As large internet companies in the US such as Apple and Amazon aim to increase their presence in video content, Naspers's unbundling of MultiChoice, Africa's largest pay-TV operator, has raised questions about the company's long-term strategy. Naspers CEO Bob van Dijk says: "Video is a great space and a hugely competitive space with different dynamics depending on where you are in the world. Do we see the [video] landscape as steady? I would say no. Does it provide opportunities? We'll see." Video is huge in terms of the time that people spend online, he says, adding that "whether or not we will make other investments in video, it's hard to say". Created by Naspers chair and former CEO Koos Bekker, MultiChoice officially left the nest in February, listing on the JSE after two decades as part of the group. On the same day that Naspers announced its proposed listing of NewCo - a new entity housing its international assets, in which Naspers will have a 75% shareholding - Apple announce...

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