The MultiChoiceGRP announced a joint-venture with entertainment giant Comcast. NBCUniversal and Sky offerings will be included on Showmax to create the “leading streaming service in Africa”. Moneyweb BusinessNews
MultiChoice Group announced its biggest move yet in the streaming space on Thursday, revealing a joint-venture with Nasdaq-listed global entertainment giant Comcast to bolster its Showmax bouquet in Africa. The agreement, according to a MultiChoice Sens statement, will see Comcast’s NBCUniversal and Sky offering included on Showmax to create the “leading streaming service in Africa”.
MultiChoice fights piracy, welcomes conviction of Jordan Mott ‘New’ Showmax “The new Showmax group will be 70% owned by MultiChoice and 30% by NBCUniversal. It will build on Showmax’s success to date and strive to create the leading streaming service in Africa,” it added. The move comes in the wake of increasing competition from streaming services like Netflix and Amazon Prime Video in Africa, where MultiChoice has historically dominated the satellite TV game.
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