$164m Bet on Showmax: Africa’s leading Netflix Rival

SINCE April 2024, MultiChoice and Comcast have invested $164 million into the African streaming platform, Showmax. This partnership, which includes NBCUniversal and Sky, began in April 2023 and aims to make Showmax the leading video-on-demand platform in Africa. NBCUniversal now holds a 30 percent stake in…