Showmax

Exciting Updates About Showmax and Its Investments in February 2024

Discover the latest international TV shows on Showmax and the significant investments by MultiChoice and NBCUniversal.

Showmax is set to launch a plethora of new content in February 2024, including the 1st seasons of Ted, Lawmen: Bass Reeves, and Found. South African pay TV company MultiChoice Group and U.S. media conglomerate Comcast's NBCUniversal Media are jointly investing approximately $177 million in Showmax. Additionally, MultiChoice plans to inject an additional $89 million by March 31, 2024, bringing the total investment to a staggering amount. The financial commitment is part of a strategic partnership formed in 2023, aiming to revamp Showmax comprehensively.

The disclosure of this significant funding indicates MultiChoice's dedication to enhancing Showmax's offerings. The streaming platform is undergoing a relaunch that will cost up to R3.3 billion, reflecting the substantial resources being allocated to improve user experience and content quality. Despite facing challenges with the new Showmax app, MultiChoice reassures subscribers of ongoing improvements and asks for patience during the transition period.

In a recent development, Brazilian TV giant Globo acquired the Canal+ and Showmax original drama Spinners, adding an international dimension to Showmax's content portfolio. This expansion highlights Showmax's growing presence in the global entertainment industry, attracting interest from renowned media companies worldwide.

As the investments in Showmax continue to grow, viewers can anticipate a remarkable transformation in the streaming platform's offerings, promising a diverse and engaging selection of TV shows and movies for audiences worldwide.