@Sbudah,
In a nutshell, DSTV (Naspers) finds itself in a seemingly unassailable position. They are the default monopoly in a lot of countries and especially with regards to the content type that they provide, such as sports.
However, their business model, no matter how polished and slick, is becoming outmoded by cheaper and more open systems of content delivery.
This is not unique to SA.. The exact same thing is currently happening in the USA, and the UK, with their incumbents.
So, to answer your question, ye... It's a bit of greed. In fact a lot of greed. While sourcing content is expensive, they really do make do. Just look at their balance sheet. DSTV is a very profitable investment and they pay their shareholders well. That is the primary function of any company. Make a healthy profit and re-invest a goodly portion of that profit to remain dominant.
However, when you get a company such as DSTV, a lot of what they do, is becoming a "basic service" and as such, they need to change their business model and move with the times. They are not and are rather doing all they can to stifle competition, when they should rather be innovating.
It's the same as Telkom... When ADSL started here in SA, all Telkom had to do was drop the land line charge, and make internet access realistically affordable for the masses. They would have been the only player and we the consumer would not have cared, as long as we received good pricing and service. Telkom could have owned it all in SA, retail as well as wholesale and distribution, but no. They were greedy and non-innovative.
The same is happening with DSTV and their major defence are scare tactics and using every trick in the book, to protect themselves.
Take a read of this excellent article about DSTV's monopoly in Nigeria:
http://www.vanguardngr.com/2014/11/dstv-monopoly-facts-fallacies/
Fact is, DSTV is doing nothing technically/legally wrong, but definitely morally/ethically. All the worlds major broadcasters are doing the exact same thing. It's now been challenged by the internet and subsequent services, and the future is definitely looking veeeery interesting
