Long-serving MultiChoice Group director Imtiaz Patel will relinquish his executive duties in September 2020, the pay-television broadcaster said on Tuesday.
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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.
The company that runs Africa’s largest public Wi-Fi network is being liquidated after the unprofitable business failed to secure new investors.
A major fire broke out at MultiChoice’s head office in Randburg on Tuesday afternoon, though the situation was reportedly quickly brought under control. The building was evacuated.
There have been growing calls on social media for MultiChoice to share Springbok games in this year’s Rugby World Cup with the SABC. This makes little sense if it’s forced on the company. By Duncan McLeod.
MultiChoice subscribers were left seething on Saturday after its DStv Now streaming service collapsed at the start of the Springboks’ opening match in the 2019 Rugby World Cup.
Shareholders in MultiChoice, which was unbundled from Naspers on 4 March, rejected the group’s executive pay at Thursday’s AGM.