Canal+ acquired the 30% stake in Showmax held by Comcast’s NBCUniversal before shutting down the streamer.
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Comcast plans to split into two companies through a spinoff of Sky and former Showmax shareholder NBCUniversal.
Once positioned as Africa’s answer to Netflix, the homegrown streaming pioneer fades to black tonight.
Many DStv subscribers never watch sport. The cross-subsidy funding SuperSport is getting harder to sustain.
Canal+ is expected to lay out its strategy for MultiChoice and DStv when it reports results on Wednesday.
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.
MultiChoice is at an inflection point, and the new board will be judged quickly on whether it can deliver a credible turnaround.
Showmax will be putting the live-streaming capabilities of its new platform to the test next weekend.
Premier Soccer League football is coming to Showmax – no DStv subscription required for on-device mobile consumption.