Groupe Canal+, which is in the throes of acquiring MultiChoice Group, has similar content offerings to DStv in France, its home market – but with one major difference.
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South Africans live-streamed more than 560 petabytes of DStv Stream content in the past year.
Primetime viewership statistics show that soapies, news and sports are why South Africans watch TV.
The broadcasters’ fight over channel removals and restrictions on sports sublicensing agreements has been settled.
MultiChoice will on Tuesday appear before the Competition Tribunal to appeal a finding that a 2013 channel distribution deal with the SABC constituted a “notifiable merger”.
Nigeria’s economy grew faster than anticipated in the third quarter, buoyed by its services and oil sectors.
Marc Jury, CEO of MultiChoice South Africa and Showmax, has resigned. He will leave the group in March.
Canal+ has highlighted its intention to become a global content platform, with Asia and Africa seen as high-growth markets.
MultiChoice Group will rake in R1.2-billion in cash after the planned sale of its insurance business was approved.
MultiChoice Group recently described the macroeconomic environment as the “most challenging” in its history.