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.
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MultiChoice Group-owned Showmax has permanently removed five Leon Schuster-made movies, saying the titles contain “negative racial stereotyping and prominent elements of blackface”.
The world’s largest music streaming company, Spotify, on Wednesday launched Premium Duo, offering access to its premium plan for R80/month for two people.
Naspers affiliate Tencent is buying certain assets of iFlix, a struggling streaming platform with about 25 million users focused in South and Southeast Asia.
Google will begin paying select media outlets featured in a yet-to-be released news service later this year, a major business shift for the search engine.
Microsoft is closing down Mixer, its live streaming service for games, and shifting users to Facebook Gaming, the technology giant’s Xbox division said on Monday.
The SABC said on Thursday that it has issued a “notice of possible redundancies” following consultations with key stakeholders.
MultiChoice Group has decided to carry competing streaming television services on its upcoming Explora PVR because the broadcaster wants to position itself as a “super aggregator” of content.
The SABC has launched what it calls a “target operating model” designed to ensure it is self-sufficient and financially sustainable so it doesn’t again have to go to government, cap in hand, for a bailout.
European police busted an illegal streaming ring that provided service to two million people and was so sophisticated that it had its own customer service team.