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Formerly | M-Net Subscription services division |
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Company type | Public |
JSE: MCG | |
Industry | Broadcasting Pay television |
Predecessor | M-Net |
Founded | 9 November 1994 |
Headquarters | Ferndale, , |
Areas served | Sub-Saharan Africa Cape Verde Madagascar |
Products | Satellite television |
Brands | DStv GOtv Showmax (70%) SuperSport M-Net BetKing (49%) |
Revenue | R$48 bn[1] (2023) |
R$7.8 bn (2023) | |
Total assets | R$14 bn (2023) |
Owner | Groupe Canal+ (Vivendi) (45.2%) Allan Gray (3.95%) The Vanguard Group (2.58%) |
Website | MultiChoice website |
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 Stream, formally DStv Now then DStv App, a service that delivers television transmission to mobile devices such as laptops, smart phones and notebooks.[2]
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]
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