Despite plunging TV ad spend, eMedia boosts headline earnings 20.9% thanks to tight cost control and digital momentum.
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Communications minister Solly Malatsi is seeking a legal adviser to help steer his course through a highly litigious sector.
No, it’s not one of the SABC’s channels: eMedia claims e.tv is South Africa’s most popular TV channel.
eMedia, the parent of e.tv and Openview, has disclosed viewer adoption figures for its eVOD streaming service.
eMedia Holdings said its legal fees rose sharply in the year ended 31 March 2024 as it battled rival MultiChoice Group.
Openview, the free-to-air satellite platform owned by JSE-listed eMedia Holdings, has notched up nearly 3.2 million activations.
Communications minister Khumbudzo Ntshavheni said the cost to communicate in South Africa is “not decreasing at the pace that government wants”.
Most South Africans know about the major streaming providers, but there are plenty of others – at least 18 in total, by TechCentral’s count.
Attempts to monitor and control the entire market actively stifle competition, reduce quality, raise prices and hamstring technological progress.
Openview, the free-to-air satellite television platform in the eMedia Holdings stable, has turned a profit for the first time on the back of a surge in advertising revenue.