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MultiChoice's rescue
The Citizen
|March 13, 2026
SYNERGIES: HOW CANAL+ WILL TURN AROUND BATTLING PAY-TV COMPANY
PROGRESS. Slashing the price of decoders late last year has had 'some effect' and the group now plans to lower the entry cost.
(Reuters)
Canal+ will pump nearly R2 billion during 2026 into a plan to restart subscriber growth at newly acquired MultiChoice, following more than three years of decline.
CEO of the French pay-TV operator Maxime Saada admits that stemming subscriber losses in its Englishand Portuguese-speaking markets will be a big ask, as the business has been losing an average of 1.6 million subscribers a year.
The €100 million "boost" plan will be funded through an acceleration of its "synergies" plan where it expects €150 million (about R2.8 billion) in cost reductions this year.
It now expects that number to increase to €250 million, despite it only taking control of the Randburg-based business "less than six months ago".
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