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Canal+ acquires MultiChoice Group for $3bn

The acquisition, which gives Canal+ the remaining 55% stake it did not previously own, was approved by South Africa’s Competition Tribunal on Wednesday, July 23.

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South Africa’s Competition Tribunal has approved Canal+’s takeover of of MultiChoice Group. Canalplus calls it a “hugely positive step forward.”

Multichoice Group, the parent company of DStv and GOtv, was bought at $3 billion (approx. 55 billion rand) deal by Canalplus.

The acquisition, which gives Canal+ the remaining 55% stake it did not previously own, was approved by South Africa’s Competition Tribunal on Wednesday, July 23.

The approval comes after months of intense negotiations and regulatory reviews, and paves the way for the deal to be finalized by October 8, 2025.

While the Tribunal gave the green light, it imposed several public interest conditions to protect local content and maintain South Africa’s media sovereignty.

For Canal+, the deal represents a major strategic expansion into Africa’s booming media and entertainment market.

Already operating in 25 African countries with over eight million subscribers, Canal+ is now positioned to significantly scale up its presence, targeting 50 to 100 million subscribers across the continent in the coming years.

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Entertainment

Rema to release new single ‘Oh No’ Friday

`Oh No’ adds to Rema’s growing catalogue of Afrobeats and Afrofusion sounds, following his recent musical exploits.

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Afrobeats star Rema is set to release his new single, ‘Oh No’, on Friday.

The singer announced it in a post on his X account, sharing a video of himself seated in a car and simply writing, “Oh No out this Friday.”‘

‘Oh No’ adds to Rema’s growing catalogue of Afrobeats and Afrofusion sounds, following his recent musical exploits.

The Mavin Records star, who continues to gain international recognition, is known for hit songs including ‘Calm Down’, his global collaboration with Selena Gomez, and tracks from his 2024 album, HEIS.

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Ikenga becomes highest-grossing Igbo film of all time

The film was directed by Darlington Kelechi and features Pete Edochie, Nkem Owoh, Kanayo O. Kanayo, Patience Ozokwo, Zubby Michael, Beverly Osu, Jide Kene Achufusi, Regina Daniels and Destiny Etiko.

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Ikenga: The Last Festival has crossed the N75 million mark at the Nigerian box office and is now the highest-grossing Igbo title of all time.

The film was directed by Darlington Kelechi and features Pete Edochie, Nkem Owoh, Kanayo O. Kanayo, Patience Ozokwo, Zubby Michael, Beverly Osu, Jide Kene Achufusi, Regina Daniels and Destiny Etiko.

FilmOne Entertainment, announced the milestone on Monday in a post on X, revealing that the film has also maintained its position as the highest-grossing Nollywood film for three consecutive weeks.

The latest milestone marks another major step in the film’s cinema run, which has seen it maintain strong audience interest since opening nationwide in August.

FilmOne said the film’s performance reflects the strong response it has received from moviegoers since its release.

The distributor also thanked audiences who have supported the film, crediting moviegoers for helping drive its performance at the box office.

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Nollywood actress Atinuke Kareem dies of breast cancer

In the release signed by the state Public Relations Officer, Femi Solaja, on behalf of Ajasa, the association expressed deep appreciation to colleagues, fans, and well-wishers who provided financial and moral support during the actress’s medical battle.

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The Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN) Ogun State Chapter, has announced the death of Nollywood actress Atinuke Kareem.

She died as a result of breast cancer.

The news of her passing was officially announced on Tuesday by her colleague and the Executive Governor of TAMPAN Ogun State, Owolabi Ajasa, via an official statement posted on his Instagram page.

The statement was accompanied by a video clip of Kareem seeking support and prayers during her battle with breast cancer, highlighting the physical toll of the illness on her.

“I’m a breast cancer patient. It has been going on for a while. My family has spent a lot of money; I’ve come to seek help. The association I belong to, TAMPAN, has tried too, but it’s not enough,” Kareem said in the video.

” Don’t allow me to die this way; I have two young children. Nigerians, please help me with any amount you can use to help.”

In the release signed by the state Public Relations Officer, Femi Solaja, on behalf of Ajasa, the association expressed deep appreciation to colleagues, fans, and well-wishers who provided financial and moral support during the actress’s medical battle.

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