Canal+, busy with aggressive cost-cutting since it recently acquired Africa’s MultiChoice pay-tv group, is shuttering its loss-making and money-guzzling video streaming service Showmax that MultiChoice ran in partnership with NBCUniversal.
Variety has reliably learnt that Showmax will definitely be shuttered “soon” although a specific date isn’t yet available given a few remaining legal implications Canal+ and MultiChoice are sorting out.
Canal+ and MultiChoice confirmed the end of Showmax to Variety, saying there will be a “discontinuation of the Showmax service, following a comprehensive review of its streaming activities.”
MultiChoice launched Showmax across Africa 11 years ago in August 2015 to…
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‘ Some details of this article were extracted from the following source www.imdb.com ’
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