By JKNewsMedia FRENCH MEDIA conglomerate Canal+ has finalised its acquisition of MultiChoice Group in a transaction valued at $3 billion, gaining full ownership of the South African pay-TV operator and its flagship platforms DStv and GOtv. According to a joint statement issued on Monday, the transaction has become unconditional following appr...
By Jemimah Wellington, JKNMedia Reporter THE COMPETITION and Consumer Protection Tribunal (CCPT) dismissed the case challenging MultiChoice Nigeria’s subscription price hike. Festus Onifade, the claimant, withdrew his case against the company Onifade, who filed the lawsuit to oppose the price increase, decided not to continue. He argued ...
By Joke Kujenya AMID WIDESPREAD speculation, MultiChoice has clarified recent misinformation regarding its subscription pricing in Nigeria. Contrary to circulating reports suggesting a rollback to previous subscription rates due to a court order, MultiChoice affirms that subscription fees remain unchanged. Instead, the company has reduced the ...
By Joke Kujenya FOLLOWING A court mandate, MultiChoice, the company behind DStv and GOtv, has rolled back its recent subscription price hikes. This decision comes in the wake of a legal ruling that found the earlier price increases to be unwarranted, which had led to a significant exodus of subscribers, especially in Nigeria. The company [&hel...
By Joke Kujenya MULTICHOICE NIGERIA Limited’s bid to prevent the National Broadcasting Commission (NBC) from requesting financial, accounting, or tax documents has been limited and blocked by the Federal High Court in Abuja. Justice James Omotosho, in his ruling on the ex-parte motion filed by MultiChoice’s counsel, Moyosore Onigbanjo, S...
