MultiChoice CEO Calvo Mawela is advancing a $3 billion partnership with Vivendi’s Canal+ to challenge streaming giants like Netflix and Amazon in Africa.
The deal combines MultiChoice’s English-speaking market dominance with Canal+’s French-speaking stronghold, promising better content deals, expanded reach, and competitive streaming offerings. Mawela’s vision signals a transformative step in Africa’s entertainment landscape.
This collaboration is expected to enhance MultiChoice’s ability to secure more competitive content rates, ultimately boosting revenues and delivering enriched entertainment offerings.
source: https://www.bloomberg.com/news/articles/2024-11-14/multichoice-ceo-says-he-needs-3-billion-canal-deal-to-beat-netflix-in-africa
