Showmax was an "expensive failure," said Canal+, which owns 70% of the venture. NBCUniversal staffers were informed about the cuts on Wednesday.

Most of the country’s large banks have offered prepaid Showmax vouchers on their mobile apps for several years.

The Competition Commission monitors compliance conditions related to Canal+’s acquisition of MultiChoice, including looking ...

Following Canal+'s decision to discontinue Showmax, Parliament's Portfolio Committee on Communications and Digital ...

Estimates suggested that Showmax had overtaken Netflix’s 1.8 million African subscribers by the end of 2023, reaching 2.1 ...

Canal+ has made a big early decision as the new owner of MultiChoice by axing loss-making streamer Showmax. The decision ...

MultiChoice launched Showmax across Africa 11 years ago in August 2015 to compete with the advent of streamers like Netflix, ...

NBCUniversal is announcing a round of layoffs.

MultiChoice, part of Canal+, will discontinue its Showmax streaming platform in Africa due to unsustainable losses. No job ...

The decision reflects a focus on "financial discipline and investment optimization in an increasingly competitive and capital ...

MultiChoice Group says it plans to discontinue Showmax, it’s streaming platform, as part of a broader review of its digital ...

Canal+'s announcement that it's pulling the plug on MultiChoice's Showmax has upset Africa's creatives and content producers.