SET DESIGNER MARY KATE GOLDING FOUND DEAD IN QUEENS HOME AS POLICE INVESTIGATE POSSIBLE MURDER-SUICIDE. (PHOTO).

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 Set designer Mary Kate Golding found dead in Queens home as police investigate possible murder-suicide Police are investigating the deaths of television set designer Mary Kate Golding and her husband after the 34-year-old was found fatally stabbed inside her Queens home. According to the New York Police Department, officers responded shortly after midnight on Tuesday, July 21, to a residence in Astoria, where they found Golding with a fatal stab wound to her back. She was pronounced dead at the scene. Several hours later, at about 6:39 a.m., officers responded to a separate 911 call reporting an unconscious person near Astoria Park South and Shore Boulevard. Police found an unresponsive man in the park, and he was pronounced dead at the scene. An NYPD source identified the man as Joseph Azzaretto, Golding's husband. The same source said investigators are treating the case as a possible murder-suicide. Authorities have not released additional details about the circumstances surroun...

MULTICHOICE'S SHOWMAX IS SHUTTING DOWN AFTER 11 YEARS, WITH THE COMPANY CITING HUGE LOSSES AND FAILURE TO MEET SUBSCRIBER GROWTH TARGETS. (PHOTO).


 

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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