Canal+ Shutters MultiChoice's Showmax Streaming Service in Post-Acquisition Cost-Cutting

Canal+, following its recent acquisition of Africa's MultiChoice pay-TV group, is shutting down the loss-making video streaming service Showmax. Showmax was operated by MultiChoice in partnership with NBCUniversal. According to reliable information, the service will be closed "soon," though a specific date is not yet available due to remaining legal implications. The decision is part of Canal+'s aggressive cost-cutting measures after the acquisition. The streaming service has been described as a money-guzzling operation, and its closure marks a significant strategic shift for the newly combined media entity in the African market.