Showmax lost R1.2 billion last year

[Daily Investor]

Showmax lost R1.2 billion last year

MultiChoice revealed that Showmax lost R1.2 billion in the last financial year but would not disclose all historical losses.

 

[porchrat]

-Quick! Implement -1 concurrent streams! That'll fix it!

 

[Pineapple Smurf]

Yes, we saw the article last week

 

[Sideshow Bob]

shows them. Why did we boycott them ?

 

[Wut]

shows them. Why did we boycott them ?

When they removed all the Leon Schuster movies?

 

[Randux]

I want Showmax to win

 

[SubtleBeast]

“We need to invest significantly ahead of the curve. You can’t wait for these two trigger events to happen,” he said.

“The adoption rate in other emerging markets shows that it happens very quickly after these events happen. You have to invest early.”

This guy talks a lot of k*k.
Doesn't he know that it only takes two weeks to flatten the curve?

 

[NightShift]

The interesting point in the article is that they're relaunching on NBCs platform which to me implies that they are ditching their current solution. You can bet that there were hundreds of millions of rands poured into that and it was clear that it was nowhere close to the industry leader is terms of performance and ease of use. If they can get the sport offering correct - football and UFC - then sure, I'll come onboard.

 

[KatieKim]

The interesting point in the article is that they're relaunching on NBCs platform which to me implies that they are ditching their current solution. You can bet that there were hundreds of millions of rands poured into that and it was clear that it was nowhere close to the industry leader is terms of performance and ease of use. If they can get the sport offering correct - football and UFC - then sure, I'll come onboard.

I wonder how that will affect their satellite customers? A lot of programming that I (used to) record comes from NBC.


“We need to invest significantly ahead of the curve. You can’t wait for these two trigger events to happen,” he said.

You need to stop pumping billions into your BEE charity projects and invest more into programming. You can't support the community if you don't have customers.

 

[lordnokon]

When they removed all the Leon Schuster movies?

Racist commies

 

[Solver]

Can we rather get an article when any of the anc's bee poster children posts a profit? It's annoying having the constant gross incompetence being made obvious. Sigh