MultiChoice Group, the owner of DStv and Showmax, surprised investors on Monday when it revealed that France’s Groupe Canal+ has acquired 6.5% of its equity, sending its shares leaping higher.
Browsing: Broadcasting and Media
French media giant Groupe Canal+ has acquired a not-insignificant stake in South Africa’s largest broadcasting company, DStv parent MultiChoice Group, prompting a surge in the JSE-listed firm’s shares.
Google plans to pay $1-billion to publishers globally for their content over the next three years, its CEO said on Thursday, a move that could help it win over a powerful group amid heightened regulatory scrutiny.
Five years after it arrived in Africa, Netflix is struggling to grow beyond the wealthiest segment of the population, held back by poverty, piracy and limited access to broadband.
Apple has acquired a start-up that makes listening to podcasts more like tuning into radio stations, seeking to improve its service amid growing competition from Spotify.
Spotify Technology has criticised rival Apple, saying that a new subscription bundle offer from the iPhone maker abuses its dominant market position by favouring its own Apple Music service.
South Africa’s digital television migration project has once again come unstuck. Is it time to give up on the project altogether? By Duncan McLeod.
South Africa will complete its digital migration project by 2022 at the earliest, the acting government director-general with operational oversight of the project said in an exclusive interview with TechCentral.
In a surprising development, MultiChoice South Africa CEO Mark Rayner has resigned after almost 14 years with the pay-television broadcaster.
About three years ago, Reed Hastings set out to answer a question that had bedevilled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world?