China’s antitrust regulator is set to order Tencent to give up exclusive rights to music labels that it’s used to compete with smaller rivals, two people with knowledge of the matter said.
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Nigeria’s revenue service said on Thursday it had instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian subsidiary.
Netflix is doubling down on its efforts to grow its market share in sub-Saharan Africa – including South Africa – by launching a new, lower-cost, mobile-only plan.
Telkom’s streaming video platform, TelkomOne, which was launched in November in partnership with the SABC, has unveiled a catch-up service, allowing viewers to watch linear content on demand.
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The SABC has hit out at MultiChoice – and its SuperSport subsidiary – for imposing conditions not acceptable to the public broadcaster for the upcoming British and Irish Lions tour.
Turnover at the entertainment chain peaked in the year to 31 August 2010 at R952-million. It closed all remaining stores at the end last month, after announcing the decision in January.
Avvatta, the brainchild of the former CEO of Cell C’s now-defunct entertainment platform, Black, has been launched, promising more competition in the already-crowded streaming video market in South Africa.
The pan-African pay-television operator, which owns DStv and SuperSport, has lifted its subscriber base by 1.4 million in the past year to reach 20.9 million households.
MultiChoice Group is increasing its stake in BetKing, an Africa-focused sports-betting platform operator, to a non-controlling 49% investment for R3.8-billion.