MultiChoice is very greedy and disliked, and this will come back to bite it - Analyst

[Jamie McKane]

MultiChoice is very greedy and disliked, and this will come back to bite it - Analyst

Independent analyst Chris Gilmour said MultiChoice is not liked and very greedy, which does not bode well for its future prospects.

Gilmour was speaking to Business Day TV about French media company Groupe Canal+ acquiring another big chunk of shares in MultiChoice.

 

[TimTDP]

I dislike them!

 

[Ninja'd]

Keen analysis.

 

[DailyTech]

I agree

 

[Pineapple Smurf]

 

[dj2381]

Is myBB allowed to post articles like this? Won't multi-choice pull their funding?

 

[Creag]

Greedy? Disliked? Wow. Who would've thunk this

 

[Petec]

Is myBB allowed to post articles like this? Won't multi-choice pull their funding?

This post need a laugh and a like

 

[Juzzy]

I couldn't agree more with the analysists comments. I can't think of anyone I know who has DSTV saying how happy they are with the brand and service, they ALWAYS begrudge them and the excessive and monopolistic pricing and if they make a deal with the Netflix etc it will get even worse and be worse for the SA consumer. This is all besides the stuff the government is pushing in the digital space. Although I do agree, these companies should pay tax in the jurisdictions they operate in but the other questions is why pay tax when it's simply going to be stolen . . .

 

[saturnz]

toddlers are analysts now?

 

[garyc]

Maybe Netflix is not as big a rival as always claimed. Most DSTV customers are on the lower end packages where they are less likely to go for streaming services. Those who are likely to switch are the relatively small amount of premium customers who are being heavily milked while the going is good.

 

[Binary_Bark]

I wonder why..

MultiChoice did not directly respond to Gilmour’s statement that the company is greedy and disliked.


A MultiChoice spokesperson told MyBroadband it is not their policy to comment on the personal views of third parties, including market commentators and analysts.

 

[Sarg3_ZN]

I wonder why..

They can't argue that he is right, so they have go with no comment

 

[Jet-Fighter7700]

toddlers are analysts now?

apparently they generate clicks and eyeballs on adverts.

 

[JohnStarr]

Never needed to read that article. It's like a power analyst saying that we have a problem with power generation in yet another weekly article about the same-old-same-old.

 

[mercurial]

This is a MASSIVE change from the usual pandering...

 

[xrapidx]

Most people I know are big into sport and see DSTV as a grudge purchase to access sport.

 

[Cius]

Perhaps with their DSTV products. I found them very forward thinking in launching showmax. Its cheap, its good, and every time I think its time to cancel not much more I want to watch they land more series that I get into for an affordable cost. Few companies are willing to compete with themselves as they did with Showmax and now even sport is moving onto their streaming side and into showmax. Heck, I watched the Rugby world cup final on showmax. So yes, but no. I think they are actually very forward thinking and had they not been Netflix would have utterly destroyed them. Instead they genuinely compete with Netflix, and in some areas (like BBC content) they outperform netflix.

 

[Swa]

A MultiChoice spokesperson told MyBroadband it is not their policy to comment on the personal views of third parties, including market commentators and analysts.

How about commenting on the public's perception of your product?

 

[envo]

I wonder why..

I was about to highlight that they had to make a company policy about this for a reason...

Vivendi already has a big market share in everything including streaming services.

It seems that the monolith that is Multichoice don't know what a "corporate takover" looks like?

What Is a Takeover?​

A takeover occurs when one company makes a successful bid to assume control of or acquire another. Takeovers can be done by purchasing a majority stake in the target firm. Takeovers are also commonly done through the merger and acquisition process. In a takeover, the company making the bid is the acquirer and the company it wishes to take control of is called the target.


Takeovers are typically initiated by a larger company seeking to take over a smaller one. They can be voluntary, meaning they are the result of a mutual decision between the two companies. In other cases, they may be unwelcome, in which case the acquirer goes after the target without its knowledge or some times without its full agreement.

So yea... they think Vivendi is seeing them as a long-term investment, whereas the rest of us can see that they're trying to acquire as much shares as possible to take over after talks of buying them had failed. This way, they can get a foothold in Africa with a well-known brand and then ACTUALLY deliver on choice/streaming services etc.