MultiChoice Group, the owner of DStv and Showmax, surprised investors on Monday when it revealed that France’s Groupe Canal+ has acquired 6.5% of its equity, sending its shares leaping higher.
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MultiChoice Group has launched a major new version of its DStv Explora personal video recorder decoder that can deliver content to subscribers in resolutions of up to 4K ultra high definition.
MultiChoice Group-owned Netflix rival Showmax has launched a Pro version of its service in South Africa, offering the full catalogue of content, plus live-streamed sport.
A week after launching Showmax Pro in Kenya and Nigeria, MultiChoice Group has announced the service, which includes live sports, is now available in 40 more countries. South Africa isn’t one of them.
MultiChoice Group’s Showmax has launched Showmax Pro, which offers both video-on-demand entertainment programming and live-streamed sports from SuperSport.
MultiChoice Group-owned Showmax has permanently removed five Leon Schuster-made movies, saying the titles contain “negative racial stereotyping and prominent elements of blackface”.
MultiChoice Group has decided to carry competing streaming television services on its upcoming Explora PVR because the broadcaster wants to position itself as a “super aggregator” of content.
MultiChoice Group has signed agreements with Netflix and Amazon.com to offer the companies’ streaming services through its next-generation Explora personal video recorder decoder.
MultiChoice Group has reported a 14% improvement in trading profit to R8-billion for the year ended 31 March 2020, despite a tough economic environment and the growing threat of Netflix.
In a bid to keep its subscriber base engaged, MultiChoice South Africa has announced various offers to its clients, including free access to 600 Udemy online courses until 31 July.