Canal+ buys out NBCUniversal's 30% Showmax stake before shutting the streamer

What's the deal? Canal+Dealroom has a profile for this one. Try Dealroom → acquired the 30% stake in Showmax held by Comcast's NBCUniversalDealroom has a profile for this one. Try Dealroom →, taking full control of the African streaming service before shutting it down.

Why now? The buyout consolidated ownership under Canal+ ahead of the platform's closure, removing NBCUniversal from the picture entirely.

The signal: The move marks the end of a high-profile bet on African streaming and underscores how quickly media owners will unwind subscale services once the economics no longer work.

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