US senator John McCain has introduced a bill that proposes forcing cable television operators to allow Americans to subscribe to only the channels they choose rather than having to pay for bouquets of channels, many of which they never watch. The prospect of paying only for the channels
Kagiso Media, which has previously expressed interest in launching both free-to-air and pay-television services, says digital terrestrial broadcasting may be on the “brink of irrelevance” and the longer the process is delayed, the less likely new players are to be successful. CEO Omar Essack made the comments
Media and technology group Naspers’s share price touched fresh record highs on Wednesday after China’s largest Internet company, Tencent, in which it holds a 34% stake, beat analysts’ expectations in the first quarter. According to Bloomberg, net income of just over 4 billion
It’s not much to look at — sleek, black and about the size of two decks of cards – but this little box may represent the greatest threat the television industry has faced. A large part of this threat is explained by the logo embossed discreetly on the top of the box – a stylised apple missing a single bite
Perhaps best known for its foray into pornography, TopTV’s anti-climax in the world of broadcasting has resulted in a little-known fact: South Africa has suffered a loss of almost R1,2bn because of this venture, which critics say it should not have flirted with in the first place. Three arms
TopTV has had not an auspicious start to life. Although it was the only one of five new pay-TV operators licensed five years ago by the Independent Communications Authority of South Africa to take on MultiChoice and DStv to actually launch, it was always going to be uphill. The troubled telecaster “celebrated” the end
China’s digital pay-television company StarTimes walked away the winner on Tuesday in the TopTV takeover saga, although at least one of the losing consortiums is considering challenging the legality of the deal. Government will be the biggest loser with losses over R1bn. The meeting
Just a day after it was revealed that a consortium led by MSG Afrika, backed with funding from MultiChoice, was making a bid to buy troubled pay-television operator TopTV, it has emerged that a second company, Wananchi Group, has submitted an expression of interest of its own
DStv operator MultiChoice, which is owned by media giant Naspers, has agreed to back a bid by a broad-based consortium wanting to buy into and rescue the financially troubled On Digital Media (ODM), owner of TopTV. A broad-based consortium led by businessmen
A consortium led by businessmen Given Mkhari and Malose Kekana has made an unsolicited offer to buy a stake in struggling pay-television operator TopTV, website BDlive reported on Monday. TopTV is owned by On Digital Media, which is currently trading under a “business rescue” in
