Canal+ is investing €100-million to fix MultiChoice – but a continued subscriber exodus shows righting the ship won’t be easy.
Browsing: ShowMax
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.
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.
As television turns 50 in South Africa, streaming, smartphones and social media are redefining how content is created and consumed.
What does the deal between Netflix and Warner Bros Discovery mean for MultiChoice and its new owner, Canal+?
Groupe Canal+ aims to use group synergies to deal with the ongoing subscriber losses afflicting MultiChoice.
Canal+ has secured 94.4% of MultiChoice Group’s issued shares following the close of its mandatory offer to shareholders.
MultiChoice is at an inflection point, and the new board will be judged quickly on whether it can deliver a credible turnaround.