Marc Jury, CEO of MultiChoice South Africa and Showmax, has resigned. He will leave the group in March.
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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.
MultiChoice Group CEO Calvo Mawela says his company is working to get the Canal+ deal over the line with regulators.
MultiChoice has reported a 99% fall in half-year profit and described the operating environment as “extremely hostile”.
MultiChoice will soon begin rolling out updates to its DStv Stream platform, including introducing a Cloud PVR service.
MultiChoice Group has said in a trading update that it will deliver another set of financial results stained in red ink.
MultiChoice Group, with the assistance of law enforcement authorities, has conducted anti-piracy operations in Gauteng.
TechCentral got an exclusive, behind-the-scenes look at what’s involved in broadcasting a major international sporting event on South African soil.