South African pay TV operator MultiChoice expects trading profit and core headline earnings per share to fall as a result of unfavourable currency trends for its fiscal first half to the end of September – despite a rise in trading profit on an organic basis. The expected increase in losses and headline losses per share […]
South African pay TV operator MultiChoice has posted a rise in profit on an organic basis and an increase in revenue on the strength of its ‘rest of Africa’ performance, but is withholding a dividend in part to focus on investment in its Showmax streaming platform. Revenue was up 7% (or 4% organically) to ZAR59.1 […]
South Africa-based pay TV operator Multichoice has teamed up with Comcast’s NBC Universal and Sky to form a new Showmax group which will deliver some of the world’s best content and technology to streaming customers across MultiChoice’s 50-market footprint in sub-Saharan Africa. The companies said the new partnership is designed to create a leading streaming service in […]
MultiChoice-owned streaming service Showmax has unveiled a deal that will see it become the new home of wrestling’s WWE Network in sub-Saharan Africa. Under the terms of the extensive partnership, all WWE Premium Live Events as well as WWE Network’s library of original and archived programming will be available to stream on-demand. Additionally, SuperSport, the sports […]
South African pay TV operator MultiChoice’s streaming service Showmax has begun to offer live sports as part of its programming line-up, including English Premier League football. The new Showmax Pro offering is available in Kenya and Nigeria, taking sports coverage from sister MultiChoice’s sports broadcasting unit SuperSport. The latter is offered as part of MultiChoice’s […]
South African conglomerate Naspers is to spin off Africa’s leading pay TV operator MultiChoice as part of a move designed in part to assuage investor concerns about its own share price. Naspers plans to float MultiChoice on the Johannesburg Stock Exchange and simultaneously unbundle the shares in the business to its shareholders. The new company, […]
The European subscription video-on-demand (SVOD) market is due to reach revenues of US$6.8 billion in 2022, up from US$3.9 billion in 2017, according to Kagan research. The S&P Global Market Intelligence research group said that Netflix’s localised presence throughout Europe was one of the “main factors” contributing to this growth. Other cited factors were the […]
Vodafone Ghana has teamed up with Naspers-owned subscription video-on-demand service Showmax to provide content for its broadband customers. Vodafone is offering new and existing ADSL and fibre broadband customers in the country with unlimited access to Showmax content and 3GB of additional data for 30 days at no extra cost to promote Showmax to its […]
Naspers-owned video-on-demand service, Showmax, has partnered with Polish mobile operator Play. All new and existing Play contract customers will get free access to Showmax, which launched its internet TV offering in Poland in February. The agreement will make Showmax available to some 8 million Play customers and is part of Showmax’s plan to accelerate the rollout […]
Naspers-owned South African subscription video-on-demand provider ShowMax has teamed up with short-form best-of-the-internet channel The QYou to curate a series of shows in East Africa. ShowMax has selected The QYou to increase its reach among millennial audiences through the launch of a new series, Q Hits, that features a curation of short-form online videos. The […]
