Telecom

Warner Bros., Canal+ Talks on South Africa Deal Stall

The MultiChoice Group headquarters in Johannesburg.

Photographer: Waldo Swiegers/Bloomberg

Talks between Warner Bros. Discovery Inc. and Canal+ SA about renewing a content agreement for South African pay-TV operator MultiChoice Group have stalled over price, according to people familiar with the matter.

The agreement that includes access to channels such as CNN International and Cartoon Network is now in jeopardy, said the people who asked not to be identified as the information isn’t public. Negotiations halted last week and have yet to restart, the people said.