Naspers, South African broad-based multinational internet and media company, has announced plans to dispose of its shares in Multichoice.In a notice posted on its website, Naspers said it would list the company on the Johannesburg Stock Exchange.Multichoice is the owner of pay-TV service, DSTV.Naspers, who holds a 31% stake in Multichoice, said the shares of the new company will be given [...]
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BY JUBRIL NAIYEJUIt is a safe bet that most Nigerians would want prices of goods and services fixed for years and forever, even. An exception would be members of the moneyed class, who cannot be bothered whether or not prices stay the same and actually view paying eye-watering sums for products and services as a reflection of their status. The other [...]
Naspers Limited, parent company of MultiChoice Africa, is having discussions with MTN, South African telecommunications company, regarding the sale of the company.MultiChoice Africa is the franchise owner of DStv and GOtv.Bloomberg reports that the disposal of MultiChoice Africa will not affect the South African division of the TV network although the plans have not been made public."A sale is one [...]
The management of Shoprite, popular South African retailer, says it will only open two stores in Nigeria over the next 15 months due to lack of retail space.Pieter Engelbrecht, the retailer's chief executive, told Reuters in an interview that it could have opened as much as 13 stores but for space constraint."Look, at Nigeria with the new legislation there where [...]
MultiChoice Nigeria, a Pay-TV company, says it did not cut subscriptions by 20 percent in other countries of operations, while maintaining rates in Nigeria and South Africa.In a statement signed by Caroline Oghuma, public relations manager, DStv, the Pay-TV company said: "Over the last three weeks, there have been media reports purporting that MultiChoice effected a 20 per cent slash in [...]
BY OLALONPE AKINTEYE In life, making decisions based on wrong information, almost always, leads to wrong conclusions and dire outcomes.In the media, where I worked for quite a while, relying on wrong information is a basic ingredient for production of embarrassingly inaccurate or outright false reports. This may not be because the journalist is a fabulist by nature, but because he [...]
Africa Magic has announced a call for entries for the 2017 edition of the Africa Magic Viewers’ Choice Awards (AMVCA).The event which is scheduled to hold on March 3 and 4, 2017 marks the fifth consecutive year of the awards.For the 2017 edition, entries are being accepted for 27 categories while the Trail Blazer category is not up for competition.16 of these categories [...]
Super Eagles and Watford striker, Odion Ighalo, has revealed that while growing up, he watched football matches at viewing centres because his parent could not afford to buy DStv.Speaking after being unveiled as an ambassador of MultiChoice Nigeria, the football star described his new deal as a “dream come true”.The endorsement deal was signed recently at the MultiChoice head office [...]
Multichoice, a video entertainment company, has announced a partnership with Konga, a Nigerian online mall, for the provision of a new platform for making DStv and GOtv subscription payments.According to the proceeds of the partnership, MultiChoice subscribers all over the country can now make their subscription payments using KongaPay, Konga’s online payment solution.JR Kanu, Konga’s associate director of payments and [...]
Five Nigerians have been named as finalists for the 2015 edition of the CNN MultiChoice African Journalist of the Year awards, which features a total of 31 finalists from 15 countries.The five Nigerians on the shortlist are Punch newspaper’s Femi Asu and Arukaino Umukoro; Premium Times editor, Ibanga Isine; Tribune newspaper’s Adewale Emosu and Kọ́lá Túbọ̀sún, a blogger at ktravula.com.Kenya came closest [...]
Multichoice Nigeria Limited, owners and operators of DSTV, has denied disobeying an interim injunction restraining it from enforcing the increase in its subscription rates. While maintaining that courts cannot fix it subscription rates in a free-market economy, Multichoice also said it was served with the court order a few days after it had enforced its price increase. The company said it was served with the orders on [...]
C J Aneke, a justice of the federal high court in Ikoyi, Lagos, has granted an order of interim injunction restraining Multichoice from enforcing its planned increase in cost of the different classes of viewing of its pay TV, DSTV.The judge asked parties to maintain status quo in support of the motion ex parte with an affidavit of urgency sworn [...]
MultiChoice, owners of DStv and GOtv, has announced a 20 percent price increase for all its satellite pay TV bouquets in Nigeria to take effect from April 1, 2015.The subscription fee of DStv’s Premium, Compact plus, compact, access, Family and extra view bouquets are all set to increase, as is the price for GOtv Plus and GOtv bouquet.The increase sees [...]
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