The decision comes barely seven months after French media giant Canal+ completed the acquisition of MultiChoice Group, the platform’s parent company.
Showmax, a leading African video-on-demand streaming
service, has announced the discontinuation of its streaming platform.
The company,
launched in 2015 and majority-owned by MultiChoice, disclosed this in an email
sent to its subscribers on Thursday.
The statement partly read: “This decision reflects our focus on strengthening our overall digital offering and ensuring long-term sustainability in an increasingly
competitive streaming environment.“Importantly,
at the moment, there will be no interruption to your current service. You can
continue streaming as usual, and no action is required from you at this time.”
Investment
The company also reiterated that
streaming remained central to its overall strategy.
It added that it would continue to
invest in content, technology, and strategic partnerships to strengthen its
services.
The company further
expressed appreciation to its subscribers for their continued support.
“We understand that this news may
raise questions. Showmax subscribers are a priority for us, and we are working
on plans to ensure clear communication and a smooth transition when the time
comes. We will share further details well in advance, including timelines and
any future steps, should they be required.
“Streaming remains central to our
strategy. We will continue to invest in premium content, technology innovation
and partnerships to deliver the best possible entertainment experience to our
customers,” said the company.
Enter
Mo Abudu
Reacting to Showmax’s closing of its
streaming service, Nigerian media mogul and philanthropist, Mosunmola “Mo
Abudu” Abudu, stated that it’s time for Nigeria to build its own platform.
She added that she believes Nigerians
are capable of building a streaming platform, noting that the future is in
Nigerians’ hands.
The 61-year-old in a statement posted
on her Instagram page urged Nigerians to build streaming platforms with
confidence, collaboration, and belief.
She added that she sees the streaming
platforms shutting down and increasing their subscription as an opportunity
rather than a challenge.
The CEO and Founder, EbonyLife Group
said, “I know many of you have heard the news about platforms like Showmax
closing and have seen other streamers reduce their investment across the
continent. Let me say this with complete sincerity. No one is coming to save
us. It is up to us to build sustainable business models that truly work for our
market. It is still very early days for the new indigenous Nigerian streaming
platforms that have launched recently.
“At EbonyLife ON Plus, we are
committed to doing everything we can to grow and strengthen our platform. We
understand that it is a long journey and we are prepared for the work and
patience it requires. We are a continent rich in culture, tradition, and powerful
stories. We must learn from global success stories, adapt what works, and
create our own pathways because that is exactly what others have done.”
Backstory
The decision by Showmax to halt its
streaming service comes barely seven months after French media giant Canal+
completed the acquisition of MultiChoice Group, the platform’s parent company.
This newspaper reported that
Canal+ Chief Executive Officer, Maxime Saada, subsequently announced a new
board to oversee the broadcaster following the buyout, which was valued at R35
billion ($2 billion).
The company
stated that it planned to implement new strategies aimed at positioning the
group among the leading players in the global entertainment industry.
Through the
transaction, Canal+ also sought to strengthen its footprint in Africa’s pay-TV
market by leveraging MultiChoice’s operations across 50 countries on the
continent.
This newspaper reported that
Canal+ received approval from the Competition Tribunal of South Africa in July
2025 to proceed with the acquisition, subject to agreed terms and conditions.
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