Canal+ is also looking at possibly launching its self titled streaming service in MultiChoice markets which would bundle Netflix and Apple TV.
The problem part as outlined would be Showmax and during that briefing it was revealed that Canal+ would be reducing its investment toward the streamer. They've even held various talks with Comcast about the future of the brand.
One of which could include a possible sale of the brand to Comcast's NBCUniversal after acquiring a 30% stake. Another could be Canal+ acquiring the remaining stake and phasing it out for its self titled streaming service although it may seem unlikely.
In the event, NBCUniversal does look to acquire the remaining 70% which seems possible as Canal+ talked about selling none-core assets. It's likely that a licensing agreement between them and MultiChoice would be put in place for local content.
Canal+ plans to sell MultiChoice content even to the likes of Netflix which they deem a partner. Under the Nasper era,
What to me would be unknown is whether Showmax as a brand would continue to operate in Africa under that trademark or fold under Peacock as seen in the US and select international markets.
There's literally nothing stopping NBCUniversal from retaining the Showmax trademark as Canal+ has already begun the due diligence. Several original shows like Youngins and Die Kantoor their windows between DStv has been shortened.
Another is the international deals, Canal+ got out of renewal talks with Warner Bros. Discovery which saw consumers lose out on HBO content. If I had to guess, the next victim to all of these cuts within Showmax will be that Premier League subscription.
Canal+ could redirect this efforts back to DStv Stream.
If NBCUniversal is looking to acquire Showmax, HBO may not be the only thing to get reduced even content from Sony, Paramount and AMC will see radical declines. As NBCUniversal can use this buyout to expand its own catalogue instead.
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