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title: Canal+ concedes Showmax ‘not a commercial success’
description: Canal+ CEO Maxime Saada publicly acknowledged that Showmax, MultiChoice's streaming platform, has failed commercially and lost significant money over recent...
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og:description: Canal+ CEO Maxime Saada publicly acknowledged that Showmax, MultiChoice's streaming platform, has failed commercially and lost significant money over recent...
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# Canal+ concedes Showmax ‘not a commercial success’

**[TechCentral](https://daily.dev/sources/techcentral)** · 3 min read · 0 upvotes · 0 comments

## Summary

Canal+ CEO Maxime Saada publicly acknowledged that Showmax, MultiChoice's streaming platform, has failed commercially and lost significant money over recent years. The platform will face substantial cost reductions in marketing, content, and technology as part of Canal+'s post-acquisition synergies, though the company aims to avoid abrupt cuts that could harm subscriber growth. Showmax was relaunched in February 2024 using NBCUniversal's Peacock platform, but struggled to compete with Netflix and Disney+ in African markets characterized by low broadband penetration and limited disposable income.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcentral.co.za/canal-concedes-showmax-not-a-commercial-success/276937/>

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