While DStv’s traditional satellite business faced challenges last year, its streaming-only subscriptions have shown exceptional growth, with DStv Stream revenues increasing by 48% between the 2024 and 2025 financial years. Read: iPadOS 26 unleashes Mac-like productivity Originally launched as DStv Now in 2014, the service was initially exclusive to satellite subscribers. In 2020, MultiChoice introduced…
MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all…
DStv owner MultiChoice has begun piloting weekly subscriptions in Uganda, a strategic move that could expand to other markets if successful. MultiChoice Group CEO Calvo Mawela stated that the trial, which commenced seven weeks ago, will be evaluated over the next three to six months. This initiative aims to better align subscription periods with customers’…
MultiChoice Group is in trouble. The pay-television broadcaster on Wednesday reported a big loss for the year ended 31 March 2025 and reported a decline of 1.2 million linear broadcasting subscribers, or 8% year on year. The group now has 14.5m active subscribers, with customer losses evenly split between South Africa and the rest of…
MultiChoice headquarters in Randburg, Johannesburg. Video entertainment company MultiChoice’s woes are persisting with the company continuing to suffer massive losses in revenue and subscribers. This emerged today when the DStv parent company announced its financial results for the year ended 31 March (FY25). In a statement to shareholders on the Stock Exchange News Service, the…
