MultiChoice Group said on Thursday that it doesn’t believe it has to pay R32.8-billion to Nigeria’s tax authority – being half of a disputed outstanding tax amount – and that a “substantially” lesser amount is owed.
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The SABC has concluded a distribution agreement with Walt Disney Co that will allow it to broadcast local and international live sporting events, news programming and a library of sporting content from ESPN.
MultiChoice Group-owned Internet streaming provider Showmax is upping the ante in the streaming wars, offering access to all matches of the English Premier League, La Liga and Serie A.
eMedia Investments, the holding company of e.tv, eNCA and Openview, has plunged headfirst into streaming, launching eVOD, a video-on-demand service, in partnership with MTN South Africa.
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The SABC will be able to broadcast the CAF Champions League final on Saturday after politicians intervened and asked MultiChoice Group to sub-license the rights to the public broadcaster.
The SABC has slammed an exclusive deal between the Confederation of African Football (CAF) and MultiChoice Group that means this weekend’s CAF Champions League final will only be available to pay-television subscribers.
Nigeria’s revenue service said on Thursday it had instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian subsidiary.
The pan-African pay-television operator, which owns DStv and SuperSport, has lifted its subscriber base by 1.4 million in the past year to reach 20.9 million households.
South Africa’s largest broadcaster, JSE-listed MultiChoice Group, said on Friday it expects full-year trading profit to jump by as much as 30% and by as much as 45% on an “organic” basis.