JSE-listed media group Naspers will fork out R2,9bn and give up its stake in Mail.ru in exchange for a 28,7%…
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Pay-TV competition? What pay-TV competition? Naspers-owned MultiChoice grew its SA subscriber base by 450 000 to 2,8m homes in the 2010 financial year. And it added 1,1m new subscribers in other African markets. SA consumers, it would appear, weren’t tempted to put off their purchasing decisions until after the May launch of On Digital Media’s TopTV, the first direct competitor to MultiChoice