MultiChoice is shutting down its streaming platform, Showmax, after eleven years of operation. The decision taken by the ...
The chaos and uncertainty at MultiChoice has heightened after word that the entertainment giant will soon shut down its ...
Streaming platform Showmax is set to shut down after years of mounting losses, as parent company MultiChoice and new owner Canal+ rethink their streaming strategy across Africa.
MultiChoice evaded questions about its tax rates and why equity holders took a R258 million loss while the non-controlling interest holders enjoyed R313 million from its profit for the period.
This is according to research by Dataxis.com, a company that tracks the TV, OTT, telecom, media and digital industries every quarter to cover more than 50 markets, 200 countries and over 4,000 players ...