MultiChoice, which owns pay-television service DStv, has announced new prices for the year ahead. The new rates including an above-inflation 6,4% increase in the monthly cost of DStv Premium, the operator’s top-end bouquet. The price of the cheaper and fast-growing
It’s the end of an era. Naspers has announced that its long-serving CEO, Koos Bekker, 61, is stepping down as CEO. Bekker, who will stand down from the Naspers board for a year, will be succeeded by the media and technology group’s head of e-commerce
Naspers has announced a number of changes to its board of directors reflecting the rapid expansion of its subsidiary MIH Holdings, which now accounts for most of the group’s market value, and the relative decline in contribution by its traditional print assets. In a statement
Government is still reviewing its policy on access control for digital terrestrial television, the department of communications has told the Democratic Alliance in response questions the party submitted in parliament. This is despite an agreement between MultiChoice and the SABC that prohibits the public broadcaster from
The Democratic Alliance wants communications minister Yunus Carrim and former SABC interim board chair Ellen Tshabalala to appear before parliament to explain why a deal the public broadcaster signed to supply two television channels to MultiChoice “contradicts government’s policy on digital
Free-to-air broadcaster e.tv has slammed a confidential deal struck between the SABC and MultiChoice that prohibits the public broadcaster from offering any of its channels over a television platform that uses encryption technology. E.tv described the move as
Naspers is within a whisker of smashing through R1 000/share for the first time and reaching a market capitalisation of R400bn thanks to an 80%-plus surge in its share price in the past 12 months. The growth in its value in recent years has been nothing short of
Communications minister Yunus Carrim plans to hold a high-level meeting between broadcasters in mid-September, to be mediated by an independent third party, in an effort to resolve a simmering dispute over whether government-subsidised set-top boxes for digital terrestrial
For the longest time, little much has really happened in South Africa’s broadcasting sector. But big changes are now looming. Barely a week seems to go by now without significant new developments in broadcasting. In recent weeks alone, there’s been news of plans to launch South Africa’s first comprehensive trial of digital
Naspers’s decision, 12 years ago, to buy a stake in Chinese instant-messaging, entertainment and online advertising company Tencent continues to pay big dividends for the South African-headquartered media and technology group. Financial results published on Tuesday
