Canal+ Takes Full Control of MultiChoice, Ending South Africa’s Three-Decade Pay-TV Era

French media giant Canal+ has officially taken control of MultiChoice Group (MCG), marking the end of a 30-year chapter for South Africa’s homegrown pay-TV pioneer. The takeover became unconditional on September 19, 2025, cementing Canal+ as the majority shareholder and ushering in a new leadership team.

The move, which is described as the largest transaction in Canal+ history, creates a combined media powerhouse with more than 40 million subscribers across nearly 70 countries in Africa, Europe, and Asia. While billing and subscription arrangements for DStv customers remain unchanged, South Africans can expect new investment commitments, including sustained support for local sports and entertainment productions, as well as backing for small businesses and historically disadvantaged producers in the audiovisual sector.

As part of the leadership reshuffle, David Mignot has been appointed Chief Executive Officer and Nicolas Dandoy has been appointed Chief Financial Officer of MultiChoice. At the same time, outgoing CEO Calvo Mawela steps aside but will continue to chair Canal+ African operations. Maxime Saada, CEO of Canal+, will now serve as the chair of the board.

For many South Africans, the takeover marks the end of a nostalgic era. Founded in 1994, DStv grew into a household name, shaping weekend rituals with live sports, telenovelas, and local dramas. Now, its future rests in the hands of Canal+, which has pledged to protect its African roots while expanding its global footprint.

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