Openview and e.tv owner eMedia has blamed Eskom’s load shedding in part for a hit to its earnings in its latest reporting period.
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eMedia Holdings’ free-to-air satellite platform, Openview, has topped three million activations, nine years after launch.
Exclusive | The SABC has accused SuperSport, SA Rugby and the Premier Soccer League of anticompetitive and exclusionary behaviour.
Openview, the free-to-air satellite television platform in the eMedia Holdings stable, has turned a profit for the first time on the back of a surge in advertising revenue.
Shares in eMedia Holdings leapt higher on Wednesday after it said it expected full-year headline earnings per share to jump by as much as 301%.
eMedia Holdings has reported a sharp increase in revenue and profits for the six months to 30 September 2021, driven by a surge in advertising sales.
eMedia has filed papers in the high court to stop the communications minister from declaring a March 2022 date for analogue television switch-off.
Communications minister Khumbudzo Ntshavheni has drawn a line in the sand, saying the switch-off of analogue television broadcasts in South Africa will happen by the end of March.
The SABC has concluded a distribution agreement with Walt Disney Co that will allow it to broadcast local and international live sporting events, news programming and a library of sporting content from ESPN.
eMedia Investments, the holding company of e.tv, eNCA and Openview, has plunged headfirst into streaming, launching eVOD, a video-on-demand service, in partnership with MTN South Africa.