As Canal+ takes control of MultiChoice, the end of the African streaming service highlights growing fears that South African storytelling is becoming dependent on foreign media giants
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 market; but jobs are safe
Africa’s biggest pay-TV operator is battling subscriber loss, inflation in key markets, and competition from online entertainment leaders
The payTV giant is facing a steep decline in subscribers, falling by nearly half a million
M&A activity in South Africa experienced a sharp decline in 2023 and a rebound in 2024 is only plausible after the elections
If the biggest-ever media deal in Africa is successful, a French billionaire with a track record of buying media to promote far-right ideologies will have access to tens of millions of African homes
The certificate underscores its steadfast dedication to supporting and amplifying local content, talent and industries
Multichoice has elected to enter the burgeoning sports betting market