Tag: local content

The TV licence system is on life support. Less than 20% of South Africans with a licence actually pay. The costs of chasing payments often outweigh the revenue collected. People simply don’t see value in funding a public broadcaster anymore. They have an endless stream of content available elsewhere. That said, the South African Broadcasting Corporation (SABC) still matters.

In the past few years, we’ve seen the increase of wind and solar power generation as a cost-effective substitute for fossil fuels. Solar power is notorious as a go-to option and the fastest-growing energy source, playing a critical role to achieving a sustainable carbon free future. However, with renewable energy not available twenty-four hours a day, the need for balanced and flexible power generation is becoming rapidly apparent.

MultiChoice Group (MCG, or the group), Africa’s leading entertainment company, executed well on its operational objectives during the six months ended 30 September 2023 (1H FY24).

MultiChoice Group (MCG), Africa’s leading entertainment company, returned its Rest of Africa business to profitability and further expanded its consumer services ecosystem during the year ended 31 March 2023 (FY23).

MultiChoice Group (MCG or the group) grew its user base by 5% during the period ended 30 September 2022 (1H FY23). An ongoing focus on leveraging the group’s local capabilities added 1.0 million 90-day active subscribers to close the period on 22.1 million subscribers, with the subscriber base split between 13.0 million households (59%) in the Rest of Africa and 9.1m (41%) in South Africa.

MultiChoice Group (MCG, or the group), Africa’s leading entertainment company, delivered steady margins for the year ended 31 March 2022 (FY22). Reduced losses in the Rest of Africa (RoA), a rebound in advertising revenues and a continued focus on cost containment enabled us to absorb the R1.1 billion impact of a normalisation in content costs as live sport returned and we resumed our local content production post the COVID-19 lockdowns.

South Africa's energy landscape is currently challenged by load shedding and ageing coal-fired power stations. Looking through this crisis, we see some opportunities that the market can capitalise on. In the broadest sense, the country now has a chance to leapfrog from the coal era into the new energy technologies of the 21st century.

MultiChoice has released interim results for the six months ended September 2021. The big news of course is that sport is back on TV. You can only watch so many Come Dine With Me reruns before craving a bit of Springbok or Protea action. Events like Euro and the Tokyo Olympics added to an action-packed period.

MultiChoice Group (MCG, or the group), Africa’s leading video entertainment company, delivered resilient financial results for the six months ended 30 September 2020 (1H FY21). The group added 1.2m 90-day active subscribers year-on-year (YoY), to close the period on 20.1m households, exceeding the 20m subscriber milestone for the first time. The customer base is split between 11.4m households (57%) in the Rest of Africa (RoA) and 8.7m (43%) in South Africa.