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.
One could be forgiven for thinking that the Nigerian authorities are acting opportunistically, if reports of a massive penalty by the Nigerian Federal Inland Revenue Service against MultiChoice are true.
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.
Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.
The SABC has hit out at MultiChoice – and its SuperSport subsidiary – for imposing conditions not acceptable to the public broadcaster for the upcoming British and Irish Lions tour.
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.
MultiChoice Group is increasing its stake in BetKing, an Africa-focused sports-betting platform operator, to a non-controlling 49% investment for R3.8-billion.
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.