Multichoice, a privately owned company headquartered in South Africa and a subsidiary of Canal+ Group, was founded in 1993 and employs approximately 12,430 individuals. The company reported $2.8B in revenue as of 2024. Multichoice functions as a tier 1 media tech buyer. It specializes in media and TV services, operating through brands such as DStv, GOtv, Showmax, and DStv Now, and also functions as a technology vendor via Irdeto.
Showmax will shut down its streaming services on April 30, 2026, with March 31, 2026, marking the final day for subscription renewals and voucher redemptions, while new subscriptions ceased from April 1, as disclosed to subscribers via email on March 19, 2026. This development follows Groupe Canal+, the parent company of MultiChoice Group, facing an investigation by South Africa's Parliamentary Portfolio Committee on Communications and Digital Technologies on March 16, 2026. The probe focuses on Canal+'s strategic decisions since completing its acquisition of MultiChoice in October 2025, including concerns surrounding the Showmax shutdown and the broader MultiChoice deal. Earlier on March 16, 2026, Canal+ announced plans to lower equipment costs through subsidies and hire over 1000 salespeople across markets where MultiChoice operates to boost its DStv and GOtv subscriber base. Previously, on March 12, 2026, Canal+ unveiled a €100 million investment plan to revive growth at MultiChoice Group, which experienced a decline in subscribers and revenue during the 2025 financial year.
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Multichoice offers products in the media and telecoms services industry. Multichoice's product portfolio comprises of media and TV services.
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Multichoice's revenues were over $1B in 2024. All the revenue comes from pay TV.
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