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.
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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.
The SABC has concluded a distribution agreement with Walt Disney Co that will allow it to broadcast local and international live sporting events, news programming and a library of sporting content from ESPN.
Billionaire Richard Li’s streaming business is on a roll, mulling a potential initial public offering after its platform Viu beat Netflix in subscribers in one of Asia’s most competitive markets.
Walt Disney Co’s popular and fast-growing streaming service, Disney+, is coming to South Africa. The platform will be available sometime in the middle of 2022.
MultiChoice Group-owned Internet streaming provider Showmax is upping the ante in the streaming wars, offering access to all matches of the English Premier League, La Liga and Serie A.
eMedia Investments, the holding company of e.tv, eNCA and Openview, has plunged headfirst into streaming, launching eVOD, a video-on-demand service, in partnership with MTN South Africa.
One could be forgiven for thinking that the Nigerian authorities are acting opportunistically, if reports of a massive penalty by the Nigerian Federal Inland Revenue Service against MultiChoice are true.
Tencent shares were on track to fall by their most in a decade on Tuesday after a Chinese state media outlet branded online videogames “spiritual opium”.
The movie-goers who used to throng the cinemas of Johannesburg’s Sandton City shopping centre have, since the pandemic, watched the latest releases from a big screen in a rooftop car park.