MultiChoice CEO Calvo Mawela has revealed plans for a potential $3bn merger with French media company Canal+, owned by Vivendi SE, to help the African TV company compete with global streaming giants like Netflix. In an interview with Bloomberg TV on Thursday, Mawela explained that the merger, pending regulatory approval, would combine MultiChoice’s strong presence [...]The post MultiChoice eyes $3b merger with Canal+ appeared first on The Guardian Nigeria News - Nigeria and World News.
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