MultiChoice will report a full-year headline loss per share of as much as R3.90, from earnings of R4.10 a year ago, as the result of foreign exchange losses and a decision to give additional equity to black investors at no cost.
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Google has confirmed it has appealed against a €1.5-billion fine issued by the European Commission for alleged illegal practices in search advertising.
MultiChoice, which owns DStv and SuperSport, has filed papers in the high court in Pretoria against communications regulator Icasa over its inquiry into sports broadcasting rights.
Free-to-air satellite television provider Openview now boasts more than 1.5 million activations, according to eMedia Holdings, which holds a 67.7% stake in Openview parent eMedia Investments.
The final episode of Game of Thrones drew 19.3 million US viewers, a record for HBO and the fantasy drama that became one of TV’s rare collective viewing experiences.
When Apple went head-to-head with Spotify in 2015 by launching a music streaming service, things were always likely to turn ugly.
Newzroom Afrika, the new 24-hour new channel licensed by MultiChoice that replaces the defunct, formerly Gupta-owned ANN7, will be launched on DStv on Thursday.
Spotify has reached 100 million paid subscribers, a first for any music service, adding more customers in the latest quarter than analysts expected and boosting confidence the company has lots of room to grow.
Amazon.com spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemised the growing cost of providing streaming services to consumers.
Chris Maroleng, the former MTN Group senior executive, has been fired as chief operating officer of the public broadcaster with immediate effect. He had been in the role for just over a year.