Uncharted territory for DStv

[Hanno Labuschagne]

Uncharted territory for DStv

After nearly 40 years, South Africa’s premier pay-TV company, MultiChoice, is no longer South Africa-owned. It has been acquired by French media titan Groupe Canal+ and delisted from the JSE.

At the same time, MultiChoice faces the loss of one of its longest-standing partners and the inspiration for the original M-Net channel, HBO.

 

[Randomwasavailable]

This is by no means a perfect summary.

It initially grew because it gave the people what they wanted. It shifted its focus on protecting its interests and ignored what its clients wanted. It had to be purchased to survive. This is sad and I wished it success, but the damage is self-inflicted and only came about after for a very long time ignoring all the warning signs and all the calls for positive change.

 

[FiestaST]

 

[Pegging]

View attachment 1872905

 

[Mariuspay]

If they lose that 12 channels I am leaving DSTV.

 

[Lupus]

If they lose that 12 cannels I am leaving DSTV.

How many of them do you watch?

 

[Brian_G]

After nearly 40 years, South Africa’s premier pay-TV company, MultiChoice, is no longer South Africa-owned. It has been acquired by French media titan Groupe Canal+ and delisted from the JSE.

Thank goodness. SA-owned has become less and less desirable all too often.

 

[Smiggles]

Need 67 articles still before Christmas.

 

[FiestaST]

67?

 

[RedViking]

If they lose that 12 cannels I am leaving DSTV.

as long as they they don't lose the 12 camels

 

[Creag]

Canal, cannels, camels and channels. What an article!

 

[Brian_G]

Canal, cannels, camels and channels. What an article!

Don't forget the 6 7

 

[Brian_G]

This is by no means a perfect summary.

It initially grew because it gave the people what they wanted. It shifted its focus on protecting its interests and ignored what its clients wanted. It had to be purchased to survive. This is sad and I wished it success, but the damage is self-inflicted and only came about after for a very long time ignoring all the warning signs and all the calls for positive change.

Much of it was following the way of the corporate world though. Absolute power and all that...

The rest of the problem - typical modern-SA tunnel vision.

 

[The Gilded]

So the message is this:

You risk everything you have to found a company based on only a vision, devote decades of your life to build it into one of the biggest in Africa only to have it ruined by BBBEE incompetence then sold to Europeans who cannot compete with Netflix.

This sums up business in South Africa today and why it's just demoralising.