Groupe Canal+, the pay-television operator owned by French media conglomerate Vivendi, has again increased its stake in DStv parent MultiChoice Group.
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MultiChoice Group has launched a fixed-wireless Internet access service called DStv Internet in South Africa offering three data packages designed for streaming media.
Netflix has begun offering a free mobile plan with about a quarter of its TV shows and movies in Kenya, a strategy aimed at sparking growth in a key African market.
Apple burnished its streaming TV credentials on Sunday as Ted Lasso scored the Emmy award for best comedy, and Netflix landed its biggest television award to date with a best drama win for The Crown.
YouTube has signed up more than 50 million paid subscribers to its music service, a major milestone for Google’s video site that has long been criticised by record labels and Hollywood studios for giving away their work for free.
China’s new rules forbidding under-18s from playing videogames for more than three hours a week knocked shares in Tencent, while young players took to social media to express their outrage.
Apple has acquired classical-music streaming service Primephonic and plans to launch an app dedicated to the genre next year.
MultiChoice Group said on Thursday that it doesn’t believe it has to pay R32.8-billion to Nigeria’s tax authority – being half of a disputed outstanding tax amount – and that a “substantially” lesser amount is owed.
The deposit of 50% of the sum was a condition that had to be fulfilled by Multichoice Nigeria before a tribunal could hear a full appeal on the matter, the Nigerian tax authority said.
Dragoneer Investment Group is expected to lead an investment that would value popular videogame chat platform Discord at about $15-billion, according to people familiar with the matter.