MultiChoice
South African based satellite TV company in Sub-Saharan Africa / From Wikipedia, the free encyclopedia
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Multichoice is a South African company that operates DStv, a major satellite television service in Sub-Saharan Africa, and GOtv, a minor service operating in over nine countries of this area and Showmax service. MultiChoice was formed out of the subscriber-management branch of the M-Net terrestrial pay television company, and broadcasts the full range of M-Net channels on the DStv service. MultiChoice is owned by the media conglomerate of the same name. One of the subsidiaries of MultiChoice is DStv Now, renamed as DStv App, a service that delivers television transmission to mobile devices such as laptops, smart phones and notebooks.[2]
Formerly | M-Net Subscription services division |
---|---|
Company type | Public |
JSE: MCG | |
Industry | Broadcasting Pay television |
Predecessor | M-Net |
Founded | 9 November 1994; 29 years ago (1994-11-09) |
Headquarters | Ferndale, , |
Areas served | Sub-Saharan Africa Cape Verde Madagascar |
Products | Satellite television |
Brands | DStv GOtv Showmax SuperSport M-Net BetKing (49%) |
Revenue | $48 bn[1] (2023) |
$7.8 bn (2023) | |
Total assets | $14 bn (2023) |
Owner | Groupe Canal+ (Vivendi) (41.59%) Allan Gray (3.95%) The Vanguard Group (2.58%) |
Website | MultiChoice website |
Formerly, MultiChoice had operations in the Scandinavian, Benelux, Italy, Eastern Europe, Greek & Cypriot regions under the Filmnet TV service, Egypt under CNE (Cable Network of Egypt), Middle East under Gulf TV and Arab Radio and Television Network & Thailand under UBC (United Broadcasting Corporation).
In 2020, MultiChoice had a total subscriber base of 20.1 million viewers throughout Africa, and Naspers asserted that MultiChoice was one of the fastest growing pay-TV operators globally.[3][4][5]