US EditionCanal+ concedes Showmax 'not a commercial success'
11 Articles
11 Articles
The French group expects EUR 400 million of synergies by 2030 after its acquisition of MultiChoice, formalized in September. Renegotiation of supplier contracts, all-out commercial expansion and recovery of Showmax are the cornerstones of this strategy.
Le Figaro
NotreTemps.comMultiChoice is the leader in pay television in English- and Portuguese-speaking Africa, and Canal+ was already dominant in the continent's French-speaking markets.
The Canal+ audiovisual group plans to save more than 400 million euros per year from 2030, thanks to the synergies of costs allowed by the acquisition in September of MultiChoice, a South African television and streaming giant, he said on Thursday. In addition to these savings, the group relies on "the growth potential of the African market" to reach in the long term "50 to 100 million subscribers". Since the acquisition of MultiChoice, it has c…
The famous channel launches a new flash offer. It will offer cheap access to all football matches that Canal+ holds the rights to.
Canal+ Deems Showmax Unsuccessful, Cuts Funding After MultiChoice Buy
A rather candid assessment of its new African acquisition sees French media giant Groupe Canal+ declaring MultiChoice-owned streaming platform Showmax commercially unsuccessful while planning to significantly cut investment, pivoting a multi-billion-dollar deal toward cost savings rather than digital growth. The move follows Canal+ gaining control of the MultiChoice Group in a USD 3 B deal finalised in September 2025. Canal+ CEO Maxime Saada ann…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
