MultiChoice posts loss, skips dividend, eyes Showmax expansion
Altogether R16.5bn will be made available to the streaming platform to fund operations and growth
13 June 2023 - 14:16
UPDATED 13 June 2023 - 20:00
Pay TV group MultiChoice may spend more than R10bn in the financial year on local content to differentiate itself and stay ahead of competitors in TV broadcast and online streaming.
Africa’s largest pay TV operator hopes such outlay will drive up customers for Showmax which it aims to make the leading streaming platform on the continent. ..
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