eMedia Holdings said its legal fees rose sharply in the year ended 31 March 2024 as it battled rival MultiChoice Group.
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Openview, the free-to-air satellite platform owned by JSE-listed eMedia Holdings, has notched up nearly 3.2 million activations.
Communications minister Khumbudzo Ntshavheni said the cost to communicate in South Africa is “not decreasing at the pace that government wants”.
Most South Africans know about the major streaming providers, but there are plenty of others – at least 18 in total, by TechCentral’s count.
Attempts to monitor and control the entire market actively stifle competition, reduce quality, raise prices and hamstring technological progress.
Openview, the free-to-air satellite television platform in the eMedia Holdings stable, has turned a profit for the first time on the back of a surge in advertising revenue.
Shares in eMedia Holdings leapt higher on Wednesday after it said it expected full-year headline earnings per share to jump by as much as 301%.
Khumbudzo Ntshavheni has threatened to withdraw financial assistance to the SABC after she took umbrage at its criticism of her decision to switch off analogue television broadcasts on 31 March.
Despite intense pressure from broadcasters, communications minister Khumbudzo Ntshavheni appears adamant that analogue TV will be switched off this week.
The SABC board on Friday labelled government’s plan to switch off analogue television broadcasts on 31 March as an “unsustainable risk” to the rights of millions of indigent South African households.