Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News

      Vodacom’s Maziv deal gets makeover ahead of crucial hearing

      18 July 2025

      Cut electricity prices for data centres: Andile Ngcaba

      18 July 2025

      Takealot taps Mr D to deliver toys, pet food and future growth

      18 July 2025

      ‘Oh, Ani!’: Elon’s edgy bot stirs ethical storm

      18 July 2025

      Trump U-turn on Nvidia spurs talk of grand bargain with China

      18 July 2025
    • World

      Grok 4 arrives with bold claims and fresh controversy

      10 July 2025

      Samsung’s bet on folding phones faces major test

      10 July 2025

      Bitcoin pushes higher into record territory

      10 July 2025

      OpenAI to launch web browser in direct challenge to Google Chrome

      10 July 2025

      Cupertino vs Brussels: Apple challenges Big Tech crackdown

      7 July 2025
    • In-depth

      The 1940s visionary who imagined the Information Age

      14 July 2025

      MultiChoice is working on a wholesale overhaul of DStv

      10 July 2025

      Siemens is battling Big Tech for AI supremacy in factories

      24 June 2025

      The algorithm will sing now: why musicians should be worried about AI

      20 June 2025

      Meta bets $72-billion on AI – and investors love it

      17 June 2025
    • TCS

      TCS+ | Samsung unveils significant new safety feature for Galaxy A-series phones

      16 July 2025

      TCS+ | MVNX on the opportunities in South Africa’s booming MVNO market

      11 July 2025

      TCS | Connecting Saffas – Renier Lombard on The Lekker Network

      7 July 2025

      TechCentral Nexus S0E4: Takealot’s big Post Office jobs plan

      4 July 2025

      TCS | Tech, townships and tenacity: Spar’s plan to win with Spar2U

      3 July 2025
    • Opinion

      A smarter approach to digital transformation in ICT distribution

      15 July 2025

      In defence of equity alternatives for BEE

      30 June 2025

      E-commerce in ICT distribution: enabler or disruptor?

      30 June 2025

      South Africa pioneered drone laws a decade ago – now it must catch up

      17 June 2025

      AI and the future of ICT distribution

      16 June 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CambriLearn
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Wipro
      • Workday
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » DStv rakes in the cash for Naspers

    DStv rakes in the cash for Naspers

    By Duncan McLeod29 June 2015
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp

     

    tv-640

    Depressed economy? What depressed economy? MultiChoice, which owns DStv, M-Net and SuperSport, has turned in another strong financial performance for the year ended 31 March 2015.

    JSE-listed media giant Naspers revealed in its annual results, published on Monday evening, that its video entertainment segment (formerly its pay-television segment) generated annual revenues of R42,4bn — up by 17% on a year ago, despite tough economic conditions in MultiChoice’s main market, South Africa.

    However, investment in infrastructure and expansion in Africa meant trading profit contracted by 6%, falling to R8bn from R8,5bn in the year before. Development spend increased by 31% to R2,4bn, Naspers said.

    “Subscriber growth across the African continent remained robust,” it said. “Some 727 000 [satellite TV] customers were added, bringing the subscriber base to almost 8m.”

    The group’s digital terrestrial television (DTT) network is also now “substantially in place”, with MultiChoice operating in 11 countries and 114 cities across Africa.

    “The DTT base more than doubled, closing at 2,2m customers,” Naspers said. “Kenya is one of the first African countries to make the transition to digital as the analogue switch-off roll-out began in January 2015.”

    But the group warned that competition from international online players, including Netflix, Amazon and Google, is “increasing”. TechCentral reported previously that Netflix will launch in South Africa before the end of 2016.

    “MultiChoice is investing in its online offering, expanding its delivery platforms and improving products and services. The DStv Explora personal video recorder is a significant differentiator and became Internet-connected in November 2014,” it said.

    “Our ‘TV everywhere’ strategy gained traction with the launch of DStv Now. Connected services allow customers access to a greater selection of entertainment on their tablet or smartphone — anywhere, anytime. Home movie rentals were made available to all DStv customers through BoxOffice, the video-on-demand service, which is now available in 11 African countries. Average monthly rentals tally around 600 000.”

    The group said it is focusing on producing home-grown content tailored to audiences in markets such as Nigeria and Kenya. It spent R2bn in South Africa on local sport and other content.

    MultiChoice signed deals with Eutelsat and Intelsat to bolster backup satellite capacity. It also invested in a second broadcast site to ensure uninterrupted viewing — for example, to deal with inclement weather conditions at its Randburg, Johannesburg headquarters that can affect broadcasts.  — © 2015 NewsCentral Media



    Amazon BoxOffice DStv DStv BoxOffice DStv Explora DStv Now Eutelsat Google Intelsat M-Net MultiChoice Naspers Netflix SuperSport
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleWhy Nersa rejected Eskom bid
    Next Article Naspers’s annual results in review

    Related Posts

    Takealot taps Mr D to deliver toys, pet food and future growth

    18 July 2025

    Netflix premieres first AI-generated scene

    18 July 2025

    MultiChoice: We can’t afford to compete without help

    17 July 2025
    Company News

    Vertiv to acquire custom rack solutions manufacturer

    18 July 2025

    SA businesses embrace gen AI – but strategy and skills are lagging

    17 July 2025

    Ransomware in South Africa: the human factor behind the growing crisis

    16 July 2025
    Opinion

    A smarter approach to digital transformation in ICT distribution

    15 July 2025

    In defence of equity alternatives for BEE

    30 June 2025

    E-commerce in ICT distribution: enabler or disruptor?

    30 June 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2025 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.