The SABC is expected to get the remaining R1.1-billion of its R3.2-billion bailout by the end of next month, national treasury said on Wednesday.
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MultiChoice has strongly criticised former communications minister Yunus Carrim, who on Tuesday told the Zondo Commission of Inquiry into state capture that a controversial 2013 channel supply agreement between MultiChoice and the SABC amounted to “policy capture”.
MultiChoice Group has created an Innovation Fund to invest in small businesses in the video entertainment and technology sectors.
MultiChoice will hike the price of some DStv bouquets on 1 April, but the increases have been kept well below inflation as the broadcaster battles weak consumer spending and rivalry from online streaming platforms.
A new video streaming service designed only for mobile phones will launch later this year, with shorter programmes and full-screen framing whichever way a user holds their phone.
A consortium led by China’s Tencent has agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi after months of talks.
Over the past 10 years, Netflix Inc. has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street.
The video entertainment industry’s struggle to adapt to the new terminology sparked a merger mania that has rapidly condensed the market for pay-television services into the hands of a powerful few.
Facebook is pursuing rights to music videos from major record labels, programming that could boost interest in its Watch video service, according to people familiar with the matter.
Comcast’s Sky dominated coverage of Europe’s top club soccer competition in Germany for the past two decades. Now the streamers are taking over.