Pan-African Pay-tv operator, Multichoice, has notified its shareholders of grim full-year results citing tough macroeconomic conditions and a $190.5 million (R3.6 billion) foreign exchange loss from Multichoice Nigeria.
French broadcasting group Canal+ has acquired more shares of Multichoice Group, bringing its total shareholding in the company to 40.01%.
Infinix Nigeria, a leading smartphone brand, has announced its partnership with Showmax, Africa’s leading streaming service.
Africa's leading pay TV company, MultiChoice Group, and U.S. media powerhouse Comcast's NBCUniversal Media are set to embark on a significant investment journey, funneling around $177 million into Showmax's video streaming platform this year.
The Chief Executive Officer of Multichoice West Africa, John Ugbe, has said that Africa’s contribution to the global creative economy valued at $2.2 trillion currently stands at 1%.
In a world of endless entertainment options, streaming services have become the dominant platforms for viewers seeking fresh and diverse content.
ShowMax vs Netflix is a battle David will lose to Goliath
