CERTIFIED TRUE COPY OF SUPREME COURT JUDGMENT IN CIRCULATION NOT OFFICIALLY RELEASED, BUT CONTENTS FURTHER AFFIRM ABDULRAHMAN AND ANYANWU’S LEADERSHIP OF THE PDP. (PHOTO). #PRESS RELEASE.

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PRESS RELEASE May 8, 2026 CERTIFIED TRUE COPY OF SUPREME COURT JUDGMENT IN CIRCULATION NOT OFFICIALLY RELEASED, BUT CONTENTS FURTHER AFFIRM ABDULRAHMAN AND ANYANWU’S LEADERSHIP OF THE PDP 1. The People’s Democratic Party (PDP) has become aware of the circulation of a purported Certified True Copy (CTC) of the recent Supreme Court judgment relating to matters concerning the party. 2. The PDP wishes to categorically state that the document currently in circulation was not officially released by the Supreme Court. A careful examination of the purported CTC reveals that it falls short of the established requirements for proper certification of official court documents. The pages were neither duly certified, stamped, nor signed by any authorized court officer in accordance with legally recognized procedures. 3. However, assuming without conceding that the said CTC was officially released by the Supreme Court, we make bold to state that the contents of the judgment further affirm the defeat ...
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MULTICHOICE'S SHOWMAX IS SHUTTING DOWN AFTER 11 YEARS, WITH THE COMPANY CITING HUGE LOSSES AND FAILURE TO MEET SUBSCRIBER GROWTH TARGETS. (PHOTO).

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MultiChoice's Showmax is shutting down after 11 years, with the company citing huge losses and failure to meet subscriber growth targets. 

The decision comes after a strategic review aimed at strengthening its overall digital offerings and ensuring long-term sustainability in a competitive streaming environment 1 2 The platform, launched in 2015, was conceived as MultiChoice's answer to global streaming services such as Netflix and Amazon Prime Video. 

Despite investing $309 million in equity funding in 2024, Showmax struggled to gain traction, accumulating losses of about €370 million (S$428.9 million) in the three years leading up to the Canal+ takeover  MultiChoice has assured subscribers that their service will continue uninterrupted for now, and no immeiate action is required. The company is working on a subscriber and content migration plan, which will be communicated in the next few weeks. The shutdown is part of Canal+'s cost-cutting measures, aimed at saving about €400m by 2030 . 

Key points:

 • Showmax will be wound down in the coming months, with no job losses due to a three-year retrenchment ban in the takeover agreement. 

• MultiChoice will focus on its television channels, including Africa Magic, M-Net, and Mzansi Magic.

 • The decision reflects the challenges of building a profitable streaming business in price-sensitive African markets. 

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