As South African film and TV industry workers continued to grapple with the fallout from Canal+’s abrupt decision to shutter homegrown streaming service Showmax this week, one question seemed to be on the lips of every attendee at the JBX market in Johannesburg.
What next?
Taken in a vacuum, the news didn’t come as a complete shock. There’d been a sense of foreboding since the French media giant completed its $2 billion takeover of South African pay-TV company MultiChoice last year, with the company mum on its post-merger plans and suspicion rampant that cost-cutting measures were in the cards.
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