Published by Global Banking & Finance Review®
Posted on March 5, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleMultiChoice, now part of Canal+, is discontinuing its Showmax streaming service across Africa due to unsustainable annual losses, but no job cuts will occur and investment in premium content for MultiChoice subscribers will continue.
March 5 (Reuters) - MultiChoice, part of the Canal+ entertainment group, said on Thursday it was discontinuing Showmax streaming services across its business regions in Africa.
"The substantial annual losses experienced by the Showmax business have proved unsustainable," the companies said.
The decision will not involve any job cuts, Canal+ said, adding it would continue to invest in premium content for MultiChoice subscribers across the African continent.
(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)
MultiChoice is discontinuing Showmax due to substantial annual financial losses that have proved unsustainable.
No, the decision to shut down Showmax will not involve any job cuts, according to Canal+.
Yes, Canal+ said it will continue investing in premium content for MultiChoice subscribers across Africa.
The discontinuation affects all business regions in Africa where Showmax was operating.
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