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Marc Jury, CEO Of MultiChoice SA And Showmax, Announces Resignation

Marc Jury, CEO Of MultiChoice SA And Showmax, Announces Resignation

November 25, 2024
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Home Industry Leader

Marc Jury, CEO Of MultiChoice SA And Showmax, Announces Resignation

November 25, 2024
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MultiChoice, the prominent media group, has revealed that Marc Jury, the CEO of MultiChoice South Africa (MCSA) and Showmax, will resign from his position. Jury assumed the role in April of last year and is set to depart on March 31, 2025.

Prior to his tenure at MultiChoice, Jury was the CEO of SuperSport. The company noted that he will remain with MultiChoice for the next four months to facilitate a smooth transition to his successor, Byron du Plessis. Du Plessis, who has been with MultiChoice for 13 years and served as the deputy chief financial officer, will officially begin his role as MCSA CEO on December 1, 2024.

While details of Jury’s future endeavours remain unclear, an internal memo with staff suggested that he plans to “pursue opportunities in the business of sport.” His decision to leave follows a series of recent high-profile departures from the pay-TV operator, raising questions about the company’s direction.

In April 2024, Imtiaz Patel resigned as chairperson of MultiChoice despite previous commitments to remain until the Canal+ transaction concluded. Other significant exits include Showmax CEO Yolisa Phahle, who stepped down in 2023, and Gideon Khobane, MultiChoice’s group executive of general entertainment, who departed in 2022.

Jury’s departure comes during a challenging period for MultiChoice. Subscriber numbers reportedly declined significantly, as highlighted by the South African website. Additionally, the company faced considerable financial losses for the six months ending September 30, 2024.

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