Pay television and e-commerce have paid off for Naspers in the six months ended 30 September 2012, with core headline earnings for the period rising to R4,1bn, from R3,5bn a year ago. Pay-TV subsidiary MultiChoice, which operates DStv, grew its subscriber base by 393 000 subscribers, giving it a base
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It’s not all bad news at TopTV. The company has revealed that its new prepaid offering is proving successful, with the financially troubled pay-TV operator activating more than 500 prepaid vouchers a day in recent weeks. To date, TopTV says it has
MultiChoice, operator of satellite pay-television platform DStv and a unit of JSE-listed media giant Naspers, should be concerned about the financial problems at rival TopTV, owned by On Digital Media. Competition is good for consumers and it’s
TopTV owner On Digital Media, the first and only company to launch a commercial alternative to incumbent pay-TV operator MultiChoice’s DStv, is in serious financial difficulty. The company’s management team has decided to seek a “business rescue” under section 129 of the new Companies Act. This
United Nations agency, the International Telecommunication Union (ITU), has ranked Zimbabwe second in the “most dynamic country” category of its latest measurements of ICT development. This development is measured using the ITU’s ICT Development Index
TopTV’s acting CEO, Eddie Mbalo, looked relaxed for someone who had been in the hot seat for eight months. He was thrust into the spotlight when the pay-TV broadcaster’s founding chief, Vino Govender, left in February. The broadcaster maintains the separation was amicable, but it is clear
Terrestrial television offers remarkably little choice to SA consumers, who are limited to three SABC channels and commercial free-to-air channel e.tv. Not much has changed in the past decade, except that e.tv has eaten into the SABC’s viewership while DStv, owned by Naspers’s MultiChoice, has grown steadily more dominant as
Broadcaster e.tv says the most recent draft digital terrestrial television (DTT) regulations published by the Independent Communications Authority of SA (Icasa) will make it impossible for free-to-air services to compete with DStv and other pay-TV operators. It says the draft regulations, published in July
The black economic empowerment (BEE) companies established by DStv owner MultiChoice are being paid ordinary and special dividends to the tune of R1bn in the current financial year, the pay-TV broadcaster said on Wednesday. The empowerment
DStv, the satellite pay-TV product owned by Naspers-controlled broadcaster MultiChoice, will launch 13 new channels, including seven new high-definition (HD) channels, on 1 October as it migrates to a new, higher-capacity satellite. MultiChoice will