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MultiChoice to shut down Showmax in 2026 due to losses, merging services into one platform.
MultiChoice, now owned by French broadcaster Canal+, has announced it will discontinue its Showmax streaming service due to unsustainable annual losses, despite its investment of over R3 billion since 2023.
The decision, made after a strategic review, reflects a shift toward financial discipline and consolidation of digital offerings into a unified in-house platform.
No job losses are expected, and current subscribers can continue using Showmax without interruption.
The company confirmed ongoing investment in premium content, technology, and partnerships, with future services to be announced.
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MultiChoice cerrará Showmax en 2026 debido a las pérdidas, fusionando servicios en una sola plataforma.