Showmax was an "expensive failure," said Canal+, which owns 70% of the venture. NBCUniversal staffers were informed about the cuts on Wednesday.
Canal+, busy with aggressive cost-cutting since it recently acquired Africa’s MultiChoice pay-TV group, is shuttering its ...
Showmax launched in August 2015 as MultiChoice's answer to the growing wave of international streamers — Netflix, Amazon Prime Video, etc. — that were slowly eating into its pay-TV subscriber base ...
Canal+ has made a big early decision as the new owner of MultiChoice by axing loss-making streamer Showmax. The decision ...
The South African on MSN
Showmax is coming to an END – here’s why…
Multichoice has pulled the plug on streaming service, Showmax. Here's everything you need to know about ...
Business Insider Africa on MSN
Canal+ shuts down Showmax after $522million losses at MultiChoice
French media giant Canal+ has labelled African streaming platform Showmax an “expensive failure” after deciding to shut down ...
MultiChoice, part of CANAL+, will be shutting down its Showmax service, as the “substantial annual losses experienced by the ...
Canal+’s African Pay-TV Giant MultiChoice Pulls Plug on Streamer Showmax Amid “Unsustainable” Losses
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 ...
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