MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
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Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
MultiChoice Group still holds WWE broadcast rights, despite Netflix acquiring them in some international markets.
The “catastrophic and unconstitutional” SABC Bill must be withdrawn, three media organisations have demanded.
Netflix has blown past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows.
MTN South Africa has announced aggressively priced data plans aimed at supporting MultiChoice’s newly relaunched Showmax.
Netflix has acquired the exclusive rights to WWE Raw, marking the streaming service’s first big move into live events.
Civil rights organisation AfriForum has said in a submission to parliament that the SABC should be privatised.
Senior counsel for eMedia Holdings and MultiChoice Group battled it out at the Competition Tribunal on Thursday.
The acrimonious battle between eMedia and MultiChoice over sports rights goes to the Competition Tribunal on Thursday.