Canal+ And PPF Considering Viaplay Takeover After Building Up Stake At Pay-TV Company

Canal+ and PPF are considering a joint move that would bring Viaplay into private ownership, according to a Bloomberg report.

The move would mark the next stage in the Nordic streaming group’s post-recapitalisation reshaping. The two companies already hold roughly 29.3% each of Viaplay following the Swedish broadcaster’s 2024 rescue recapitalisation, meaning they already control close to 60% of the company between them.  

Neither Canal+, PPF nor Viaplay has commented publicly on the report. Viaplay has spent the past two years rebuilding after its near-collapse, with Canal+ and PPF emerging as cornerstone shareholders through the SEK 4 billion (€0.36 billion) recapitalisation completed in early 2024.  

Any deal would come against a backdrop of a sharp recovery in Viaplay’s market value from distressed levels, even if the stock remains far below where it traded before the crisis. 

Viaplay’s footprint today centres on the Nordics, the Netherlands and Poland, while the company has been focusing on profitability and simplification. It withdrew from a number of territories, including the UK, where it sold the former Premier Sports business back to its original owners.

Its latest full-year results, published on 19 February, also reflected the acquisition of the remaining shares in Allente, underlining that the group is still in active portfolio and ownership transition.  

Canal+ To Shutter Showmax Streaming Service By The End Of April As Content Moves To DStv Stream

Showmax has today confirmed key dates marking the end of the streaming service that has operated across 44 markets in Sub-Saharan Africa for the past 11 years.

In an email sent to subscribers on Wednesday evening, the platform outlined a phased wind-down of its current service, with 31 March 2026 set as the final day for subscription renewals and voucher redemptions. From 1 April 2026, new subscriptions and renewals will no longer be available.

Existing subscribers will continue watching content until their subscription expires, or until the end of April 2026, whichever comes first.

This new update provides the clearest consumer-facing timeline yet, following the announcement roughly two weeks ago that Canal+ would shut down Showmax, citing “unacceptable” losses at the African streamer as it sought cost-saving measures.

That announcement sent shockwaves across the industry, from Nairobi to Lagos to Johannesburg, with filmmakers and actors raising concerns over the loss of a key African platform that had, for over a decade, commissioned and amplified local storytelling at scale.

At the same time, the announcement was also met with uncertainty, particularly due to the absence of a clear shutdown timeline or transition plan for subscribers.

Even now, some subscribers have already begun expressing frustration over the short transition window. “It’s really annoying how little time is left,” one subscriber and regular Showmax viewer said in a WhatsApp message.

Showmax Originals will now move to DStv Stream, positioning it as MultiChoice’s central hub for streaming offering, at least for now.

“Showmax is starting a new chapter, and your favourite shows are getting a shiny new home on DStv Stream,” the company said in the email.

But the language used in the communication also suggests that there is more to come. In stating that the content will join “a bigger world of entertainment, all in one place,” MultiChoice hints at a broader consolidation strategy — one that could see Canal+ and MultiChoice’s currently fragmented digital products folded into a more unified streaming ecosystem. There have been reports that Canal+ is exploring a single “super app”, one to rule them all, though this remains unconfirmed at this stage.

In the meantime, it remains unclear whether Showmax users will be migrated to DStv Stream, and what that process would look like in terms of pricing, packaging and access, especially given the current price disparity between the two services. 

The company says further details on how subscribers can continue “enjoying Showmax Originals and more” on DStv Stream will be shared soon.

For now, it’s confirmed without a doubt that Showmax is entering its final weeks.

Parliament Looking To Intervene In Canal+'s MultiChoice Decision To Discontinue Showmax

Parliament's Portfolio Committee on Communications and Digital Technologies is planning a special oversight visit to the broadcasting sector following Canal+'s announcement to discontinue its unprofitable streaming service, Showmax.

This decision comes after Economic Freedom Fighters (EFF) MP Sixolise Gcilishe contacted the committee chairperson, Khusela Sangoni-Diko, regarding the shutdown. Launched by MultiChoice in 2015, Showmax has been a platform for African films and TV series, available in at least 44 African countries.

"MultiChoice, part of CANAL+ SA ... today announces the forthcoming discontinuation of the Showmax service," Canal+ said in a statement.

"The substantial annual losses experienced by the Showmax business have proved unsustainable."

Gcilishe had requested that MultiChoice (Pty) Ltd provide an update to the committee on the termination of the Showmax platform, the associated job losses, and the prospects for local productions.

“This decision raises significant concerns relevant to our committee's responsibilities, particularly regarding the support of the local creative industry, job retention, and adherence to transformation goals within our digital economy. 

“Showmax has been crucial in contributing to our national identity and pushing the South African narrative by providing a platform for local producers, actors, writers and technical teams,” Gcilishe said.

“Any significant corporate changes by a major entity like MultiChoice will likely result in job losses, affecting not just the company but also the wider creative sector, including writers, directors, editors, and freelance workers reliant on streaming services for income.”

Gcilishe asked that MultiChoice be prepared to address the following specific topics in their presentation:

• the definitive timeline and rationale for ending or restructuring Showmax,

• a thorough assessment of the potential job losses, both at MultiChoice and within the wider film and television industry, and

• The future of existing Showmax Original productions and their accessibility to South African viewers.

Sangoni-Diko said that the matters Gcilishe raised are significant to the stability of South Africa’s creative economy and the sustainability of local content production.

“It is for this reason that the committee had already initiated engagements with key entities with a view to inviting them to account to Parliament.

"The Independent Communications Authority of South Africa (ICASA) and the Competition Commission are scheduled to brief the committee on 17 March 2026 on the regulatory conditions, public interest commitments, and compliance requirements linked to the final approval of the Canal+ acquisition of MultiChoice,” Sangoni-Diko said.

“Following this, the committee is working on scheduling a special oversight visit to the broadcasting sector on 31 March and 1 April 2026, covering eTV, MultiChoice, and other commercial broadcasters,” she said.

Paramount Buys Out Tyler Perry’s Stake in BET+, Plans To Fold It Under Paramount+

Paramount Skydance has acquired Tyler Perry’s stake in BET+ and will fold it into Paramount+ at the beginning of June.

Perry had held a 25 percent stake in BET’s streaming service since 2019. Now, the more than 1,000 hours of content on BET+ will move to Paramount+.

Perry is still under an overall deal with BET Media Group that will run through 2028. He will continue delivering content to BET and now Paramount+.

In an internal memo, Louis Carr, president of BET Networks, said, “As we continue to drive BET’s growth, our stories have to live in more places. Beginning in June, we are expanding our reach by making Paramount+ the new home for BET+ content. This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before.

“Paramount+ will bring global fans over 1,000 hours of iconic series, films, originals and cultural touchstones that reflect the full spectrum of the Black experience, including hits like The Ms. Pat Show, All The Queen’s Men, Zatima, Average Joe and Diarra from Detroit. Our celebrated Black storytelling will live alongside Paramount’s premium series, sports, specials and films, where it will be clearly branded, prominently featured and easy to find in the BET Hub.”

Canal+ Aiming To Launch Showmax Replacement App Under DStv Stream In MultiChoice Markets

Canal+ unveiled its financial year results ending 31 December 2025 and gave some indicators on what awaits MultiChoice after completing it's acquisition last year. 

As reported earlier in the month, Showmax will be shutting down its operations after 11 years. The news doesn't come as a surprise and it was long speculated after MultiChoice shortened the window for shows exclusively for Showmax through DStv. 

Now the French giant plans to use to the existing footprint of DStv Stream to expand its streaming endeavours in MultiChoice territories. This service has already been active in 25 African countries and will likely go live by the end of 2026.

“As you know, this was a severely loss-making activity on which we saw no recovery, no matter what was done,” the CEO said.

Saada explained that Canal+ quickly came to an agreement with Comcast to shut down Showmax as soon as possible, but said he couldn’t share details on the negotiations.

During their financial year presentation, Canal+ confirmed that Comcast was on board with the decision to end it's joint venture for Showmax. Of course, they didn't want to divulge on the details except promising enhancements to DStv Stream.

Saada explained that Canal+ quickly came to an agreement with Comcast to shut down Showmax as soon as possible, but said he couldn’t share details on the negotiations.

They also plan to migrate existing Showmax customers to DStv Stream and have shows like Die Kantoor and Youngins accessible to viewers.

What is currently unknown is when this service will be released but it's likely slated for 2026 considering that Showmax will be discontinued in the "near future" according to their release.

Of course another challenge would be the pricing because consumers were billed R45 to R99 monthly for Showmax while Premium subscribers got it at no additional charge. Under DStv Stream, the price range for affected content is over R400 per month.

Canal+ Announces Plans To Deploy OpenAI To Its Streaming App, Forms Partnership With Google Cloud

Enhanced Canal+ App Experience With OpenAI Technology

Starting June 2026, CANAL+ will roll out a major evolution of the CANAL+ App using the technology from OpenAI to power content search and discovery. This new feature represents a major breakthrough in delivering a more intuitive, intelligent, and personalized user experience - a world first innovation in the entertainment industry that further confirms CANAL+’s position as a pioneer and consistent trend setter.

The CANAL+ App will offer a uniquely enhanced search experience that goes beyond traditional keyword based queries. Thanks to OpenAI frontier models, subscribers will be able to express what they want to watch in their own words - based on their preferences, their mood, or even spontaneous curiosity - and receive tailored content suggestions that truly meet their expectations.

Whether a subscriber types “I would like a comforting romantic comedy” like BRIDGET JONES: MAD ABOUT THE BOY, “an epic historical series” like KING & CONQUEROR or “something lighthearted, fun and entertaining to watch” like LOUPS-GAROUS into the search bar, the CANAL+ App will be able to suggests tailored content that matches subscribers’s queries.

Deploying OpenAI is a natural continuation of CANAL+’s long-standing tradition of pioneering innovations that shape the future of entertainment experiences. Just as CANAL+ pioneered the ability to watch the best content all in one place with its aggregation strategy in 2019, and was the first to offer a content viewing experience in connected vehicles in 2024, this collaboration continues to redefine how its subscribers access and enjoy entertainment.

Maxime Saada, CEO of CANAL+ : “We are delighted to collaborate with OpenAI, one of the world’s leading artificial intelligence companies, to enhance the entertainment experience of our 40 million subscribers. This collaboration is part of CANAL+’s long-standing tradition of innovation and its commitment to continuously reinventing entertainment. Today, our subscribers already access the very best international and local content on the CANAL+ App. With this technological collaboration, we are proud to take a major leap forward, redefining how audiences discover content.”

Ashley Kramer, VP of Enterprise of OpenAI : “People increasingly expect technology to understand them the way they naturally express themselves. By bringing OpenAI into the CANAL+ App, subscribers can describe exactly what they feel like watching. It’s a great example of how advanced AI can make everyday entertainment experiences simpler, more intuitive, and more personal.”

CANAL+ will use Google Cloud’s AI technology to optimize content discovery and propel video creativity

CANAL+ and Google Cloud have announced a new multi-year partnership focused on artificial intelligence. Starting in June 2026, CANAL+ will deploy Google Cloud’s latest generative AI technologies across European and African markets where the CANAL+ App is available, unlocking a new era of creative possibilities for the group.

Tailor made entertainment experience fueled by Google Cloud content video Indexing

Using Google Cloud’s technologies, CANAL+ will accelerate the content video indexing of its extensive content library. The new content classification will provide the global media and entertainment group with an in-depth multimodal database combining sound, video, and text data. This increased granularity in content classification will enable smarter, more personalized content recommendations on the homepage of the CANAL+ App, matching each subscriber’s preferences according to their viewing habits. This will make it easier than ever for subscribers to discover even more content they love on CANAL+.

CANAL+’s multimodal database of video content paves the way for a wide range of opportunities - from enhanced content discovery to entirely new business models.

A new creative frontier fueled by innovation and faster experimentation cycles

CANAL+ will also leverage Veo3, Google’s new genAI video technology to provide its production partners and creative teams with tools that will unlock the creative ambitions of their talent, for instance, previsualizing a scene before shooting it or recreating historical moments from a single archival photo.

The partnership guarantees a very secure technical environment, where rights, assets ownership are deeply protected. Using these tools & platform, CANAL+’s partners will have full control of their production, of their editorial decision, with opportunities to try new approach while ensuring cost control, thanks to significantly shorter experimentation cycles.

This secure technical platform and tools will be made available to production who wish to use it in films supported by CANAL+.

Stéphane Baumier, Chief Technology Officer of CANAL+ : “We are pleased to leverage Google Cloud’s most advanced AI technologies to drive CANAL+’s technical innovation. Building on a long-standing collaboration with Google, this strategic partnership paves the way for limitless possibilities. Content video indexing for CANAL+ at scale gives the group a significant edge, notably by enabling us to deliver sharper discovery and truly enhanced personalized journeys on the CANAL+ App across all our markets. Creativity is the cornerstone of CANAL+’s content production. We are excited to push creative boundaries by providing creators with tools that enable AI-generated video scenes, impossible to produce using traditional methods.”

Matt Renner, President, Chief Revenue Officer of Google Cloud : "The entertainment industry is at a pivotal inflection point where the intersection of creativity and compute power defines market leadership. Our deepened collaboration with CANAL+ is a testament to a shared culture of relentless innovation. By leveraging Google Cloud’s generative AI technologies, CANAL+ is not just adopting tools; they are architecting the future of media and fundamentally transforming the entertainment landscape on a global scale.”

Development Alert: eVOD Originals uMbali And Splintered Pieces Resurface On Openview

eMedia Investments had added the first seasons of uMbali and Splintered Pieces to eSeries on weeknights at 22:15 and 22:45 respectively. The latter was produced for eVOD and eMedia Investments had limited it's reach to Openview.

Following eVOD's rollout in the market, eMedia Investments had been giving some of its content an open window on their other platforms. But for shows like uMbali and Splintered Pieces, e.tv had been struggling to accommodate these shows.

They attempted to have it take up the timeslot of the Sunday movie block on e.tv and with minimal success for its movie offering. eMedia Investments decided to yank it to weeknights at 22:00 and that too had a limited run.

Now they've limited it's reach to Openview instead of allocating it on eExtra since it's also available on DStv or try to accommodate these shows on e.tv a lot better. One of the two would have helped these shows get more ad revenue compared to eSeries.

Synopsis for uMbali

Mbali is a "beguiling beauty queen" who uses her looks and street smarts to climb the social and economic ladder. After her boyfriend is arrested and her family loses their primary financial support, she vows to do whatever it takes to escape her circumstances.

Her pursuit of "the good life" leads her to steal husbands and boyfriends, creating a trail of enemies. She eventually finds what she believes is true love with her sister's fiancé, Peter, but her past and relentless ambition constantly threaten her safety and the lives of those around her.

Synopsis for Splintered Pieces 

The series explores the lives of two friends caught in a web of secrets and blurred boundaries. It focuses on Linda, a successful therapist who is bored in her relationship with her boyfriend, Paul.

On her birthday, Paul throws a surprise party where Linda meets and sleeps with a photographer named Jade. The situation becomes more complicated when Linda also sleeps with Tebello, the husband of her best friend Tshepi.

Tshepi is struggling with infertility, and when Linda falls pregnant, the paternity of the baby is unclear. A DNA test eventually confirms Tebello is the father, leading to a heartbreaking arrangement where Linda gives the baby to Tshepi and Tebello to raise as their own. 

DStv Stream Expected To Merge Into Showmax Replacement App

Canal+ is planning to launch its own streaming service in MultiChoice markets as consumers bid farewell to Showmax. Further content from the service will now be redirected to M-Net, Mzansi Magic and KykNET.

Canal+'s streaming service which might fold under DStv Stream, viewers get to watch live TV and content on demand. They plan is to also utilise other apps such as Netflix and Amazon Prime Video with VIU likely to form part of this duo.

This was a feature MultiChoice made exclusive to Explora Ultra and since Canal+ takeover in late 2025, the company is cleaning house. They already scrapped M-Net's contract with HBO as well as that of SuperSport for the Winter Olympics.

In October 2025, Canal+ leadership indicated plans to merge DStv Stream, Showmax, and the Canal+ app into a single "super app" to combine content and reduce costs. As seen already, Showmax with all that Comcast filter is going out the window.

As mentioned, Canal+ will likely use the existing footprint of DStv Stream to expand its streaming ambitions as opposed to starting from scratch. It fits well with the company's structure on having the same content viewed across multiple platforms.

Of course, the problem part of retaining the DStv structure would be costs as Showmax would give you the freshest content for under R99 while on DStv you need at R500. Unless Canal+ has a backup plan consumers might not be persuaded by this.

But then again, MultiChoice was in discussion about possibly unbundling it's DStv offering with SuperSport serving as an add-on or standalone package. This would take the strain off paying R1000 for the full package.

Canal+ had deployed similar mechanisms in France where consumers would pay for select content and with the MultiChoice deal these endeavours are expected to accelerate.

‘Garfield’ Animated Series Ordered By Paramount+ With Lamorne Morris Voicing Famous Orange Cat

Garfield is making a TV return. Paramount+ has picked up a new original 2D-animated series featuring the iconic lasagna-loving orange cat, voiced by Emmy-winning actor-comedian Lamorne Morris (New Girl, Fargo).

Tentatively titled Garfield, the series, from Nickelodeon Animation Studios, is inspired by Jim Davis’ original comic strip and features the chonky feline at his finest, most sarcastic and lackadaisical. Dave H. Johnson (Middlemost Post) and John Trabbic III (SpongeBob SquarePants, Middlemost Post) serve as executive producers.

This pickup of Garfield, which is currently in production, brings to an end the project’s lengthy road to the screen. It started back in 2019 — two Paramount mergers and regimes ago — when Nickelodeon’s then-parent Viacom acquired the IP to the cartoon from owners Paws and announced the development of a new Garfield animated series.

Under the agreement, Paramount predecessor Viacom also took over managing the global merchandising rights to the property. Since then, the Garfield character has been integrated into the Paramount Products & Experiences portfolio across categories spanning apparel, toys, publishing, food, pets and more, including such Nickelodeon game franchises as All-Star Brawl and Kart Racers, in which the Mondays-loathing cat was voiced by Frank Welker.

Meanwhile, the animated series has taken awhile to come together, spending seven years in development and production.

It is the first Garfield animated series since Paws’ 2009 The Garfield Show, which ran for five seasons on Cartoon Network/Boomerang in the U.S. with Welker voicing the title character.

Separately, there is Alcon/Sony’s Garfield 3D CGI animation feature franchise with Chris Pratt as the voice of the tabby cat. The first film, The Garfield Movie, was released in 2024; plans for a sequel, with Pratt reprising his role were announced last year. It is moving forward.

Since its launch in 1978, Davis’ syndicated comic strip has chronicled the life of the eponymous cat, his owner Jon Arbuckle and Odie the dog, as well as various friends. The brand currently counts over 200 million daily comic readers and millions of social media followers.

Garfield marks the latest new series pickup at Paramount+ by the streamer’s new post Skydance-Paramount merger team led by Cindy Holland, Paramount’s Chair of Direct-to-Consumer, and Paramount+‘s Head of Originals Jane Wiseman.

In the kids and family space, it joins the recently ordered animated series The Elephant & Piggie Show! and The Pigeon Show! Starring the Pigeon from Mo Willems’ Hidden Pigeon Company.

From Nickelodeon Animated Studios, Paramount+ has the upcoming film The Legend of Aang: The Last Airbender, originally targeted for a theatrical release, and the 2D series Avatar: Seven Havens, ordered by Nickelodeon a year ago, both with Nick Animation banner Avatar Studios.

On the live-action side, over the last few months, Paramount+ has ordered legal drama Discretion starring Nicole Kidman and Elle Fanning, as well as limited series 9/12, headlined by Jeremy Strong, and Fear Not, starring Anne Hathaway. The streamer also formalized the pickup of Tulsa King spinoff Frisco King, toplined by Samuel L. Jackson, which had been in the works as NOLA King.

While original drama series is Paramount+’s focus on the live-action side, it plans to be opportunistic in unscripted, starting with the pickup this week of dating show Making Love. The streamer also has the upcoming four-part docuseries Made for March designed to complement CBS and Paramount+’s 2026 March Madness basketball coverage.

Morris has a history sharing the screen with a feline; his character on New Girl Winston Bishop was known for his close bond with his beloved cat, Ferguson.

An Emmy for his role on Season 5 of FX’s Fargo, Morris will next be seen starring opposite Nicolas Cage in Prime Video’s Spider-Noir and is currently in production on Jumanji 4. He also co-hosts The Lamorning After podcast with Kyle Shevrin and the New Girl rewatch podcast, The Mess Around, with former castmate Hannah Simone. Morris is repped by CAA, Entertainment 360 and Myman Greenspan.

Canal+ Axes MultiChoice Streamer Showmax

Canal+, busy with aggressive cost-cutting since it recently acquired Africa’s MultiChoice pay-TV group, is shuttering its loss-making and money-guzzling video streaming service Showmax that MultiChoice ran in partnership with NBCUniversal.

Variety has reliably learnt that Showmax will definitely be shuttered “soon” although a specific date isn’t yet available given a few remaining legal implications Canal+ and MultiChoice are sorting out.

Canal+ and MultiChoice confirmed the end of Showmax to Variety, saying there will be a “discontinuation of the Showmax service, following a comprehensive review of its streaming activities.”

MultiChoice launched Showmax across Africa 11 years ago in August 2015 to compete with the advent of streamers like Netflix, Apple TV, Amazon’s Prime Video, Disney+ and others which all became available on the continent and started biting into MultiChoice’s legacy pay-TV subscriber base.

Two years ago, in February 2024, MultiChoice, in partnership with Comcast’s NBCUniversal, relaunched Showmax, utilizing the technology behind the Peacock streaming service.

Millions of dollars were poured into the retooling of Showmax’s IT-platform and on content spending to boost the pan-African streamer in its fight against Netflix but it ultimately proved fruitless.

MultiChoice and NBCUniversal roughly poured a combined $309 million in equity funding into Showmax to primarily fuel content creation, but nothing came of the aggressive growth and subscriber uptake targets MultiChoice executives had promised investors before it relaunched.

Looking to shave a combined 400 million euro by 2030 in cost-cutting, including content cuts from the combined Canal+ group, the underperforming and money-guzzling Showmax is the latest victim of Canal+’s rightsizing at MultiChoice.

NBCUniversal has a 30% stake in Showmax as a joint venture. In its last annual results before the Canal+ takeover, MultiChoice revealed that Showmax’s trading losses had worsened by 88% while revenue significantly declined.

According to the company, “The decision to axe Showmax was made by the Showmax board and reflects the continued focus of MultiChoice, a Canal+ company, on financial discipline and investment optimization, in an increasingly competitive and capital-intensive global streaming environment.”

Since Canal+, as part of its agreement to take over MultiChoice, isn’t allowed to get rid of any staff for a period of three years, MultiChoice won’t let any Showmax staff go but will reassign them to other positions within the broader company.

“The decision to discontinue Showmax services will not involve any retrenchments. The group will be engaging and supporting employees through various transition options,” it told Variety.

MultiChoice has already started to quietly rebrand Showmax Originals as Africa Magic, M-Net, kykNET and Mzansi Magic Originals, with original series that will transition to these various DStv linear TV channels on MultiChoice pay-TV platform.

Showmax’s closure comes two years after Amazon MGM Studios shocked Nigeria and South Africa’s creative community in January 2024 when it abruptly announced that it would immediately stop commissioning any new local original content in Africa, and also killed already-existing development deals with a dozen production companies.

In January, during an investors’ call, Maxime Saada, Canal+ CEO, said that Showmax was “not a commercial success” and that its failure as a streaming service was “quite obvious.”

Saada also said that a decision about Showmax’s future would be made soon and that a reduction in the Showmax budget, which has been a huge financial drain on MultiChoice, would contribute significantly to Canal+’s overall cost-cutting goals.

Canal+ says it will “continue to invest in premium content for MultiChoice subscribers, technological innovation and strategic partnerships to consolidate its leadership in the African entertainment market.”

“Further details regarding our expanded content offering and platform upgrades will be shared in due course. We want to reassure our Showmax subscribers that they are our priority as we evolve our services to deliver a superior streaming experience.”

In June, Canal+ and Netflix announced a strategic distribution agreement for Francophone Africa with a new partnership through which Canal+ became the first operator to bundle Netflix subscriptions into its traditional pay-TV offering across 24 Sub-Saharan African countries.

Insiders told Variety that instead of wasting further money through trying to compete with Showmax as a struggling stand-alone streamer, Canal+ is likely to expand its partnership and roll out this Netflix-bundling into the rest of Africa.

An award-winning South African director-producer who has made several series and films for MultiChoice under the Showmax banner, told Variety the end of Showmax is a sad day for South African filmmakers since it closes yet another avenue to showcase work and earn a living in an industry undergoing tumultuous change.

“Showmax was one of the only platforms available to us that was willing to back stories that were bold and authentic in a market that has traditionally always played things safe,” the filmmaker said.

“From ‘Koek’ to ‘Adulting,’ ‘Spinners’ to ‘Catch Me a Killer,’ ‘Khaki Fever’ to ‘Youngins,’ ‘Wyfie’ to ‘Dam,’ these are films and series which would never be created by rival platforms or broadcasters. Losing Showmax is a huge blow to the local industry and audiences, with Canal+ giving us very little to hope that they will fill that gap with anything of value.”

“If 2026 is the Year of the Horse, it feels like this one is getting sent to the factory to be turned into glue and cheap pies.”

Canal+ is scheduled to report its next set of financial results on March 11. This will be the first full-year combined results since the group took effective control of MultiChoice in September 2025.

Beginning April 1, 2026, Netflix Will Start Streaming WWE Across Germany, Switzerland, Austria And Africa

Netflix had begun sending notice to various consumers in Germany, Switzerland, Austria and Africa informing them about the inclusion on WWE and it goes as follows:

Beginning April 1, 2026, Netflix will be the new exclusive home of WWE in your region.

Netflix brings WWE's electrifying content all to one place, including weekly shows, RAW, SmackDown and NXT, PLUS Premium Live Events (PLEs) such as WrestleMania, Royal Rumble, and SummerSlam.

Many of WWE's top moments, along with historic PLEs and select programming, are available on Netflix, including WrestleMania 42, which emanate live from Las Vegas, Nevada on Saturday, April 18 and Sunday, April 19. Don't miss the "Best in the World" CM Punk as he goes head-to-head against "The OTC" Roman Reigns for the World Heavyweight Championship.

If you're a Netflix subscriber, you're all set. If you are not a Netflix subscriber, you will need to subscribe so you don't miss a moment. We can't wait for you to experience WWE on Netflix.

For sometime, BILD and ProSieben MAXX served as the right holders for these events in Germany, Switzerland and Austria with SuperSport in Africa. This announcement means that these events will no longer be accessible on those outlets. 

However, we're still awaiting further comment from SuperSport about WWE's early induction onto Netflix. As the current deal, MultiChoice has with WWE was only set to expire in 2027.

After Canal+ acquired MultiChoice in 2025, Canal Afrique consumers gained access to SuperSport's expanded sports offering. This included Raw, SmackDown, NXT and premium events like Royal Rumble on the 24 hour WWE channel.

It could be that SuperSport (for now) still holds linear rights to the WWE as they never enforced those onto Showmax. Another could be that under Canal+, they opted to scrap the carriage deal as part of their cost cutting endeavours.

Netflix Backs Out Of Warner Bros. Bidding, Paramount Set to Win

In a stunning twist, Netflix is declining to raise its bid for Warner Bros., positioning David Ellison’s Paramount as the winner in the battle for the fabled studio.

Netflix co-CEOs Ged Sarandos and Greg Peters released a statement Thursday outlining their decision, namely that the the deal is “no longer financially attractive” and that it “was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.”

“The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid,” the co-CEOs said.

“Warner Bros. is a world-class organization, and we want to thank David Zaslav, Gunnar Wiedenfels, Bruce Campbell, Brad Singer and the WBD Board for running a fair and rigorous process,” they added. “We believe we would have been strong stewards of Warner Bros.’ iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the U.S. But this transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.

With Netflix out, Paramount’s latest bid is almost a sure thing to be accepted by the Warners board, which determined earlier Thursday that it was a “superior proposal” to Netflix’s deal.

PSKY’s latest proposal was for $31 per share, but had a number of other sweeteners, including a ticking fee payable to shareholders equal to $0.25 per quarter beginning after Sept. 30, 2026, as well as a $7 billion regulatory termination in the event the transaction does not close due to regulatory matters.

Paramount has also agreed to pay the $2.8 billion termination fee that Warner Bros. would be required to pay to Netflix to terminate the existing merger agreement.

If all goes as expected, Netflix will be on the receiving end of that $2.8 billion sooner rather than later. Netflix shares soared by more than 10% in after-hours trading after the decision was announced.

Sarandos and Peters say they will continue to pour cash into content:

“Netflix’s business is healthy, strong and growing organically, powered by our slate and best-in-class streaming service. This year, we’ll invest approximately $20 billion in quality films and series and will expand our entertaining offering. Consistent with our capital allocation policy, we’ll also resume our share repurchase program,” they said. “We will continue to do what we’ve done for more than 20 years as a public company: delight our members, profitably grow our business, and drive long-term shareholder value.”

Canal+ Confirms That Major Changes Are Coming Soon For Showmax, No Word On DStv Stream

Since Canal+'s acquisition of MultiChoice in late 2025, the French broadcaster has been slashing costs aiming for R7.5 billion in 2030. Most of these cuts will be coming out of M-Net, SuperSport, Showmax and DStv. 

David Mignot who served as the CEO for the merged group has admitted that it is a commercial failure. Despite MultiChoice attempts at revamping the service, trading losses for Showmax almost doubled in the last two years to R4.9 billion.

Talks were underway with Comcast in regards to the future of Showmax with the company that confirmed major changes are rolling out soon. From the looks of things, it appears as if they plan to either replace or close Showmax.

In an interview, Canal+ had stated that the company “can’t continue” operating the streaming platform as it is today. They're also exploring launching the self titled OTT service to the market but delays have occured due to Showmax.

Although the company has remained hush on what those changes for Showmax could as well be for consumers. One of which occured last month when The Gilded Age and Peacemaker exited the streamer as MultiChoice opted to scrap its HBO deal.

They had mentioned that further reductions are coming to Showmax and you can only assume this would have to do originals like Die Kantoor, Youngins and Outlaws.

It's possible that Canal+ decided to no longer produce original content for the platform and are letting these shows run its course. Let's remember, Canal+ has delayed contractual agreement for local content on M-Net's channels.

Prior to the delays, Canal+ had been widening the windows for these shows between Showmax and DStv. Post the takeover, DStv consumers had to wait several months for these shows and under Canal+ it only takes a couple of days.

Then there's the Premier League package which I can assume is also going away with further efforts being redirected to whatever comes of DStv Stream.

One thing that hasn't quite as yet been addressed by Canal+ is how DStv Stream would come into affect once it's streaming service enters the market. This yet to be launched service is just DStv Stream with additional enhancements.

For all we know, Canal+ could close DStv Stream and redirect viewers to its own streaming service and the same outcome could await Showmax.

Again maybe it's not all over for Showmax and Comcast opts to unburden MultiChoice of its duties. But the reality is this won't save "Showmax Originals" and Comcast could opt for a licensing agreement which is mainly for archived content.

eMedia Streaming Service eVOD Crosses 2.2-million Users

eMedia’s video-on-demand platform eVOD has surpassed 2.2-million registered users, the entertainment group announced.

South Africa has in recent years seen growth in the number of streaming services that have entered the market, including US players Netflix and Amazon Prime, as well as Hong Kong’s Viu, which has differentiated itself through local content. MultiChoice has also been investing heavily in the space and is home to three services — DStv, Showmax and Showmax Pro.

While video streaming is small in South Africa and the rest of Africa, the segment is growing. All the country’s big television broadcasters now offer online viewing options. EMedia has eVOD and the government-run SABC now streams its television and radio content through SABC Plus.

EVOD reached its latest milestone in the third quarter of 2025, “marking a significant milestone in its growth journey”.

EMedia established the service in October 2021 through a partnership with MTN, which offered special bundles to entice new sign-ups at the time. Since then the platform has recorded a 22% year-on-year increase in registrations, “reflecting continued audience adoption and engagement”.

EMedia, worth R1.4bn on the JSE, owns television and radio broadcasting businesses such as eNCA, OpenView and Yfm, with production studios.

The eVOD platform has more than 9,000 hours of content, with watch time increasing 56% in 2025 compared with 2024, “highlighting growing consumption across its content library”.

The company plans to launch five new original productions in 2026 to build on this momentum.

Over the past year, the platform has continued to evolve, introducing key features such as offline downloads and expanding accessibility through availability on Android and Hisense smart TVs.

Thapelo Ramatsui, brand manager for eVOD & local content at e.tv, said, “This milestone underscores eVOD’s long-standing commitment to providing authentic, relevant entertainment to South African audiences at no cost.”

“Over the past year, the platform has continued to evolve, introducing key features such as offline downloads and expanding accessibility through availability on Android and Hisense smart TVs.”

In the six months to end-September, the group reported an increase in other revenue, which includes eVOD, online and website sales, from R41.6m to R48.2m, a 16% jump year on year.

Yet, the segment is still the smallest component of group revenue, accounting for just 3.4% of the pie.

The eVOD growth comes while rivals are grappling with their own growth prospects.

MultiChoice’s new owner Canal+ is mulling the future of the unprofitable Showmax platform, which has to recover more than R3bn ploughed into it.

In October, Business Day reported SABC’s streaming platform had tripled its user base in less than a year to 1.5-million, growing well ahead of guidance, which had pegged 1-million users by 2027/28.

The state-owned company is also seeking to capitalise on its digital presence across channels such as Facebook, Instagram, TikTok and YouTube as part of a broader push to grow revenue from online sources.

Is Canal+ Looking To Sell Showmax?

Last month, Canal+ held a media briefing discussing various details about MultiChoice after completing it's acquisition of the company in late 2025. It was revealed that Showmax was losing a lot of money and are exploring options for the brand.

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.

Canal+ Looking To Launch It's Own Streaming Service In Place Of Showmax

Canal+ SA is considering deploying its streaming app, which includes deals with Apple TV and Warner Bros Discovery’s HBO Max, to clients of South African pay-TV operator MultiChoice Group, which the French firm bought last year.

“All of the content is embedded on the Canal+ app, and as a user, you do not have to go on another app,” chief financial officer Amandine Ferre said in an interview on Thursday.

Canal+ gained control of MultiChoice — part owner of streaming service Showmax with Comcast — late last year in a deal that valued the African platform at about $3 billion.

The Johannesburg-based firm’s operations are mainly in the south and east of the continent, as well as Nigeria and Ghana, while the French company already has a presence throughout francophone western Africa.

It hasn’t taken a final decision on what to do with Showmax — MultiChoice’s streaming offering — or on the roll-out of the Canal+ app to countries where MultiChoice operates, Ferre said.

Canal+ shares surged as much as 15% in London on Thursday and are at a record.

The combined entertainment platform will likely deliver more than €400 million in earnings before interest, tax and amortisation, and about €300 million in free cash flow cost savings by 2030, it said in a statement Thursday.

Canal+ is working to start growing MultiChoice’s subscriber numbers after the company lost almost 3 million customers over the past two financial years.

It has already renegotiated a contract for set-top boxes and has provided cheaper units since November, she said.

“We are really working on the entry ticket and the best packages, and making sure we have the best price,” said Ferre.

The combined entity has returned National Basketball Association content to the SuperSport offering after an eight-year break, and also added French Ligue 1 football matches to its platform.

MultiChoice was created by Cape Town-based Naspers.

In 2019, the company was spun off from Naspers and in 2024, Canal+ made a takeover approach. Its premium service is priced at about $60 a month.

Showmax Has Been Deemed As Unsuccessful, Canal+ Looking To Wind Down On Investments

Canal+ CEO Maxime Saada says MultiChoice’s streaming platform, Showmax, was not a commercial success and that the company will cut further investments into the service.

Speaking during Canal+’s presentation on cost-cutting targets following its acquisition of MultiChoice, Saada was asked about his company’s plans for Showmax.

“Showmax is not a commercial success. It’s quite obvious. There were a lot of dedicated investments on the marketing side, on the content side, on the technology side,” the CEO said.

“We are in a position to reduce those investments. They are included in the synergies. I won’t say how much, but it is significant.”

However, he explained that their strategy was all about growth. So, when making these decisions, Canal+ will be very careful to avoid losing potentially valuable subscribers.

“Although we are very quick at assessing the investments that we believe are required and those that are not. We are also very cautious not to negatively impact the top line,” Saada said.

“Otherwise, it would be like a bandaid we could rip off, but we are not going to do that. There was so much investment there that we had a lot of room to improve the situation.”

Groupe Canal+ gained control of the MultiChoice Group in September 2025, following a lengthy mandatory buyout process. The final phase of the transaction commenced on 13 October 2025.

MultiChoice first launched its Showmax streaming platform in 2015. However, it received significant upgrades and relaunched as Showmax 2.0 in February 2024.

The DStv-owner had high hopes for the revamped platform, pinning its entire future on it and telling investors that it expected to generate $1 billion (R15.7 billion) in net revenue in five years.

The first indications of MultiChoice’s plans for Showmax surfaced in March 2023, when it announced a deal that would give its streaming service access to the technology behind NBCUniversal’s Peacock.

The deal’s terms stipulated that MultiChoice would sell a 30% stake in Showmax to NBCUniversal and Sky.

Showmax 2.0

MultiChoice invested in marketing, technology, and new content for Showmax’s relaunch. MultiChoice announced three subscription plans for Showmax alongside its relaunch.

These are Showmax Entertainment, Showmax Entertainment Mobile, and Showmax Premier League. The latter is a mobile-only subscription providing access to all 380 English Premier League matches.

Showmax Entertainment offers content like series, movies, and kids’ shows. It is also available in a mobile-only format for a lower monthly fee.

Showmax’s relaunch included an expanded local catalogue, including 21 Showmax Originals from four African countries. It promised that 1,300 hours of new Showmax Originals would be released in 2024.

The company’s strategy aimed to leverage the African streaming market entering an anticipated boom phase, and position Showmax to become the continent’s leading video streaming service.

It highlighted that Africa is home to more than 450 million smartphone users and 250 million football lovers, which MultiChoice saw as a significant untapped market.

“It is critical that we make our move now before others reorganise themselves and make a play for Africa, which is seen as the last remaining growth market,” MultiChoice Group CEO Calvo Mawela said.

A year after Showmax’s relaunch, MultiChoice said it was seeing significant growth in its subscriber base, with the number of paying customers increasing 50% year-on-year by September 2024.

“It was a landmark year for Showmax, which grew its paying subscriber base, excluding discontinued services, by 50% year-on-year,” it said.

In its results for the period, the broadcaster said it expected the growth to accelerate as its strategic initiatives start to bear fruit.

“Showmax streamer was named Best Television/Streaming Network at The National Film and TV Awards South Africa and Entertainment App of the Year at the Stuff App Awards,” it added.

While the streaming platform recorded further year-on-year growth in the 2025 financial year, it hasn’t been the success that MultiChoice had envisioned.

The streamer recorded 44% year-on-year growth and said the number of Showmax Originals offered on the platform had increased to 89.

The revenue it generated during the financial year was approximately R750 million, and MultiChoice said its revenue growth was impacted by discontinued products, like Showmax Pro, ahead of the relaunch.

MultiChoice initially projected that Showmax would make trading losses, which would begin decreasing by the 2025 financial year. However, the opposite happened.

MultiChoice’s latest annual results showed that Showmax’s trading loss had worsened by 88% from R2.6 billion to R4.9 billion. At the same time, revenue also significantly declined.

“The increased trading losses reflect the start-up nature of the business, with a step-change in content costs and increased platform costs,” MultiChoice said.

“Its results were also impacted by discontinuation of the Showmax Pro and diaspora packages in 2H FY24, prior to re-launch.”

The Group also recognised a R1.5 billion net loss from Showmax in its bottom line for its last financial year. Considering it owns 70% of the platform indicates that its overall net loss was R2.15 billion.

More Mergers And Acquisitions On The Horizon

Since last year, MultiChoice now forms part of the Canal+ ecosystem after the French company managed to acquire full ownership of the brand. This has led to various enhancements like NBA on SuperSport and the expansion of Zacu TV to DStv.

Now, all eyes are on Warner Bros. Discovery whose entangled themselves in a feud with Paramount as Netflix serves as frontrunner for its streaming and studios company. 

Paramount wants to acquire the entirety of Warner Bros. Discovery who plan to form Discovery Global which houses all the cable networks. At the moment, we're just standing in the sidelines waiting to see how this matters continues escalating.

Below is other deals I believe consumers should be on the lookout for some could be speculated 

Warner Bros. Discovery

During the bidding process, Warner Bros. Discovery had stated they've got several solicited offers from potential buyers some like Netflix are in it for the studios. Then Paramount wants to buy the whole enchilada which would risk over $50 billion in debt.

Would you believe me if I said that shareholders at Warner Bros. Discovery can do without Paramount's offer?

Even if the Netflix deal fails, Warner Bros. Discovery can continue to split the company and look to sell the split parts and still make as much as Paramount's current offer which is $108 billion.

According to some insiders, Starz Entertainment and Standard General have both been eyeing Warner's cable networks. It should be noted that there's barely any overlap in assets making approval chances a lot higher.

It's clear here that both companies similar to Canal+ are trying to increase scale in a landscape ruled by social media and YouTube. They both lack broad appeal and Discovery Global gives them that advantage.

At the time news of their bids were made transparent it was stated that it was not applicable. That doesn't mean they're not interested, they're probably focused on the Netflix deal and will explore this at a later stage.

Paramount/NBCUniversal 

If Paramount is able to own CNN and Cartoon Network expect massive cost synergies amounting to possibly $5 billion. They'll be wasting over $100 billion to get what they want and in most M&As the acquiring company tries to recover those funds.

Some sources have indicated or speculated that if their bid fails to garner traction. The other option would be a possible buyout or merger with either Lionsgate and NBCUniversal.

NBCUniversal's owners Comcast served as another bidder for Warner Bros. Discovery whose plans included merging it with NBCUniversal. This was the only way they could get clearance for the deal as Trump dislikes the company's CEO and CNBC.

Since then, various media outlets long predicted that Comcast could explore a potential sale or partnership for the brand and who better than Paramount.

Before Skydance acquired Paramount, they were talks of the two potentially merging and in Europe the two are basically partners with the rollout of SkyShowtime.

A+E Global Media

Starz Entertainment which had already made a bid for Warner Bros. Discovery's cable networks had also explored acquiring A+E Global Media. They'll probably be more updates on this during the year as of right now it's kind of quo.

A+E Global Media is responsible for the distribution of Lifetime and History channels in the US while in Europe those rights are held by Sky Studios.

Canal+

MultiChoice isn't the final pitstop in buyouts for the French broadcaster as they acquired majority stake in a MC Vision. A Mauritius based broadcaster operating in French speaking Africa.

They also have stakes in VIU which is based in Southeast Asia and Viaplay in the Nordic regions. All of these the French broadcaster could look to gobble within the year as they aim to reach 50 million to 100 million subscribers by 2028.

Another buyout that wouldn't surprise me for the year would be for Senegalese based production company, Marodi TV.

ITV

A few years ago, ITV Choice was yanked from DStv consumers and since then the channel's owner ITV plc had been undergoing restructure. This included and was not limited to a sale of their company.

CVC Capital Partners, TF1 Group, RedBird Capital Partners, All3Media, Mediawan and KKR had been linked to as potential buyers. Even Comcast's Sky had entered talks to acquire only the linear networks and ITVx.

DStv And Showmax Subscribers Bid Farewell To Euphoria And Peacemaker As Canal+'s Doesn't Renew Content Deal For HBO And Warner Bros.

Last year, Canal+ and Warner Bros. Discovery created a media debacle when it was announced that Cartoon Network and 11 other channels would be removed from DStv. Paramount was already closing 4 other channels on the platform.

It was not until a last minute deal was reached where Canal+ thought of merging MultiChoice's contract with that of its operations in Europe. This deal included a possible rollout of HBO Max as Canal+ will be rolling it out in various markets.

Initially, it was reported by some outlets that this new agreement saved the licensing deals for M-Net and Showmax. But others were quick to spot it's sudden exclusion from this new agreement.

According to News24, this new agreement excluded premium TV series from HBO and Warner Bros. film and TV studios. This means DStv and Showmax consumers will be missing out on Game Of Thrones spinoff, A Knight Of Seven Kingdoms.

This is because Canal+ is busy slashing tires at MultiChoice with TLNovelas that is scheduled to close by 31 January 2026. 

MultiChoice had been losing subscribers with those numbers dropping from 17.3 million in 2023 to 14.5 million in 2025. This whole ordeal took a bigger plunge in some African markets particularly Kenya where cuts reached between 80% to 90%.

Canal+ is trying to put out a fire even if that means DStv and Showmax subscribers miss out on The White Lotus and House Of Dragons. As the French company deemed M-Net's agreement with Warner Bros. non viable.

As mentioned, MultiChoice has been losing DStv consumers and their premium market has been under siege post the pandemic.

M-Net has been the glue to the DStv Premium structure but with massive cord cutting seen in the United States and elsewhere. One channel alone isn't enough to entice viewers to subscribe especially if they're more affordable options.

That doesn't mean the loss of The White Lotus and The Glided Age won't impact M-Net's remaining viewers immensely as this will just lead to even more cord cutting for DStv.

Canal+ has been boasting about being a super aggregator and the plan is to have HBO Max funnel all this content. The problem is that for linear viewers that aren't streaming it only leads to even lesser content.

HBO Max's parent company is currently undergoing a takeover process by Netflix and should the deal succeed all this content will likely be made exclusive to the streamer.

DStv In Trouble. Netflix Obtains Global Rights To Sony Group Films Including Spider-Man And Jumanji

Netflix obtained global streaming rights to Sony Group’s films after they complete their run in theatres and pay-per-view, adding releases from one of Hollywood’s biggest studios.

A multiyear agreement announced on Thursday (Jan 15) expands a partnership the companies struck in 2021. That accord gave Netflix US rights to show Sony films after their theatrical release and after they are available for online purchase or rental, as well as rights in Germany and parts of Asia.

Sony Pictures will gradually start appearing on Netflix globally later this year as individual territory rights become available, the companies said in a statement, with the rollout complete by early 2029. As part of the deal, Netflix will also be able to license select films and TV series from Sony’s library, which includes hit franchises such as Spider-Man and Jumanji. 

The deal is worth roughly US$7 billion and runs till 2032, according to sources familiar with the matter, who asked not to be named as the terms are not public. It beefs up Netflix’s lineup of theatrical pictures, a slate that could grow even more if the streaming company acquires the studio operations of Warner Bros Discovery. It’s vying with Paramount Skydance with duelling bids for Warner Bros.

In 2024, Netflix expanded a deal with Comcast’s NBCUniversal, adding rights to stream live-action films to an agreement for animated pictures from the studio’s DreamWorks Animation and Illumination divisions. 

Starting in 2027, the live-action films from Universal Pictures and Focus Features, which include franchises such as Fast & Furious and Jurassic Park, will appear on Netflix “no later than eight months following theatrical release”, the companies said at the time.