Canal+ Expands African Media Footprint with MC Vision Acquisition
Tech In Africa | Sylvia Duruson - Aug 16, 2024

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- Canal+ acquires majority stake in MC Vision, increasing ownership from 37% to 75%.
- Canal+ has been actively pursuing opportunities in Africa, acquiring ROK Studios in Nigeria and expanding in Rwanda.
- Canal+ holds a 45.2% stake in MultiChoice Group after a series of incremental increases in ownership.
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Canal+'s acquisitions in Africa demonstrate its commitment to establishing a strong presence in the continent's media markets. By leveraging existing infrastructure and market knowledge, Canal+ aims to capitalize on the growing demand for diverse content. The company's expansion may lead to increased investment in African-produced content and open new distribution channels for local creators.
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