Canal+ to Shut Down Showmax After MultiChoice Acquisition

Canal+ has announced plans to discontinue the Showmax streaming service after its acquisition of MultiChoice, as reported by Variety. The decision, made by the Showmax board, is part of a broader strategy to enhance financial discipline and cut costs, with an aim to save $400 million by 2030.

Although a specific shutdown date has not been announced, the move reflects the challenges Showmax has faced in achieving subscriber growth targets despite significant investments in content and technology. Canal+ acquired control of MultiChoice in September 2025 and has begun rebranding Showmax's original content across its television channels.

Importantly, the shutdown will not result in job losses, as the takeover agreement prevents staff retrenchment for three years. Canal+ continues to invest in premium content and technological innovations to strengthen its position in the African entertainment market.