The Department of Communication and Digital Technologies recently said that streaming services like Netflix and Spotify pose an existential threat to South African broadcasters.
Since then, MultiChoice has been coy whenever asked about the threat services like Netflix, Disney+, and Amazon Prime Video pose.It also has a partnership with Disney+. DStv Rewards members were given three months of free access to the service, although this In addition to its NBCUniversal deal, MultiChoice has also been experiencing a creeping takeover from French media conglomerate Groupe Canal+.
The buyout will cost Canal+ over R30 billion in cash, and the company has continued buying MultiChoice shares while its offer is being considered.
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