African Streamer Showmax’s Annual Loss Widens Amid Investment for Peacock-Powered Relaunch ...Middle East

African streaming service Showmax, in which Comcast/NBCUniversal owns a 30 percent stake, posted higher revenue but also increased losses for its latest fiscal year ended in March amid investments related to its recent relaunch, African pay-TV giant MultiChoice Group disclosed on Wednesday. Showmax’s revenue for the year grew by 22 percent to 1.0 billion South African […]

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