Naspers released its annual results today (25 June 2013), revealing that MultiChoice has grown its DStv subscriber base by 1,128,000 subscribers over the last year. This means that 6,739,000 households across Africa now have DStv.
New DStv Compact subscribers accounted for 38% of growth, while the DStv PVR base increased 26% year on year to 956,000 subscribers.
When looking at South Africa only, 4,451,000 households now have DStv – up from 3,981,000 a year ago.
What is particularly impressive is that the average revenue per DStv subscriber increased from R298 per month to R307 per month.
This increased revenue per user may be partly due to the success of DStv’s BoxOffice service, which now sees 400,000 movie rentals in South Africa per month.
Naspers’ pay-TV operations generated R30-billion in revenue per year, with an annual profit of R7.6 billion.