MultiChoice has unveiled a significant retention strategy as it prepares to shutter the Showmax platform on April 30, 2026.
Canal+ will launch its flagship over-the-top (OTT) platform, the Canal+ app, in South Africa to replace Showmax.
MultiChoice has announced the discontinuation of Showmax, the end of one of Africa’s most ambitious and expensive digital experiments.
Canal+ has addressed the financial challenges facing Showmax, admitting that the streaming platform has failed to achieve commercial success.
MultiChoice reports a significant 44% increase in Showmax subscribers just over a year after the video streaming service's relaunch.
MultiChoice and NBCUniversal Media have jointly provided $145 million (approximately R2.7 billion) to Showmax Africa Holdings.
Showmax is set to make its live-streaming debut next weekend by broadcasting a live performance by Grammy-winning Amapiano star, Tyla.
Showmax has partnered with QVWi, the largest Google TV partner globally, to launch a new range of streaming devices and 4K TVs.
In a move to support its growth strategy, Showmax, Africa's leading streaming service, is adjusting prices starting in August 2024.
Showmax reached a significant milestone, with revenue of R1 billion for the financial year, a 22% increase compared to the previous year.
MultiChoice is considering the introduction of an ad-supported tier for Showmax, according to CEO Marc Jury.
Showmax and MTN SA are collaborating to bring three new bundled offerings to local Mzansi customers, available from 12 February 2024.
