The French group reports a 40% revenue increase to R81.8 billion, driven by the consolidation of MultiChoice’s financial results.
Discovery Bank expands its AI-driven banking tools, and introduces new services as it reports fraud reduction wins.
Media entrepreneur Thabile Ngwato believes linear TV and over-the-top streaming are coexisting, not competing, as audiences fragment across multiple viewing platforms.
ITWeb TV: Entrepreneur Thabile Ngwato on building a digital media empire | Ep #136
In this episode of ITWeb TV, Thabile Ngwato, Newzroom Afrika co-founder, as well as founder and CEO of Rapid Innovation Group, explains why linear TV remains dominant in South Africa despite OTT growth and shifting audience behaviour. #OTT #Broadcasting
Cases linked to illegal digital activities have been concluded in the Paarl Regional Court and the Worcester Regional Court.
Canal+ reports its first financial results since acquiring MultiChoice, with the South African pay-TV operator boosting group revenue by R13 billion.
The video streaming platform targets increased accessibility through zero-rating, artificial intelligence and gamification, as it transforms into a content aggregator.
The delisting of the video entertainment group will proceed upon commencement of trading on the JSE and A2X on 10 December.
A joint operation in Lenasia results in the successful seizure of hundreds of illegal streaming devices valued at over R500 000.
Willington Ngwepe has been appointed as CEO of the newly-created LicenceCo, the holder of SA’s subscription broadcasting licence for DStv.
The platform celebrates 30 years of innovation, marking its evolution from satellite TV pioneer to a digital and streaming giant.
The competition watchdog has given the green light to the proposed transaction, subject to agreed restructuring conditions.
Amid declining revenues and subscribers, the deal brings scale, tech synergies and long-term sustainability, says CFO Tim Jacobs.
Forensic probe finds irregularities in R1.2bn SITA tender
In this week's tech news roundup, A forensic investigation has uncovered irregularities in the awarding of a R1.2 billion tender by the State Information Technology Agency (SITA). Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #Multichoice #bitcoin News Links: https://www.itweb.co.za/article/multichoice-sa-ceo-marc-jury-resigns/kLgB17ezlEBM59N4 https://www.itweb.co.za/article/sabotage-fears-as-sa-readies-r100m-satellite-project/GxwQDq1D12BMlPVo https://www.itweb.co.za/article/multichoice-engages-icasa-on-r30bn-canal-takeover/lwrKx73YgB1qmg1o https://www.itweb.co.za/article/south-africans-can-now-buy-property-using-crypto-currency/WnpNgq21JX8MVrGd https://www.itweb.co.za/article/fired-sita-board-meets-minister-over-reinstatement/JBwErvn3DpL76Db2
MultiChoice loses 800K subscribers amid rapid profit decline
In this week's tech news roundup, Video entertainment firm MultiChoice is facing “the most challenging operating conditions in almost 40 years" to generate desired returns. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #Multichoice #revenue News Links: https://www.itweb.co.za/article/sa-on-cusp-of-becoming-centre-of-innovation-says-nyati/G98Yd7LGL3EvX2PD https://www.itweb.co.za/article/mtn-group-revenue-plummets-in-q3/WnpNgq21JwoMVrGd https://www.itweb.co.za/article/it-skills-recycling-widens-sas-skills-gap/WnxpEv4Y9aV7V8XL https://www.itweb.co.za/article/heated-debate-over-states-intended-digital-infrastructure-firm/KWEBb7yLGm1vmRjO https://www.itweb.co.za/article/multichoice-loses-800k-subscribers-amid-rapid-profit-decline/KzQenqjynV5MZd2r