{"id":542011,"date":"2024-06-26T18:59:05","date_gmt":"2024-06-26T16:59:05","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=542011"},"modified":"2024-06-26T19:04:55","modified_gmt":"2024-06-26T17:04:55","slug":"south-africans-cutting-dstv-cord","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/broadcasting\/542011-south-africans-cutting-dstv-cord.html","title":{"rendered":"South Africans cutting DStv cord"},"content":{"rendered":"<p>MultiChoice is struggling to maintain its DStv subscriber base, with years of price hikes making the pay-TV service expensive and unaffordable for many South African residents.<\/p>\n<p>The company&#8217;s annual results for the 2023\/24 financial year revealed that it <a href=\"https:\/\/mybroadband.co.za\/news\/broadcasting\/540801-dstvs-death-by-1-6-million-cuts.html\">lost roughly 1.6 million DStv subscribers<\/a> across all regions in which it operates.<\/p>\n<p>While MultiChoice said subscriber losses in the Rest of Africa were primarily to blame for the overall losses, DStv continues to bleed subscribers in South Africa.<\/p>\n<p>DStv splits active subscribers into three segments, with each representing a different set of DStv subscriptions as follows:<\/p>\n<ul>\n<li><strong>Mass Market\u00a0<\/strong>\u2014 DStv Family, Access, and EasyView subscribers<\/li>\n<li><strong>Mid-Market\u00a0<\/strong>\u2014 DStv Compact and Commercial subscribers<\/li>\n<li><strong>Premium\u00a0\u00a0<\/strong>\u2014 DStv Premium and Compact Plus subscribers<\/li>\n<\/ul>\n<p>Combined, the three segments lost roughly 700,000 subscribers in South Africa, with the mid-market segment seeing the most significant decline.<\/p>\n<p>DStv Compact and Commercial subscribers in South Africa declined by approximately 400,000 between 1 April 2023 and 31 March 2024.<\/p>\n<p>The segment had grown from 2.8 million subscribers in 2018 to 3.1 million in 2021, after which it has only seen declines.<\/p>\n<p>The Mass Market segment showed strong growth from 2018 to 2023 before recording its first subscriber decline during the 2023\/24 financial year.<\/p>\n<p>Combined, DStv Family, Access, and EasyView subscribers sat at 2.5 million in 2018. Between 2018 and 2020, it overtook the mid-market segment, growing to 3.1 million subscribers.<\/p>\n<p>The strong growth continued until the Mass Market segment reached 5.3 million subscribers in 2023. The figure dropped to 5.1 million for the 2023\/24 financial year.<\/p>\n<p>DStv&#8217;s Premium segment has only seen subscriber declines since 2018, with some periods when subscriber numbers remained stable.<\/p>\n<p>DStv had 1.6 million Compact Plus and Premium subscribers in 2018 but has lost roughly 400,000 over the past six years.<\/p>\n<p>The segment lost roughly 100,000 subscribers in South Africa between 2018 and 2019.<\/p>\n<p>It lost a further 100,000 subscribers between 2021 and 2022 after remaining at 1.5 million South African users in 2020.<\/p>\n<p>DStv&#8217;s premium segment lost approximately 100,000 South African subscribers between 2022 and 2023 and again between 2023 and 2024.<\/p>\n<p>The chart below tracks DStv&#8217;s active subscriber losses across its mass-market, mid-market, and premium segments from 2018 to 2024.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-542029\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final.jpg\" alt=\"\" width=\"1861\" height=\"961\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final.jpg 1861w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final-600x310.jpg 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final-800x413.jpg 800w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final-768x397.jpg 768w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final-1536x793.jpg 1536w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/06\/South-Africans-cutting-DStv-Cord-final-1200x620.jpg 1200w\" sizes=\"(max-width: 1861px) 100vw, 1861px\" \/><br \/>\nOver the same period between 2018 and 2024, MultiChoice has hiked DStv prices by an average of 21% across all of its packages.<\/p>\n<p>Interestingly, DStv&#8217;s most expensive package \u2014 Premium \u2014 has seen the lowest proportional price increase over the period at roughly 15%.<\/p>\n<p>DStv Access customers have been the hardest hit, with prices increasing a whopping 40.4% from R99 in 2018 to R139 in 2024.<\/p>\n<p>The only package that hasn&#8217;t been hit with any price hikes over the period is DStv EasyView, which has remained at R29 per month.<\/p>\n<p>Many South Africans, frustrated with the constant price hikes and repeats on MultiChoice&#8217;s satellite TV packages, have said they only keep their DStv Premium subscription for the unmatched sports offering.<\/p>\n<p>MultiChoice owns SuperSport, which has the rights to broadcast a wide range of sports events, including rugby, soccer, cricket, and motorsport, leaving limited other options for South African sports fans.<\/p>\n<p>However, Canal+ Group Chair and CEO Maxime Saada said DStv <a href=\"https:\/\/mybroadband.co.za\/news\/business\/540423-bad-news-for-sports-only-dstv-package.html\">will not start offering a sports-only package<\/a> once under his company&#8217;s ownership.<\/p>\n<p>For context, Canal+ has made a bid to buy the company outright for R125 per share after triggering the mandatory offer clause in the Companies Act when it exceeded 35% shareholding at the start of the year.<\/p>\n<p>Canal+ had been gradually buying up MultiChoice shares, increasing its ownership in the local broadcaster after its creeping takeover of MultiChoice began in 2020.<\/p>\n<p>It continued to buy MultiChoice shares after tabling its mandatory offer.\u00a0In its latest public notice, Canal+ said it had acquired a further 7,374,918 shares in the DStv owner, bringing its total <a href=\"https:\/\/mybroadband.co.za\/news\/broadcasting\/536825-canal-creeping-takeover-of-multichoice-continues.html\">ownership of the local broadcaster to 45.20%<\/a>.<\/p>\n<p>Asked about the potential for sports-only and choose-your-own-channel packages once Canal+ takes over, Saada said everyone who has tried has failed.<\/p>\n<p>He said there are only two aspects that drive subscriptions, namely, sports and discounted pricing.<\/p>\n<p>Saada said Canal+ sees significant subscriber surges when there is a major upcoming sports event that people want to watch. However, he noted that the addition of one big movie won&#8217;t drive subscriptions.<\/p>\n<p>Therefore, Canal+ won&#8217;t launch sports-only packages as it needs the draw of sports to drive subscriber growth for DStv&#8217;s existing packages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DStv subscribers declined across all segments and regions for the first time in 2023\/24.<\/p>\n","protected":false},"author":341076,"featured_media":499415,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[24],"tags":[21383,85,95579,12747,58288,87103,35,92258,475],"class_list":["post-542011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadcasting","tag-canal","tag-dstv","tag-dstv-packages","tag-dstv-premium","tag-dstv-price-hikes","tag-dstv-subscribers","tag-headline","tag-maxime-saada","tag-multichoice"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/542011"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341076"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=542011"}],"version-history":[{"count":2,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/542011\/revisions"}],"predecessor-version":[{"id":542303,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/542011\/revisions\/542303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/499415"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=542011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=542011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=542011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}