Netflix on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
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Primedia will retrench an unspecified number of employees as it struggles to deal with the impact of the Covid-19 lockdown, the challenging economic environment and rapid technological change.
Whatever Netflix’s second quarter results show, it’s clear that the Covid-19 crisis is fortifying the company’s lead in streaming TV entertainment.
A week after launching Showmax Pro in Kenya and Nigeria, MultiChoice Group has announced the service, which includes live sports, is now available in 40 more countries. South Africa isn’t one of them.
Communications minister Stella Ndabeni-Abrahams has published a policy direction to industry regulator Icasa, asking it to fast-track the licensing of digital radio broadcasting services in South Africa.
Facebook and Google have for years operated like shop windows for news stories, plying their billions of visitors with free snippets from articles across the Web. An antitrust tussle is set to change that.
Media24 plans to close multiple newspapers and magazines in a move that is set to cost over 500 jobs. Men’s Health and Runner’s World are among the titles earmarked for closure.
MultiChoice Group’s Showmax has launched Showmax Pro, which offers both video-on-demand entertainment programming and live-streamed sports from SuperSport.
Spotify Technology breached the mythical $50-billion market valuation barrier on Thursday. Unfortunately, investors seem a little out of tune with the music streaming service’s real potential.
MultiChoice Group-owned Showmax has permanently removed five Leon Schuster-made movies, saying the titles contain “negative racial stereotyping and prominent elements of blackface”.