Shares of DStv owner MultiChoice rose 3% following the news it had inked a deal with US media giant Comcast, that will see the owner of NBCUniversal and Sky take a 30% stake in its streaming platform Showmax.
A new version of Showmax with US technology and a plethora of new content will be launched, with the aim to compete with US giant Netflix, and become Africa's leading platform.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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