Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
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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.
Showmax has partnered with South African consumer electronics manufacturer QVWi to launch new streaming hardware.
In rejecting Groupe Canal+’s bid, MultiChoice Group made a rather interesting remark to investors on Monday.
A deal will be exceptionally difficult – if not impossible – to get over the line. So, why is Canal+ pursuing control of MultiChoice?
MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
MTN South Africa has announced aggressively priced data plans aimed at supporting MultiChoice’s newly relaunched Showmax.