MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
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Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
MultiChoice Group still holds WWE broadcast rights, despite Netflix acquiring them in some international markets.
MTN South Africa has announced aggressively priced data plans aimed at supporting MultiChoice’s newly relaunched Showmax.
Senior counsel for eMedia Holdings and MultiChoice Group battled it out at the Competition Tribunal on Thursday.
The acrimonious battle between eMedia and MultiChoice over sports rights goes to the Competition Tribunal on Thursday.
The new Showmax, which MultiChoice unveiled on Monday, will cost R89/month, from R99/month previously.
The newly launched Showmax follows in DStv’s footsteps by turning to sport as drawcard to lure subscribers.
Top Sky executive Andrea Zappia has been named chairman of MultiChoice Group-owned Showmax.
SuperSport has acquired the rights from New World TV after being beaten across the line by the SABC.