Latest news of acquisition

Following the unconditional R35 billion takeover, Canal+ appoints David Mignot as CEO, Nicolas Dandoy as CFO, Maxime Saada becomes Chair, and Calvo Mawela takes role of Chair of Canal+ Africa.

The broadcaster secures majority ownership of Glasgow-based Firecrest Films, a BAFTA-winning indie with nearly 100 staff and six projects in the pipeline for Amazon Prime Video, as part of its Fast Forward strategy to expand IP ownership and revenue diversification.

As the FCC clears the acquisition, Skydance pledges political viewpoint diversity, eliminates DEI policies, and commits to bias oversight. Paramount co-CEO Chris McCarthy to exit following merger finalization.

The ZAR125-per-share takeover offer was jointly announced by Canal+ SA (LSE: CAN) and MultiChoice Group on the Johannesburg Stock Exchange’s Stock Exchange News Service, marking a key regulatory milestone ahead of the 8 October 2025 long-stop date.

Talks signal further consolidation in Hollywood as Legendary evaluates Lionsgate’s studio assets amid divestiture plans.