With fewer than 1m broadband digital subscriber lines in service in South Africa, and longstanding exclusive rights to content held by local media companies, there is little demand for – and huge complexity involved in – bringing video content to the
Browsing: Nu Metro
Media group Avusa said last week that 25% of SA video stores had shut up shop in the past year. Rather than the usual culprits of piracy, video on demand and the weak economy, one major industry player is laying the blame squarely at the door of Avusa-owned Nu Metro. Peter Scott, a director at
JSE-listed Avusa reckons about 25% of all video stores in SA have shut up shop in the past 12 months. With an increasing number of South Africans going online to download content, and video-on-demand services being launched in the country in the past two years, the humble video store appears to be in
Avusa CEO Prakash Desai has resigned, the company said on Wednesday. Desai stepped down on Monday and MD of media, Michael Robertson, would act in his place, the Avusa board said in an online statement. Avusa is one of SA’s largest media houses, and publishes
Avusa-owned cinema chain Nu Metro plans to bring the 2010 soccer World Cup to South Africans in 3D. The company announced in newspaper advertisements on Sunday that it would offer 18 games in 3D between this Friday, 18 June, and the final on 11 July. It will be the only opportunity for South Africans to see the
SA’s big cinema chains, Nu Metro and Ster-Kinekor, have reported a surge in movie attendance over the past two years.…