TribeOne Festival in South Africa featuring Nicki Minaj and Macklemore & Ryan Lewis cancelled

Bryan Cranston cracks us up again in hilarious spoof video to promote Major League Baseball

DStv continues massive pay TV growth

2012-06-27 11:02
 
Cape Town – The pay TV platform MultiChoice has grown by 684 000 subscribers in the last year and the total number of MultiChoice subscribers now stands at 5.6 million households, according to Naspers' provisional financial report for the year ending March 2012.

Revenue of the pay TV business is up 15% to R24.1bn, while trading profits grew 11% to R6.3bn.

In South Africa the gross base added 492 000 subscribers to some four million households, of which 293 000 new DStv subscribers came from MultiChoice's lower priced DStv Compact bouquet.

Despite a disastrous launch, DStv BoxOffice has proved a major success for MultiChoice, with the pay TV platform citing an average monthly rental of a staggering 300 000 movies.

In the rest of Africa, MultiChoice grew its subscriber base by 192 000 DStv subscribers to 1.6 million homes in the past year.

- Channel24

Read more on:    dstv  |  naspers  |  multichoice  |  tv

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
79 comments
Add your comment
Comment 0 characters remaining
 

Recent News

E! Entertainment (DStv 124) will be celebrating the life of Joan Rivers with a special 90 minute Fashion Police programme. Read More »

Fans of Africa’s biggest reality show, Big Brother Africa, will no longer have to wait in anticipation until the launch on 5 October 2014 to meet the Big Brother hotshots. Read More »

inside channel 24

There are new stories on the homepage. Click here to see them.