MultiChoice Group has officially announced the discontinuation of Showmax, signalling the end of one of Africa’s most ambitious and expensive digital experiments. The decision brings a definitive close to a platform that launched in 2015 and underwent a massive, high-stakes relaunch in 2024. Ultimately, Showmax failed to achieve commercial viability in a landscape defined by…
MultiChoice Group has announced it will discontinue Showmax, drawing a line under one of Africa’s most expensive and ambitious streaming experiments. The decision brings to an end a platform that was launched in 2015 and relaunched at enormous cost in 2024, and which ultimately failed to achieve commercial viability in a market defined by low…
MultiChoice Group said it will shut down its streaming platform Showmax after 11 years of operation as the company reviews its digital strategy. The decision was communicated to subscribers in an email on Thursday. The company said the move follows a review by the Showmax board. “Following a comprehensive review, the Showmax Board has taken…
MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron For the first time in many years, DStv subscribers will not face a price increase in April – a significant strategic shift under new owner Groupe Canal+ as the pay-television operator battles to arrest years of punishing subscriber losses. In a wide-ranging interview with TechCentral on…
MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron For the first time in many years, DStv subscribers will not face a price increase in April – a significant strategic shift under new owner Groupe Canal+ as the pay-television operator battles to arrest years of punishing subscriber losses. In a wide-ranging interview with TechCentral on…
Canal+ outlined the first benefits of its acquisition of MultiChoice, pointing to Africa as the main source of cost savings and growth. The deal was completed on Sept. 22, 2025. Speaking to investors on Jan. 29, Canal+ Chairman Maxime Saada said the group expects more than €400 million of EBITDA synergies and about €300 million…
Following its landmark acquisition of MultiChoice Group, French media giant Canal+ is exploring a major shift in how African viewers access content. The company is considering deploying its all-in-one streaming application to MultiChoice’s vast customer base in Southern and Eastern Africa, potentially bringing global partnerships with Apple TV+ and HBO Max under a single interface….
Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth ambitions. In a statement released on Thursday, Canal+ said the combined group is targeting run-rate cost synergies of more than €400-million at earnings before…
MultiChoice listed on the JSE in February 2019. Video entertainment group MultiChoice is preparing for a new chapter, as it moves towards delisting from South Africa’s stock exchanges, following Canal+’s successful takeover. The shift marks one of the most significant shake-ups in the country’s media and broadcasting landscape in years, signalling the end of MultiChoice’s…
The acquisition by Netflix of big chunks of Warner Bros Discovery in a US$72-billion megadeal could hardly have come at a worse time for MultiChoice Group. Reuters reported that Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $83-billion (including debt), a deal that would hand control of one…
