DStv Removes Cheapest Package from Website Amid Canal+ Restructuring

The removal of DStv's cheapest online package, coupled with the Showmax shutdown, signals Canal+'s aggressive strategy to rationalize MultiChoice's portfolio and focus on profitable subscriber segments. This directly impacts market penetration at the lower end and pushes growth towards DStv Stream, aligning with broader industry trends towards digital-first offerings. Competitors will be watching how this shift affects DStv's overall subscriber numbers, especially in price-sensitive African markets. A key indicator to watch will be MultiChoice's next quarterly report for subscriber churn rates across various tiers and DStv Stream adoption.

Canal+ recently listed its ordinary shares on the Johannesburg Stock Exchange (JSE) on June 3, 2026, marking a significant step after its full takeover of MultiChoice Group Limited, which delisted from the JSE on December 10, 2025 (JSE SENS, May 2026; Canal+ Group, June 2026). This secondary listing fulfills a commitment made during the acquisition and allows South African investors to trade Canal+ shares locally, while the company retains its primary listing in London (Business Insider Africa, June 2026). The JSE listing positions Canal+ as the first French company to list on the exchange, reinforcing its dual-continental strategy across Europe and Africa (Canal+ Group, June 2026). While the listing provides regulatory finality to the acquisition, analysts are focused on Canal+'s ability to reverse MultiChoice's subscriber declines, which saw 1.2 million fewer subscribers in 2025 due to economic pressures and increased streaming competition (Business Insider Africa, June 2026). Canal+ has allocated $115 million for a turnaround strategy and anticipates cost savings from integrating the two businesses.