Showmax was an "expensive failure," said Canal+, which owns 70% of the venture. NBCUniversal staffers were informed about the cuts on Wednesday.

Estimates suggested that Showmax had overtaken Netflix’s 1.8 million African subscribers by the end of 2023, reaching 2.1 million users, and continued growing after its relaunch in February 2024. The ...

Canal+, busy with aggressive cost-cutting since it recently acquired Africa’s MultiChoice pay-TV group, is shuttering its ...

Canal+ has made a big early decision as the new owner of MultiChoice by axing loss-making streamer Showmax. The decision ...

Canal+'s announcement that it's pulling the plug on MultiChoice's Showmax has upset Africa's creatives and content producers.

The decision reflects a focus on "financial discipline and investment optimization in an increasingly competitive and capital-intensive global streaming environment." ...

MultiChoice Group says it plans to discontinue Showmax, it’s streaming platform, as part of a broader review of its digital strategy. The development ...

March 5 (Reuters) - MultiChoice, part of the Canal+ entertainment group, said on Thursday it was discontinuing Showmax ...

Media company MultiChoice Group has announced plans to shut down its streaming service Showmax, bringing an end to one of Africa’s most ambitious video-on-demand platforms after 11 years of operation.

EXCLUSIVE: The latest original from African streamer Showmax, sci-fi drama The Fix, will open MIP Africa. This marks the third year in a row a Showmax original has opened the event, which is an ...

But the group, 70 percent owned by South African pay-TV giant MultiChoice and 30 percent by Comcast's NBCUniversal, had forecast a bigger loss and grew its revenue 22 percent. By Georg Szalai Global ...

Showmax subscribers may no longer find payment for their subscriptions difficult as the outfit has simplified the process with Baxi by Onafriq partnership. The deal will see mostly Nigerian ...