Naspers chairman Koos Bekker sold nearly 11,7m Naspers N shares recently, reducing his interest in the international media giant by more than 70%. Bekker retired as the CEO of Naspers in March last year, and took the reins as chairman from Ton Vosloo in April this year
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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
MTN has just upped the ante in the developing war with rival video-on-demand operators by announcing that it will zero-rate data usage for those streaming content on its FrontRow service. The
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
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
Naspers’s new online video-on-demand platform ShowMax will have all the seasons of Game of Thrones and other top television series and movie titles at launch. It has also been confirmed that
On the same day that Naspers is set to take the wraps off its new video-on-demand service called ShowMax, another VOD player, Times Media Group’s Vidi, has claimed it’s become the first to market in
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