Sharp Daily
No Result
View All Result
Tuesday, September 22, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Business

Showmax shuts down March 31 as MultiChoice moves content to DStv Stream

MultiChoice has confirmed Showmax subscriptions will end on March 31, 2026, with all content migrating to DStv Stream from April 1, following years of financial losses under Canal+ ownership

Sharon Busuru by Sharon Busuru
March 19, 2026
in Business
Reading Time: 2 mins read

MultiChoice has confirmed the shutdown of its Showmax streaming platform, with March 31, 2026 set as the final day for subscription renewals and voucher redemptions. From April 1, 2026, new subscriptions and renewals will no longer be available.

Existing subscribers will not lose immediate access. Users will be able to continue streaming content until their current subscription expires or until the end of April 2026  whichever comes first.

The closure follows a strategic review conducted after French media giant Canal+ officially completed its acquisition of MultiChoice Group in September 2025 in a deal valued at approximately $3 billion, handing Canal+ control of MultiChoice’s television and streaming assets across Africa, including DStv, GOtv, and Showmax.

The financial case for closure was stark. In the three years leading up to the Canal+ takeover, Showmax accumulated losses of approximately $428.9 million. In 2025 alone, trading losses widened by 88% to $297 million, while revenue fell to $48.5 million significantly missing the platform’s $1 billion annual revenue target.

RELATEDPOSTS

DStv set to launch sports only streaming package in South Africa on september 17

September 2, 2026

DStv subscriber base in Kenya falls to 248,053 in first quarter of 2026

June 18, 2026

A high profile relaunch in early 2024, backed by a $309 million investment from Comcast’s NBCUniversal and leveraging the technology powering Peacock, failed to reverse its fortunes.

MultiChoice has said Showmax content will not disappear entirely. The company is consolidating its streaming strategy by migrating Showmax’s catalogue including Originals and exclusive titles to DStv Stream.  In a message to subscribers, the company stated it would “soon share how you can keep enjoying Showmax Originals and more on DStv Stream.”

All Showmax subscriptions will end on March 31, and users will be required to subscribe afresh for DStv Stream. The migration marks the first major integration since the Canal+ takeover, signaling cost-cutting measures as the media giant seeks sustainable growth in Africa’s competitive but price-sensitive market.

The pricing gap between the two platforms is notable. In Kenya, DStv Stream’s premium tier starts at KSh 11,700 per month, with the lowest tier at KSh 1,450 compared to Showmax’s pricing of KSh 720 for its top tier. Even global platforms such as Netflix and Amazon Prime Video cost less than DStv Stream’s lowest tier.

The consolidation also comes alongside plans to cut staff through a voluntary severance package for employees in support roles, as part of a $115 million turnaround investment. MultiChoice has not confirmed a precise migration pathway for existing Showmax subscribers, with further details on pricing, packaging, and access to DStv Stream expected to be communicated in the coming weeks.

Previous Post

World Bank debars PwC firms in Kenya, Rwanda, and Mauritius over fraud

Next Post

Understanding global macroeconomic spillovers in an interconnected economy

Sharon Busuru

Sharon Busuru

Related Posts

Analysis

Kenya holds central bank rate at 8.75%

September 4, 2026
Business

NSE market capitalisation crosses kSh 4 Trillion.

August 21, 2026
Business

CBK launches ksh 15 billion treasury bill-to-bond switch

August 11, 2026
Analysis

Nedbank’s NCBA acquisition set to reshape east africa’s banking Landscape

August 5, 2026
Business

Kenya sets 10 million tonne ceiling on carbon credit exports

August 5, 2026
Business

Kenya bets on blockchain to clear its cargo backlog

August 3, 2026

LATEST STORIES

TikTok set to begin withholding tax on Kenyan creator payouts

September 21, 2026

Kenya’s Listed Banks Post Stronger Earnings in H1’2026, Powered by Fees, Not Just Interest

September 21, 2026

Liquidity Risk: Why the Ability to Exit an Investment Matters

September 21, 2026

Turning Pension Contributions into Retirement Income

September 21, 2026

Why Kenyan businesses must take climate risk more seriously

September 18, 2026

How Kenyan Households Can Build More Resilient Portfolios

September 18, 2026

Cost-cutting strategies to make your pension last

September 18, 2026

Safaricom Divestiture Reversed: High Court Nullifies Kshs 204.3 bn Vodacom Stake Sale

September 17, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024