South African consumers are fundamentally reshaping their digital spending habits, moving away from traditional entertainment towards services that prioritize productivity, functional value, and everyday convenience. According to the Discovery Bank SpendTrend26 report, while the overall volume of online subscriptions is rising, the “composition of the basket” has shifted toward utility-driven tools like Artificial Intelligence (AI)…
Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…
The SABC introduced its own freemium-based, over-the-top platform in 2022. The South African Broadcasting Corporation’s (SABC’s) goal is to generate R200 million annually through monetisation of its video streaming platform SABC+, says chief operating officer Lungile Binza. However, the public broadcaster is still far from achieving that target, the COO acknowledged. Binza spoke yesterday at…
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’…
