--- title: Canal+ brands Showmax an ‘expensive failure’ | daily.dev description: Canal+ has labeled Showmax an 'expensive failure' following its shutdown, with the move expected to accelerate cost savings at MultiChoice to €250 million in... canonical: https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Canal+ brands Showmax an ‘expensive failure’ | daily.dev og:description: Canal+ has labeled Showmax an 'expensive failure' following its shutdown, with the move expected to accelerate cost savings at MultiChoice to €250 million in... og:url: https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa og:image: https://api.daily.dev/og/posts/aZHpdvYpa.png og:image:alt: Canal+ brands Showmax an ‘expensive failure’ og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Canal+ brands Showmax an ‘expensive failure’ **[TechCentral](https://daily.dev/sources/techcentral)** · 2 min read · 0 upvotes · 0 comments ## Summary Canal+ has labeled Showmax an 'expensive failure' following its shutdown, with the move expected to accelerate cost savings at MultiChoice to €250 million in 2026, up from the previously guided €150 million. Showmax's trading losses grew 88% to R4.9 billion in the year ended March 2025, dragging MultiChoice's trading profit down 49%. MultiChoice's overall performance remains under pressure, with 2025 revenue falling 6% to €2.4 billion and its subscriber base shrinking from 14.9 million to 14.4 million. Canal+ is also pursuing voluntary severance plans, restructuring of Irdeto, and a planned JSE secondary listing before end-June 2026. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Canal\+ concedes Showmax ‘not a commercial success’](https://daily.dev/posts/canal-concedes-showmax-not-a-commercial-success--yqcxejwp2) · TechCentral · 0 upvotes · 0 comments - [Showmax ‘can’t continue’ in its current form](https://daily.dev/posts/showmax-can-t-continue-in-its-current-form-jy3lkobjg) · TechCentral · 0 upvotes · 0 comments - [DStv’s new owner to reveal its game plan](https://daily.dev/posts/dstv-s-new-owner-to-reveal-its-game-plan-2o06ev1dk) · TechCentral · 0 upvotes · 0 comments - [MultiChoice pulls the plug on Showmax](https://daily.dev/posts/multichoice-pulls-the-plug-on-showmax-ymzc4y6qp) · TechCentral · 0 upvotes · 0 comments - [Canal\+ eyes billions of rand in cost savings from MultiChoice deal](https://daily.dev/posts/canal-eyes-billions-of-rand-in-cost-savings-from-multichoice-deal-z4zwfaygg) · TechCentral · 0 upvotes · 0 comments --- [View this post on daily.dev](https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Canal+ brands Showmax an ‘expensive failure’","url":"https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa"},"datePublished":"2026-03-11T09:40:03.136Z","dateModified":"2026-03-11T09:40:26.858Z","description":"Canal+ has labeled Showmax an 'expensive failure' following its shutdown, with the move expected to accelerate cost savings at MultiChoice to €250 million in...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/07ca1f2ef0b0792d68b1fc424f6ea60e?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/07ca1f2ef0b0792d68b1fc424f6ea60e?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCentral","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCentral","logo":"https://media.daily.dev/image/upload/s--RsqLDZrL--/f_auto/v1717745297/logos/techcentral","url":"https://daily.dev/sources/techcentral"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/canal-brands-showmax-an-expensive-failure--azhpdvypa","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCentral","item":"https://daily.dev/sources/techcentral"},{"@type":"ListItem","position":3,"name":"Canal+ brands Showmax an ‘expensive failure’"}]} ```