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Written by Khabza
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Thursday, 21 July 2011 23:14 |
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Satellite pay TV operator MultiChoice finally unveiled at an event in Johannesburg today (21 July 2011) their video-on-demand (VOD) service targeted at the movie rental market.
BoxOffice requires a DStv Premium subscription (R559 p/m) and PVR access (R65) before movies can be rented for a fee starting at R25 per movie, with the first movie free. Kotsafatis said that in some cases they are subsidising the movie, but they wanted to offer the rentals at a low rate to test the service out.
According to Imtiaz Patel, Group CEO of MultiChoice South Africa, “The BoxOffice service is a result of our continuous drive for innovation. The future of DStv relies on us offering simplicity and convenience to our subscribers in a changing world. Last year we introduced DStv On Demand and BoxOffice is the next step in the DStv product evolution.”
The BoxOffice service will be rolled out in several phases. The first phase is today’s launch of a satellite-based value added offering to DStv Premium subscribers via their PVRs. The next phase of the BoxOffice roll-out will be an online offering, available to all South African broadband users by the end of this year.
Using the service is easy: Press the green button on your PVR remote and follow the steps on your television screen. BoxOffice movies are readily available for viewing, as they are pre-loaded onto your PVR decoder.
Payment is done through monthly debit order, by pre-loading funds into your account or by credit card. Once a movie is rented, it can be viewed multiple times within a 48-hour period. For launch, the first BoxOffice movie will be free.
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Written by Simphiwe Mkhize
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Thursday, 07 April 2011 21:16 |
What is Pay Television?
Pay-TV, premium television, or premium channels refers to subscription-based television services, usually provided by both analog and digital cable and satellite, but also increasingly via digital terrestrial and internet television e.g. M-Net, DStv, TopTV
Vuka SA Fast Growing Business
According to techcentral, Naspers-owned MultiChoice grew its SA subscriber base by 450 000 to 2,8m homes in the 2010 financial year. And it added 1,1m new subscribers in other African markets.
according to FSP Invest, Naspers will outperform the JSE All Share index over the balance of 2011 – and through 2012 too. The company is trading off a 20.6 times one-year forward PE (to September 2011) – but the ration drop substantially to just 13.10 times by September 2013.
A company such as Naspers – with its fast growing Internet and Pay-TV businesses – isn’t going to trade at a 13 times PE for long – which means the price will soar! You can accumulate the counter at below R300/share… If the analysts have their numbers right then this company should be changing hands at R600/share by September 2013.
What are you waiting for South Africa will soon start its big migration from analog to digital TV which will open more opportunities to the industry. Government should start way of education Black South African other ways of investment.
I think there must me as subject from lower grade which teach South African about shares investment. we always here about resources everyday but there are more opportunities
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