Multichoice is burning

[Creag]

However, a City of Joburg emergency services spokesperson stated that “waterproofing repairs on the roof of the media solutions building” might be the cause of the fire.

Therefore, this was some negligent contractor. The irony of using flame to waterproof.

The number of significant and large fires I have seen in insurance that are directly related to roofing contractors is frightening. And not always are they of the professional sort either. In one case, they employed a lad who knew how to do the work; he was welding on the roof directly above drums of flammable liquid below on the warehouse floor. As the advert says, what could go wrong

 

[lkswan747]

Thats just a re-run/repeat I saw that fire about two years ago on channel 192

Just before DSTV cut the channel!

 

[Utterly Confused]

I thought it was Steve being upset with multichoice again.

Good one, I was sipping a cup of coffee when I read it and splatted it all over the computer screen.

 

[lkswan747]

Better add fuel to the fire before the price of fuel goes up.

 

[BeerIsNotGood...]

Correction. Car near multichoice burning... sorry folks
View attachment 724496

At least, that's the smoke I see.

I see there are other reports of a fire at monochoice itself.

Cock Tease you are

 

[SauRoNZA]

Thats just a re-run/repeat I saw that fire about two years ago on channel 192

You joke but the exact same scenario played out in front of the Naspers building in Cape Town about 10 years ago.

 

[SauRoNZA]

Considering the massive fire and destruction of Paarl Print a few years ago this actually isn’t uncommon to Naspers at all.

 

[Magnum]

Did I read "SuperSport" ???!!?!

Jissis...this shcit better not screw up my RWC QF viewing on Sunday.

I have a feeling the real pyromaniacs are going to start if there is no Rugby.

 

[Lupus]

Considering the massive fire and destruction of Paarl Print a few years ago this actually isn’t uncommon to Naspers at all.

Though Multichoice is no longer Naspers?

 

[Grant]

Correction. Car near multichoice burning... sorry folks
View attachment 724496

At least, that's the smoke I see.

I see there are other reports of a fire at monochoice itself.

Screw you - fekking grinch!!!!!

 

[SauRoNZA]

Though Multichoice is no longer Naspers?

Technically on paper I guess not, but at the end of the day still all the same people in charge.

 

[Lupus]

Technically on paper I guess not, but at the end of the day still all the same people in charge.

Nope, it's unbundled, Naspers hasn't got anything to do with Multichoice any longer.

 

[SauRoNZA]

Nope, it's unbundled, Naspers hasn't got anything to do with Multichoice any longer.

And you want to tell me the same shareholders don’t their fingers in all the same pies?

 

[Lupus]

And you want to tell me the same shareholders don’t their fingers in all the same pies?

Who knows but they aren't on the board and Naspers isn't putting any money into the place. Had a friend who worked there, he's now in the middle East but he was there during the split and it was a pretty clean break by the looks of it.

 

[ThinkCentre]

I thought the title of the article ment that they are getting much better!

 

[NarrowBandFtw]

And you want to tell me the same shareholders don’t their fingers in all the same pies?

Each Naspers shareholder was allocated a Multichoice share for every Naspers share they held at the time. In addition large portions of shares were allocated to specific groups for BBBEE purposes for example and most likely a chunk remained with Naspers.

Naspers announces completion of listing and unbundling of MultiChoice Group

Naspers announces completion of listing and unbundling of MultiChoice GroupAdditional 5% stake of MultiChoice South Africa allocated to Phuthuma Nathi shareholders for no considerationSignificant step in Naspers’ transformation into global consumer internet company Naspers is pleased to confirm...

www.naspers.com

TL;DR yeah it is still the same shareholders, Naspers is ruthless though, they don't have qualms with severing a failing business model, imo that's exactly what they prepared for here

 

[kianm]

So did this mess up any part of the broadcasts / transmissions that customers immediately felt?

 

[Aquila ka Hecate]

So did this mess up any part of the broadcasts / transmissions that customers immediately felt?

DSTV aren't admitting it - but yesterday evening my picture was breaking up and random error notices were popping up and then the screen blacking out.
DSTV care couldn't help me fix it, although they tried.
This morning I cancelled my DSTV subscription.

 

[SauRoNZA]

Each Naspers shareholder was allocated a Multichoice share for every Naspers share they held at the time. In addition large portions of shares were allocated to specific groups for BBBEE purposes for example and most likely a chunk remained with Naspers.

Naspers announces completion of listing and unbundling of MultiChoice Group

Naspers announces completion of listing and unbundling of MultiChoice GroupAdditional 5% stake of MultiChoice South Africa allocated to Phuthuma Nathi shareholders for no considerationSignificant step in Naspers’ transformation into global consumer internet company Naspers is pleased to confirm...

www.naspers.com

TL;DR yeah it is still the same shareholders, Naspers is ruthless though, they don't have qualms with severing a failing business model, imo that's exactly what they prepared for here

Yeah my opinion with the unbundling is also that the Naspers group itself wants to kill it off without hurting their own share price if it needs to happen.

*I used to work for the whole lot.

 

[EL'Diablo]

is it dead yet?