Raids and court convictions have occurred in the Western Cape as MultiChoice targets illegal streaming operations.
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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.
Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.