MultiChoice sees highest new subscriptions in a decade

French media and entertainment company Canal+ says MultiChoice delivered a standout month in June, with the highest new subscriber uptake in a decade.

Canal+ took control of MultiChoice in September last year. By March it had announced plans to pump €100 million (nearly R2 billion) to turn the battling African pay-TV company around.

In its 2026 half-year results released in a Sens on Tuesday, the company said the turnaround strategy was yielding positive results.

Read: How Canal+ will turn around battling MultiChoice

This includes a stronger content offering, securing long-term rights to the Premier Soccer League in South Africa and Men’s 2027 and Women’s 2029 Rugby World Cups across sub-Saharan Africa.

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So far, subscriber acquisition shot up 40% compared to the first half of 2025 in MultiChoice countries, where South Africa stood out.

Its total subscriber base climbed more than 8%.

“Following the acquisition of MultiChoice, our increased scale is starting to deliver the benefits we expected. We have achieved half of our €250m synergies target and remain well on track for the year, and we confirm our full-year and medium-term guidance,” said group CEO Maxime Saada.

The group’s total revenue increased by 40% to €4.3 million in the period under review. It said the increase primarily reflects the consolidation of MultiChoice.

Read:
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Adjusted earnings before interest and tax (Ebit), excluding MultiChoice was up 13% driven by operational improvements.

It added Europe benefitted from improvements in France, including a systematic review of costs in 2025. Africa and Asia adjusted Ebit up 9% excluding MultiChoice, driven by revenue growth in pay-TV.

The strong earnings report boosted the share price for Canal+, which has a secondary listing on the JSE main board (1pm).

Read:
Canal+ makes strong JSE debut after MultiChoice deal
RWC will be on SuperSport, and we didn’t cancel Winter Olympics – Canal+ CEO

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