Jury is the chief executive of Multichoice’s South African operations and Showmax streaming service. (Multichoice)

South African broadcaster MultiChoice has announced the resignation of Mark Jury as chief executive.

Jury, who has been in the job for 20 months, and with the company for nearly 10 years, will stay in the position until the end of March 2025 to support the transition to his successor, current chief financial officer, Byron du Plessis.

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Du Plessis, who has worked for the company for 13 years, is set to officially assume the role on December 1, which will mark the start of the handover period.

A Multichoice letter to staff said: “Du Plessis has been pivotal in driving strategic initiatives and partnerships, including the KingMakers, Comcast, and Sanlam deals, as well as being instrumental in the ongoing Canal Plus acquisition process.

“While this is a bittersweet moment for us as we bid farewell to Marc, we are confident in Byron’s ability to build on this legacy and take MultiChoice South Africa to even greater heights.”

Jury explained in a letter to employees that he is leaving to explore opportunities in the sports business.

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He was the chief executive of Supersport, Multichoice’s sports broadcaster, between 2020 and 2023, before taking up his role as chief executive of Multichoice’s South African operations and its Showmax streaming service.

Earlier in November, it was announced that Multichoice had lost around 1.8 million subscribers, including 400,000 in South Africa, with a poor economic climate and a growing number of free-to-air and streaming alternatives blamed for the decline. This marks an 11% drop in its subscriber base.

Meanwhile, it was announced in April that French media group Canal Plus is set to purchase the entirety of Multichoice after tabling a mandatory offer for the remaining shares that it does not already own in the African entertainment powerhouse.

MultiChoice officially accepted the offer in June.

Multichoice owns both SuperSport and the DStv pay-TV network, which hold the vast majority of English-language rights in Sub-Saharan Africa to top-tier sports properties, including English Premier League soccer, American football’s NFL, motor racing’s Formula 1, and all major international cricket tournaments.