MultiChoice Group has revealed the first details of what the new “Showmax 2.0” streaming platform will look like.
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MultiChoice Group has reported a decline in subscribers, while its income statement has been stained in red ink.
Sentech interim CEO Tebogo Leshope said the SABC’s unwillingness or inability to pay its signal distribution fees is of “great concern”.
MultiChoice will report a loss of about R3.10/share for the six months to end-September, dragged down by forex losses.
Rising internet access will drive growth in the media and entertainment sector in the coming years, PwC said.
The SABC owes Sentech more than R700-million – or about half of the broadcasting signal distributor’s annual revenue.
New York Times Co reported better-than-expected results for the third quarter as total subscribers passed 10 million.
Showmax subscribers living outside Africa will soon lose access to the MultiChoice-owned streaming platform.
MultiChoice is offering access to the Rugby World Cup final for R19.95 in homage to the 1995 final.
Apple on Wednesday announced big price hikes to Apple TV+ and other services in several global markets.