Raids and court convictions have occurred in the Western Cape as MultiChoice targets illegal streaming operations.
Browsing: Canal+
Canal+ shares plunged 23.5% after MultiChoice subscriber losses and a grim revenue outlook rattled investors.
Canal+ has called Showmax an “expensive failure” whose closure will help accelerate cost savings at MultiChoice.
Canal+ has struck deals with Google and OpenAI to bring generative AI to its production teams and streaming app.
Canal+ is heading to the JSE by mid-2026 – and is betting big on Africa to drive future growth.
Canal+ is investing €100-million to fix MultiChoice – but a continued subscriber exodus shows righting the ship won’t be easy.
Canal+ is expected to lay out its strategy for MultiChoice and DStv when it reports results on Wednesday.
MultiChoice will discontinue Showmax, drawing a line under one of Africa’s most ambitious streaming experiments.
DStv subscribers will not face a price increase in April, marking a significant strategic shift under new owner Canal+.
MultiChoice Group CEO David Mignot has confirmed big decisions are coming soon regarding the loss-making Showmax.