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NBCUniversal is planning to lay off dozens of employees as the African streamer Showmax shuts down
Showmax was an "expensive failure," said Canal+, which owns 70% of the venture. NBCUniversal staffers were informed about the cuts on Wednesday.
MultiChoice has confirmed it is discontinuing Showmax after sustained annual losses, leaving South African subscribers and local productions in an uncertain position.
After an 11 year run, Showmax will cease to exist, soon. When exactly the streaming service with ties to MultiChoice will shutter isn’t exactly clear, per an email sent out to subscribers on Thursday ...
Over the past three years, Showmax recorded trading losses of R8.7 billion, with a R1.2 billion loss in 2023, R2.6 billion in 2024 and R4.9 billion in 2025.
MultiChoice will replace Showmax with the Canal+ app, ensuring a seamless transition for subscribers and addressing significant financial losses.
Killing Showmax betrays African viewers. Losing affordable PL sports and hits like The Real Housewives leaves a void global apps won't fill.
MultiChoice, part of Canal+ SA, has announced it will discontinue Showmax after a strategic review found the streaming platform’s mounting losses unsustainable in an increasingly competitive global ...
The discontinuation of Showmax signals a significant shift in the South African streaming landscape, leaving fans to ponder the fate of local productions and the future of digital content.
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