In a resounding black economic empowerment success story, the value of the 20% investment in MultiChoice South Africa by BEE shareholders has increased by 20 times. The shares are currently trading around R170 each and, including total dividends paid to date of just
MultiChoice has announced a new upgrade for its high-end DStv Explora personal video recorder (PVR) satellite decoder. A new software update, which will be delivered automatically from 15 September to all active Explora PVR decoders, promises improvements to
Hong Kong-based telecommunications company PCCW is planning to launch a video-on-demand service, possibly as early as next week, that will challenge the recently launched ShowMax
Shareholders in MultiChoice’s broad-based black economic empowerment scheme Phuthuma Nathi are set for a windfall. They will receive R1,2bn in ordinary dividends in 2015, an increase from
Internet streaming is a serious competitive threat to broadcast television in South Africa, but the technology is hamstrung by cost challenges, says an analyst. “There is no doubt that Internet streaming
Naspers’s new online video-on-demand platform ShowMax will develop original programming content, its GM, John Kotsaftis, revealed at the launch in Johannesburg on Wednesday. Kotsaftis
The television entertainment industry in South Africa is in for significant disruption in the next 18 months. And couch potatoes look set to be the biggest beneficiaries as competition intensifies between traditional broadcasters and new Internet streaming providers
A bit of search engine manipulation has provided insight into the content that Naspers’s soon-to-be-launched subscription video-on-demand service ShowMax will offer. Doing a Google image search against the ShowMax.com domain
StarSat parent On Digital Media (ODM) has no intention of withdrawing a complaint it lodged against MultiChoice in 2013 at the Competition Commission, in which it accused its rival of engaging
Multinational media and technology company Naspers is gearing up to unveil an Internet streaming service that will take on Netflix in developing markets. A person with knowledge of the matter has said
