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flag Canal+ cuts jobs and shuts Showmax in Africa after acquiring MultiChoice, aiming for profitability by 2026.

flag Canal+ is restructuring its African operations after acquiring MultiChoice, cutting jobs via voluntary severance in support roles and shutting down the Showmax streaming service to cut losses. flag Despite a 6% revenue drop and subscriber decline to 14.4 million in 2025, the company plans to invest €100 million in Africa to boost sales, simplify offerings, and expand distribution. flag It expects €250 million in cost synergies by 2026 and aims to stabilize the business, with a projected EBIT of €170 million in 2026 despite a €140 million loss. flag The group is also preparing to list on the Johannesburg Stock Exchange.

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