Multichoice is partnering with Comcast to launch a new streaming service – which will completely restructure Showmax.
South African media group Multichoice is partnering with Comcast’s NBCUniversal and Sky to create and launch a new mega-streaming service in Africa.
“It will build on Showmax’s success to date and strive to create the leading streaming service in Africa,” Multichoice said. “Although Africa has lagged somewhat, it is now approaching an inflection point in terms of broadband connectivity and affordability. While Multichoice continues to invest in its linear pay-TV businesses to drive growth and increased penetration, it believes that this is an appropriate time to step up its ambition and investment in the subscription video-on-demand /over-the-top segment,” it said.
“Multichoice believes the agreement with the Comcast group provides an opportunity to capture the best of both partners’ capabilities and competitive advantages to deliver a differentiated SVOD service, that offers world-class, affordable products which can compete with the best in the world. EarthCo will provide a streaming service on the African continent, powered by Peacock’s leading, globally scaled technology and using the well-known Showmax brand.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DStv-owner MultiChoice announces massive streaming video dealMultiChoice has effectively sold a 30% stake in Showmax to a US broadcasting giant.
Read more »
MultiChoice partners with Vumatel to boost fibre offeringDStv operator to offer range of bundled and stand-alone fibre packages to customers
Read more »
MultiChoice props up fibre push with Vumatel partnershipMultiChoice is intensifying its foray into the ISP market, following a fibre deal with Vumatel. Vumatel streaming
Read more »
KEEP AN EYE OUT: Cate Blanchett stars in Tár, and more biopics – from Princess Diana to the UnabomberMaverick Life’s pick of films and series to look out for in March 2023 on Netflix, Showmax, Amazon Prime Video, Disney+, Apple TV+, and in cinemas.
Read more »
DStv-owner MultiChoice announces massive streaming video dealMultiChoice has effectively sold a 30% stake in Showmax to a US broadcasting giant.
Read more »
New Report Highlights the Challenge of Professionalizing South Africa's Public Service - New South InstituteThe report 'Personalising and Depersonalising Power' highlights South Africa's urgent need for a professional and impartial public service based on merit to avoid corruption and promote democracy. The report emphasizes building an autonomous administration and assessing managerial competency for executive appointments.
Read more »