
2023-10-05 18:59 +02:00The SABC Bill kicks the can down the road on a funding model for the public broadcaster.
2023-10-03 18:02 +02:00The SABC has blamed MultiChoice for its failure to secure broadcasting rights for the ICC Cricket World Cup.
2023-10-03 14:20 +02:00The SABC has rejected offers by SuperSport to rebroadcast games from the ICC Cricket World Cup.
2023-10-03 09:48 +02:00Openview parent eMedia Holdings looks set to face off with MultiChoice Group in court as soon as next Tuesday.
2023-10-02 14:57 +02:00eMedia Holdings has filed papers against MultiChoice in the high court, MultiChoice confirmed on Sunday.
2023-10-01 10:33 +02:00MultiChoice Group has announced that it will phase out Showmax Pro ahead of the planned relaunch of the Showmax platform.
2023-09-27 15:14 +02:00MultiChoice Group said it remains “gravely concerned about the debilitating impact of load shedding on South Africa”.
2023-09-21 14:20 +02:00Pirates are finding new ways to circumvent broadcasters’ security technologies. MultiChoice is not taking matters lying down.
2023-09-18 15:55 +02:00MultiChoice and the SABC have reached a last-minute agreement giving the public broadcaster rights to broadcast Rugby World Cup games.
2023-09-07 16:08 +02:00MultiChoice Group has appointed Marc Jury as interim CEO of its Showmax business as Yolisa Phahle gears up for retirement.
2023-09-04 12:49 +02:00Ahead of RWC 2023, World Rugby has launched a streaming platform with free access to live games and other content.
2023-08-25 16:55 +02:00MultiChoice Group has appointed two heavy hitters from the UK’s Sky Group to its board of directors.
2023-08-25 14:06 +02:00Phuthuma Nathi shareholders will receive a R1.4-billion dividend for the 2023 financial year.
2023-08-23 15:42 +02:00MultiChoice Africa will withdraw all DStv from Malawi with immediate effect following a court injunction.
2023-08-10 12:43 +02:00Netflix and other international streaming video providers may in future require operating licences in South Africa.
2023-08-04 16:19 +02:00Broadcast ownership rules that limit foreign ownership of commercial South African broadcasters to 20% may be amended.
2023-08-03 11:54 +02:00DStv Extra Stream is a new feature that gives DStv subscribers an additional streaming option – for a fee.
2023-08-01 12:19 +02:00MultiChoice’s DStv streaming service, previously known as DStv Now, has a new name and several new features.
2023-08-01 10:25 +02:00Netflix is expanding its crackdown on password sharing to South Africa.
2023-07-20 14:03 +02:00Amazon Prime Video has appointed former SuperSport CEO Gideon Khobane as director for Africa.
2023-07-04 12:59 +02:00Canal+ has increased its stake in MultiChoice to 31.7%, taking it closer to a potential mandatory offer to other shareholders.
2023-07-02 12:47 +02:00Canal+ has agreed to buy a significant minority stake in Hong Kong-listed PCCW’s Viu unit.
2023-06-21 08:15 +02:00DStv viewership declines by about 12% on average when South Africa enters stage-6 load shedding.
2023-06-20 11:56 +02:00MultiChoice Group will launch an overhauled version of its streaming platform, Showmax, before the end of the year.
2023-06-20 11:06 +02:00The San Francisco-based technology firm plans to train 40 start-ups and fund a few each year.
2023-06-15 07:54 +02:00MultiChoice Group said strong subscriber growth and profit elsewhere in Africa offset poor market conditions in South Africa.
2023-06-13 15:02 +02:00Difficulty in repatriating money from Nigeria, among other factors, will hurt MultiChoice Group’s full-year financial results.
2023-06-08 15:30 +02:00MultiChoice Group has added BritBox to the bouquets of content available on its DStv Explora Ultra.
2023-06-06 11:18 +02:00MultiChoice Group is launching a new fintech joint venture aimed at developing an “integrated payment platform for Africa”.
2023-05-29 10:27 +02:00Openview, the free-to-air satellite platform owned by JSE-listed eMedia Holdings, has notched up nearly 3.2 million activations.
2023-05-25 13:35 +02:00SuperSport has unveiled its newest outside broadcast truck, which it plans to use to broadcast live sports events in 4K.
2023-05-23 16:17 +02:00Altron’s ability to deliver double-digit revenue growth is evidence of its strong annuity and defensive earnings base, CEO Werner Kapp said.
2023-05-15 11:13 +02:00President Cyril Ramaphosa has finally appointed a new SABC board.
2023-04-18 14:58 +02:00South African pay TV company Multichoice Group reported a 5% drop in half-year profit on Wednesday, hit by weaker currencies in several markets, losses at its Showmax streaming business and a lower contribution from its home country.
2023-11-15South African pay television company MultiChoice Group said on Tuesday its annual profit rose 2% with strong subscriber growth and profit elsewhere in Africa offsetting poor market conditions in its home country.
2023-06-13ABUJA (Reuters) -Nigeria`s broadcast regulator has fined Multichoice Nigeria Ltd, part of South African pay-TV group, and others 5 million naira ($12,013.74) each for airing a BBC report that it said "glorified the activities of bandits and undermines national security."
2022-08-03ABUJA (Reuters) -Nigeria`s revenue service said on Thursday it had told banks to freeze the accounts of units of pay-TV group MultiChoice to recover $4.4 billion, in the latest tax dispute between a South African-based company and Nigerian authorities.
2021-07-08(Corrects June 21 story to remove Naspers reference from headline and lead as Naspers no longer owns MultiChoice)
2019-06-22South African pay-television firm MultiChoice Group is planning to lay off more than 2,000 workers in South Africa in a shake-up of its customer care service, the company said on Friday.
2019-06-22Tencent shareholder Naspers plans to float a portion of its e-commerce ventures on Euronext in Amsterdam, a move South Africa`s biggest company said on Monday will create a $140 billion European internet giant.
2019-03-25South Africa`s firmed on Friday as demand for emerging market currencies lifted on reports that China and the United States had made more progress in their trade talks.
2019-03-15South Africa`s rand ended firmer on Monday, boosted by growing hopes of a trade deal between the United state and China, but trading was cautious ahead of crucial local and offshore data that could see the currency`s slide resume.
2019-03-04South Africa`s rand eased on Monday as the dollar neared a two-week high, while Naspers boosted stocks on expectations of positive news about the spin-off of its pay-TV business, which duly emerged after the market close.
2019-01-21South African internet giant Naspers reported a sharp narrowing of losses at its e-commerce unit on Friday, boosting chief executive Bob van Dijk`s efforts to cut the company`s dependence on its Chinese money spinner Tencent .
2018-11-30* Results boosted by robust showing from Tencent (Adds detail about e-commerce unit)
2018-11-30South Africa`s competition watchdog has ruled that a distribution deal between MultiChoice, Naspers` pay-TV business and the country`s public broadcaster in 2013 constituted a notifiable merger.
2018-11-12