DStv Stream to Anchor Canal+’s Vision for a Unified “Super App” Experience

Following Canal+’s full acquisition of MultiChoice, DStv Stream is expected to become the core of a new all-in-one digital platform, blendin

DStv Stream Poised for Transformation as Canal+ Drives Streaming Strategy

Quick overview

  • Canal+ has completed its acquisition of MultiChoice, creating a new all-in-one digital platform for African and global entertainment.
  • The merged entity will serve over 40 million subscribers across nearly 70 countries, while committing to support local content and SMMEs in South Africa.
  • Canal+ plans to integrate MultiChoice's services into a 'super app' to enhance user access to both local and international content.
  • This acquisition signifies a shift towards on-demand streaming, aiming to modernize MultiChoice's business model and strengthen its position against global competitors.

Following Canal+’s full acquisition of MultiChoice, DStv Stream is expected to become the core of a new all-in-one digital platform, blending African and global entertainment into a single streaming experience.

Landmark Acquisition Finalized

In a transformative move for the media industry, French broadcaster Canal+ has completed the acquisition of all remaining shares in MultiChoice Group (MCG). The deal, initiated in early 2024, began with Canal+ purchasing shares at R105 each, later increasing its offer to R125 per share.

The transaction became unconditional in September 2025, following approval of all regulatory and shareholder requirements. According to a joint statement released on Monday, this marks Canal+’s largest acquisition to date, establishing the combined group as a global media and entertainment leader.

Together, the companies now serve over 40 million subscribers across nearly 70 countries in Africa, Europe, and Asia, supported by a workforce of approximately 17,000 employees.

Commitment to Local Development

Beyond its global ambitions, the merged group reaffirmed a strong commitment to South Africa’s creative economy. As part of its public interest commitments, the companies pledged to:

  • Continue funding local general entertainment and sports content.
  • Support small, medium, and micro enterprises (SMMEs) and historically disadvantaged groups in the local audiovisual sector.

This ensures that while MultiChoice transitions under foreign ownership, its deep connection to South African culture, production, and storytelling remains intact.

Canal+ Eyes Unified “Super App” Platform

Following the takeover, Canal+ plans to merge MultiChoice’s digital and broadcast services — including DStv, DStv Stream, GOtv, and Showmax — into a single “super app” designed to simplify access to both local and international content.

Canal+ CEO Maxime Saada emphasized the group’s focus on user convenience:

“We want to make it as easy and enjoyable as possible for our subscribers to access great content from around the world — alongside locally produced shows and sports coverage.”

This integrated platform aims to compete directly with global streaming giants such as Netflix and Disney+, while maintaining MultiChoice’s strong presence in African markets.

A Shift in Viewing Habits

The move also reflects a broader industry trend — the shift from traditional satellite TV to on-demand streaming. By combining MultiChoice’s established African footprint with Canal+’s financial strength and content library, the merged group seeks to capture both the local and global streaming audience.

Showmax, already repositioned as a major streaming player in Africa, is expected to play a central role in this digital strategy. Analysts view the consolidation as a critical step in modernizing MultiChoice’s business model to meet the changing habits of viewers across the continent.

Outlook: A New Era for African Entertainment

Canal+’s full acquisition of MultiChoice marks more than a corporate merger — it represents the fusion of African storytelling and European scale. The partnership promises expanded production investment, stronger technology infrastructure, and broader international exposure for African content.

As the companies begin integrating platforms and operations, all eyes are on the rollout of the “super app,” which could redefine how millions of viewers access entertainment across continents.

Conclusion: With Canal+’s global resources and MultiChoice’s deep local roots, the newly combined entity is poised to become a dominant force in international broadcasting and streaming. This deal not only reshapes Africa’s media landscape but also positions the continent as a central player in the next phase of global entertainment innovation.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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