Showmax - eriinfo

Showmax struggles to perform, restructuring looming

eriinfo.com4 hours ago03 mins

Groupe Canal+ CEO Maxime Saada has candidly addressed the financial challenges facing Showmax, admitting that the MultiChoice-owned streaming platform has failed to achieve commercial success. During a recent investor call following Canal+’s acquisition of MultiChoice, Saada noted that the service has been a significant financial drain, losing substantial capital over the past several years. Read:…

Showmax subscriber growth soars after relaunch

eriinfo.com8 months ago03 mins

MultiChoice reports a significant 44% increase in Showmax subscribers just over a year after the video streaming service’s relaunch, despite its withdrawal from countries outside Africa. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Physics turning lead into gold! Showmax 2.0, a joint venture between MultiChoice (70% share) and Comcast’s NBCUniversal (30%), rolled out in…