Black was crazy, says Cell C CEO

B-1 said:
Cellc spent crazy amounts on content to the point where they needed to be more expensive than Netflix just to break even. SABC has content they just need the technology to stream it. Its two very different situations.
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Ahh all the tech they will need is maybe 2-3 raspberry PI’s
 
It is a pity Cell C never invested as much resource and effort into their network. Idiots!
 
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wizardofid said:
Don't forget mtn also have a streaming service that failed within a year. They had much better content, was frontrow before rebranding as vu. Yeah streaming services locally don't do well ......
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I don't think any streaming services do well, even the big international guys don't make a profit. IMO the only way to make it long term is to have enough investment capital to make a loss for the next decade or so while you take as much market share as possible and wait for the market to settle. Or you have a streaming service as a way to enhance your other products and differentiate yourself from competitors but keep the costs low.
 
B-1 said:
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I don't think any streaming services do well, even the big international guys don't make a profit. IMO the only way to make it long term is to have enough investment capital to make a loss for the next decade or so while you take as much market share as possible and wait for the market to settle. Or you have a streaming service as a way to enhance your other products and differentiate yourself from competitors but keep the costs low.
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Oh trust me they make a profit, Netflix has been burning a bit of cash on shows and movies but they have gone from just over half a billion in 2017 to 1.9 odd billion in net income in 2019. even amazon prime makes a fair of money granted not as much as Netflix likely around 50 to a 100 million, just a guesstimate but considering they made 1.9 billion net income on 51 billion revenue they can afford to make a loss or smaller profit as they build the streaming service.However lately amazon has been burning a lot of cash on the entire business they will likely slow down at some point but 1.9 billion profit isn't bad at all with the amount of cash they are burning.

hbo has cable services and streaming services so they are making money, Hulu pulled in 1.5 billion in ad revenue while it still doesn't make much profit if any Walt Disney is the owner backing them so they have the cash to burn.

Streaming services coming from the us have a much bigger population and larger audience then we have, fair bit of competition and still manages to come out with record breaking revenue year on year.Very few streaming services outside of south Africa that don't turn some profit whether 5 dollars or a 100 million they are still turning profit.

our market is too small and lacking local content that measures up to international standards will never turn a profit reliance on international content to stream underpins any profit they would make.
 
Oh Dougie, I could have told you this would fail for a few mill consultancy fee. I could have saved you a bill. Silly man.
 
The SABC's catalogue of Afrikaans children stories are also something a lot of parents will pay for. It was the initial reason I signed up for Showmax.
 
elf_lord_ZC5 said:
Black's streaming box was crap over priced and locked, now useless ...
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Reminds me of that time I was with a black chick and she started to stream all over my lap from her box...good times.
 
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