When Naspers stumbled on a little-known Chinese Internet company in 2001, it could not have dreamed that a US$32m investment would account for more than 80% of the media conglomerate’s R200bn market cap now. Tencent Holdings is the largest Internet solutions provider in China and Naspers, which
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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
Justin Arenstein, 42, is an award-winning journalist, digital media strategist and media rights activist who believes the media’s role may become less one of reportage and more one of analysis as digital media grows and traditional media is forced to adapt or close shop. Key to the shift that Arenstein believes is
DStv operator MultiChoice has added 684 000 subscribers to its pay-television base in the past year. It now reaches 5,6m homes in the markets in which it operates. In SA, it added 492 000 new clients on a gross basis, taking the subscriber base to 4m by the end of March 2012. More than half of
The moustache is dead. It’s hard to believe. Naspers CEO of MIH Holdings, Antonie Roux, who I worked for and with from 1999 to around 2009, was the most livewire person I’ve ever encountered in the workplace. I can’t be more precise about dates and hierarchies because
The man who helped pioneer media giant Naspers’s online expansion, Antonie Roux, passed away in a hospital in Germany in Sunday after undergoing surgery. He was 54. Roux, who was a former CEO of Internet service provider MWeb, joined the Naspers group as a junior technician in 1979 and was a founding member of pay-TV
If DStv-operator MultiChoice gets the go-ahead, get ready for Web addresses such as bigbrother.mnet and guide.dstv sometime next year. The Internet Corporation for Assigned Names and Numbers (Icann) has released a list of the applicants for new generic top-level domains (gTLDs) that will supplement existing
Embattled Kodak, which stopped manufacturing photographic film last year and filed for chapter 11 bankruptcy in January, wants to reinvent itself as a company focused on consumer and commercial printing, rather than on image capturing. To this end, Kodak’s SA operation signed a deal with Incredible Connection
Stellenbosch-based social networking company MXit has a one-year window of opportunity to improve and expand its products and services if it’s going to fend off an onslaught of rival services like instant-messaging application WhatsApp, says its new CEO, Alan Knott-Craig. “The main risk
Internet service provider (ISP) MWeb said on Tuesday that its group CEO, Rudi Jansen, is stepping down at the end of February after 15 years at the Naspers-owned subsidiary. Jansen has held the position of CEO since 2005. DStv Mobile CEO