MultiChoice's FY24 results show it is technically insolvent

[BBSA]

As opposed to attending said rugby matches?

No

 

[wingnut771]

Like R5, that's what sports cost right??

/s

 

[willisau]

"technically insolvent" is like technically pregnante, either you are or not

 

[Agent_Smith]

"technically insolvent" is like technically pregnante, either you are or not

I read that with an Italian accent, I don't know why...

 

[s0lar]

No

We dee-maaand for free! Welcome to the cause comrade.

 

[R13...]

The loss looks almost entirely related to foreign exchange losses. How does that happen? Is it when they repatriate money or cost of content? I'd think cost of content would be in the cost of provision the services unless they're using clever accounting terms in some enronomics befuddlement.

 

[R13...]

Like R5, that's what sports cost right??

They do have a very cheap mobile option for the premier league I saw a discovery promotion offering it for R20. Not sure what games you'd get.

 

[Lupus]

They do have a very cheap mobile option for the premier league I saw a discovery promotion offering it for R20. Not sure what games you'd get.

Also being mobile, could you see the ball?

 

[R13...]

Also being mobile, could you see the ball?

Well, you'd at least know when they scored and see the ball in slow motion replays

Edit: You can hardly see the ball when on their stream on TV it gets so bad at times.

 

[Lupus]

The loss looks almost entirely related to foreign exchange losses. How does that happen? Is it when they repatriate money or cost of content? I'd think cost of content would be in the cost of provision the services unless they're using clever accounting terms in some enronomics befuddlement.

Also remember the other currencies in Africa that dropped a lot

 

[nazmo]

'Insanity is doing the same thing over and over again and expecting different results. '

 

[Lupus]

Well, you'd at least know when they scored and see the ball in slow motion replays

Edit: You can hardly see the ball when on their stream on TV it gets so bad at times.

I suppose, not watched sport on stream

 

[elf_lord_ZC5]

Next we will see "Multichoice kisses business rescue hello"

Nope, get bought out by Canal+, for a heavily discounted price

 

[elf_lord_ZC5]

Remind me why Canal+ want to buy them?

Think the idea is to become the monopoly broadcaster in all of Africa

 

[Brawler]

How much would you pay?

Maybe R100 per game/match/race?
Or an all inclusive sports channel for R350.

Right now I am paying probably R400 per watch (F1 and occasional rugby).

 

[Lupus]

Maybe R100 per game/match/race?
Or an all inclusive sports channel for R350.

Right now I am paying probably R400 per watch (F1 and occasional rugby).

1 channel for R350? Which sport would you like it to show you? Would need to depend on the rights and their costs though?

 

[elf_lord_ZC5]

1 channel for R350? Which sport would you like it to show you? Would need to depend on the rights and their costs though?

Don't forget, advertising and reslling the rights to other broadcasters should cover their costs admirably

 

[Lupus]

Don't forget, advertising and reslling the rights to other broadcasters should cover their costs admirably

For which sport though? If it's all inclusive one channel for R350, who gets the preference? Say there is an F1 race at the same time as a big rugby match, or soccer match or womens tennis or or? The biggest draw would get preference wouldn't it?

 

[wingnut771]

Maybe R100 per game/match/race?
Or an all inclusive sports channel for R350.

Right now I am paying probably R400 per watch (F1 and occasional rugby).

The problem is that the price you're paying now is subsidised by the 500 other channels. Take that away like PPV where you pay R1000 for a boxing match.

 

[elf_lord_ZC5]

For which sport though? If it's all inclusive one channel for R350, who gets the preference? Say there is an F1 race at the same time as a big rugby match, or soccer match or womens tennis or or? The biggest draw would get preference wouldn't it?

Lucky packet?