Times Media Group’s largest shareholder, Blackstar, has tabled a nonbinding expression of interest in buying the 67,5% of the shares in the media company it doesn’t already own. At the same time – but in an unrelated move – Blackstar has said it is in talks to buy a 22,9% stake in listed
Browsing: Kagiso
Two weeks ago, Icasa provisionally awarded licences to five new subscription television broadcasters. It hopes the move will help crack open what has become a highly concentrated market that is now thoroughly dominated by one operator, MultiChoice. The communications regulator will be hoping that it is more successful in this
Altron has effectively increased its shareholding in subsidiary Bytes through a R669,2m cash deal in terms of which Bytes South Africa has acquired 27% of its equity held by two empowerment partners. The JSE-listed technology holding company controlled the Venter family said on Friday that it had acquired the shares from Kagiso Strategic
As South Africa inches slowly towards migrating from analogue to digital terrestrial television, communications regulator Icasa has provisionally granted licences to five new pay-TV operators following an exhaustive hearings process that took place in 2013. The companies and consortia that have bid for the licences
Investment company Kagiso Tiso Holdings has offered to purchase the remaining shares in Kagiso Media, the company said on Tuesday. Kagiso Tiso currently owns 51,1 percent of Kagiso Media. “Through this transaction, Kagiso Tiso is offering
Mobile TV, the company hoping to introduce mobile television services in South Africa using Korea’s digital multimedia broadcasting (DMB) standard, believes there will be substantial demand for its services. But rival Kagiso Media is less convinced. The company wants to offer
Kagiso Media wants to offer a pay-television platform that includes a high degree of local content to lower- and middle-income households as part of a bouquet that will cost consumers less than R240/month. The company is, however, concerned that delays in the migration from analogue to digital terrestrial television will further
Digital terrestrial television must be “affordable” for consumers and the “significant market power” of broadcasting signal distributor Sentech must be addressed with “pro-competitive remedies”, says the company’s regulator, the Independent Communications Authority of South Africa (Icasa). Icasa
Terrestrial television offers remarkably little choice to SA consumers, who are limited to three SABC channels and commercial free-to-air channel e.tv. Not much has changed in the past decade, except that e.tv has eaten into the SABC’s viewership while DStv, owned by Naspers’s MultiChoice, has grown steadily more dominant as
The fight for what SA consumers’ television future will look like is hotting up. The broadcasting regulator’s new draft regulations for digital terrestrial television, the migration to which is already years behind schedule, came under fire this week at public hearings and could result in further delays. Nigeria, Namibia