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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".
Bu hikaye The Citizen dergisinin March 13, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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