ShowMax is the name of Naspers’s Netflix rival, which will be launched to the media in Johannesburg next Wednesday. That’s according to a report on the entertainment news website Channel24, which is owned by Naspers subsidiary Media24. According
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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
Media and technology group Naspers is said to be planning a video-on-demand rival to Netflix, and may be intending to announce the new service at a media conference in South Africa as early as next week. Naspers owns MultiChoice, which operates
A support group for victims of apartheid on Tuesday called on Media24 and Naspers to create a fund for victims of gross human rights violations after the media company apologised for its role in apartheid on Saturday
Media24 CEO Esmare Weideman has apologised for Naspers’s role in apartheid. “We acknowledge complicity in a morally indefensible political regime and the hurtful way in which this played out in our newsrooms
Naspers is leading a US$4m (about R50m) funding round in Bitcoin start-up BitX. The investment is being made through Naspers payments subsidiary PayU, with BitX’s existing investor, Barry Silbert’s Digital Currency Group, also participating in the round
In a year of multibillion-rand investments, the deal that stands out for Naspers CEO Bob van Dijk is the a joint venture agreement reached with Scandinavian e-commerce rival Schibsted. It is a case of keeping your friends
In a world where the smartphone is becoming ever more dominant, the app store is becoming key to success for an e-commerce business, according to Naspers CEO Bob van Dijk. In 2014, the
Naspers’s video entertainment and Internet businesses showed strong growth in revenue in the year to March 2015, but earnings were once again underpinned by Chinese Internet group Tencent. This as the group
Naspers said on Monday that its core headline earnings, a measure the board considers a reliable indicator of sustainable operating performance, grew by 30% to R11,2bn, up from R8,6bn in 2014