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.
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A major electronics manufacturing facility in East London, which until recently made decoders for MultiChoice, faces possible liquidation after it reportedly failed to make repayments on a R200-million loan.
It was a busy news year in South Africa’s technology industry, with demand for reliable and quality news and analysis about the local ICT sector clearly evidenced in TechCentral’s readership growth.
There is a “pretty good” chance that MultiChoice Group will launch its standalone “dishless” streaming product by the end of its financial year in March 2020, the company said on Thursday.
MultiChoice Group-owned streaming video platform Showmax will launch a cut-price version of its product aimed at smart device users who don’t consume content on a television screen.
MultiChoice Group’s average revenue per user has fallen by 5% in South Africa as consumers continue to flock to lower-priced bouquets.
The pay-television operator said on Thursday that it has bucked weak economic conditions and expects to report a big leap in profit for the six months to 30 September 2019.
MultiChoice’s streaming video platform DStv Now served a peak of more than 500Gbit/s to sports fans during the Rugby World Cup final – the equivalent of 4TB of data a minute.
The SABC said on Monday that is has secured broadcast rights for the Rubgy World Cup final between South Africa and England after reaching an agreement with MultiChoice.