Broadcasting | Columns | Comcast | MultiChoice | NBCUniversal | Netflix
Showmax beat Netflix and still failed
This is the real reason Showmax failed and Canal+ has to shut it down.
Auto Added by WPeMatico
This is the real reason Showmax failed and Canal+ has to shut it down.
Nearly three years ago, MultiChoice said its strategy was to transform its video streaming service into its growth engine, a gambit which has spectacularly failed.
DStv could lose as many as 16 channels on New Year’s Day, unless it can resolve an impasse surrounding a distribution agreement with a major partner.
Canal+ is working with advisers on the potential purchase of Comcast’s 30% stake in Showmax.
MultiChoice customers can expect an influx of new content on DStv following the company’s takeover by French media giant Groupe Canal+.