During a briefing on Wednesday, CEO Calvo Mawela made the announcement.
MultiChoice has announced that it will not be renewing ANN7’s contract when it expires in August.
During a briefing on Wednesday, CEO Calvo Mawela said they made mistakes in the past and added there was no corruption.
“Mistakes were made, with regards to lobbying process and failure to do due diligence, but there was no evidence of corruption or illegal activity.”
The announcement comes after the DA said an investigation by the Independent Communications Authority of South Africa (Icasa) was underway.
The party lodged a complaint with the authority in November in 2017. Icasa will be investigating MultiChoice over allegations of the payments made to the South African Broadcast Corporation (SABC) and ANN7.
It emerged that MultiChoice made the payment, allegedly in exchange for political influence over government policy on digital migration in its favour.