SuperSport TV will remain the official broadcast rights holders until the end of the 2023/24 PSL season, after the two parties agreed on a new five-year deal.
The league opened a bidding process for broadcasters across sub-saharan Africa to win a tender for the rights to the Absa Premiership, MTN8, Telkom Knockout and Nedbank Cup, with the MultiChoice group coming out tops.
"PSL is delighted to continue its special relationship which has existed over a 10-year period and has seen the Premier Soccer League grow into a world class product," reads a statement from PSL chairman Irvin Khoza.
"We feel the relationship has resulted in tangible benefits for the Premier Soccer League, its clubs, players and South African football generally."
SuperSport TV's chief executive Gideon Khobane added: "We are delighted to have been successful with our bid. The decision allows us to further entrench an outstanding soccer product in the hearts and minds of supporters across the continent.
"We must thank and acknowledge the PSL for entrusting us with their product. Having recently celebrated our 10-year partnership with the PSL, this is a tremendous opportunity to further help grow and nourish the sport.
"This agreement will do much for South African football, for footballers and indeed their families. We will continue to walk this amazing path with the PSL. SuperSport looks forward to an enduring partnership with the PSL."