{"id":347,"date":"2025-03-06T17:24:33","date_gmt":"2025-03-06T16:24:33","guid":{"rendered":"https:\/\/techstream.africa\/?p=347"},"modified":"2025-03-06T17:24:33","modified_gmt":"2025-03-06T16:24:33","slug":"canal-takeover-in-slow-mo","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=347","title":{"rendered":"Canal+ takeover in slow mo"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"299\" height=\"168\" src=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/03\/img_5805-1.png\" class=\"wp-image-346\"\/><\/figure>\n\n\n\n<p class=\"p1\">Canal+ has extended its deadline for completing the takeover of South Africa\u2019s MultiChoice from April 8, 2025, to October 8, 2025. The delay allows more time to set up a licencing company (LicenceCo) that aligns with South Africa\u2019s foreign ownership laws, a crucial step for regulatory approval.<\/p>\n\n\n\n<p class=\"p1\">The French media giant has been increasing its stake in MultiChoice since 2020, eventually reaching 41.6% in 2024, which triggered a mandatory takeover offer. However, regulatory challenges, including compliance with local broadcasting laws and Canal+\u2019s recent separation from Vivendi, have slowed the process. Despite these obstacles, the extension signals Canal+\u2019s commitment to acquiring MultiChoice under its new corporate structure.<\/p>\n\n\n\n<p class=\"p1\">To meet legal requirements, LicenceCo will be established to hold the pay-TV licence, managed by South African stakeholders. Meanwhile, MultiChoice will shift its role from broadcaster to video content supplier. This acquisition is a key move for Canal+ as it aims to dominate Africa\u2019s media market, leveraging MultiChoice\u2019s vast subscriber base to compete with global streaming platforms.<\/p>\n\n\n\n<p class=\"p1\">If successful, the deal could lead to more investment in local content, improved streaming services, and competitive pricing. However, regulatory oversight will play a significant role in shaping the future of Canal+\u2019s operations in Africa.<\/p>\n\n\n\n<p class=\"p1\">Read the full news here: <a href=\"https:\/\/techcabal.com\/2025\/03\/05\/techcabal-daily-canal-takeover-in-slow-mo\/\">TechCabal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canal+ has extended its deadline for completing the takeover of South Africa\u2019s MultiChoice from April 8, 2025, to October 8, 2025. The delay allows more time to set up a licencing company (LicenceCo) that aligns with South Africa\u2019s foreign ownership laws, a crucial step for regulatory approval. The French media giant has been increasing its&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-347","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=347"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/347\/revisions"}],"predecessor-version":[{"id":348,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/347\/revisions\/348"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}