MultiChoice buys R1.8-billion stake in BetKing

[Jamie McKane]

MultiChoice buys R1.8-billion stake in BetKing

MultiChoice Group Ltd. plans to develop more local productions with Vivendi SA’s Canal+, the French media group that’s built a 12% stake in Africa’s largest pay-TV provider.

While Canal+ has described its acquisition of shares in Johannesburg-based MultiChoice as “a long-term financial investment,” the South African group has seized on the opportunity to work with its new investor, according to Chief Executive Officer Calvo Mawela.

 

[Jet-Fighter7700]

so next will be sports betting from the comfort of your DSTV remote,
sure the bribes to enable this will be big,

 

[Rickster]

Yet they cant reduce their premium package prices.

Tsek.

 

[Creag]

Diversifying from their current source of income makes business sense. Subscription cable television is likely to decline over time. It is what Naspers did many years ago. It paid off royally for them.

 

[Yskasmetnstoof]

What's next? Brothels?

 

[WaxLyrical]

What's next? Brothels?

Already done.
They've been screwing you for decades.

 

[mercurial]

And yet it still had SD channels. Money well spent, hey?