Tag Archives: Video on Demand
Video on Demand: Latest News
Peter Pedroncelli, 6:42 am
Malaysian subscription streaming video service iflix, which is focused on emerging markets, has secured significant funding that will be used to facilitate the company’s African expansion plans. The Netflix competitor announced that it had attracted investments amounting to $133m in new funding round led by U.S. media giant Hearst that was successful due to significant interest from both new investors and existing shareholders.
Peter Pedroncelli, 5:11 am
Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.
Tom Jackson, 12:09 pm AFKI Original
ShowMax’s European launch is proof that its hyper-local video-on-demand concept, pioneered in Africa, has wider application, says ShowMax Africa head Chris Savides. The cost of mobile data may be the biggest factor affecting the uptake of subscription video-on-demand on the continent. A number of services have tried and failed. It’s not an easy business because it’s not just about the technology, but also about understanding customer needs and content. “It may be that your niche isn’t the type of content but how you deliver that content in a way nobody else is doing,” Savides told AFKInsider.
Dana Sanchez, 11:07 am AFKI Original
South African media giant Naspers is launching its 18-month-old internet TV service ShowMax in Poland. It plans to provide hyper-local content and original productions rather than trying to compete with expensive shows designed to appeal to audiences worldwide. It’s competing with the much older, bigger, more established U.S. firm Netflix, which launched in 1998. Netflix is also commissioning original content, but it has an overseas problem, one commentator said. “It just doesn’t have the amount of local content that some of the (streaming and pay TV) competitors have.”
Peter Pedroncelli, 4:40 am AFKI Original
Showmax is South Africa’s answer to Netflix, the global subscription based video streaming service that provides users with a wide variety of viewing thanks to an online catalogue of movies, series and other entertainment options. We take a look at 8 things you may not know about Netflix in relation to Showmax.
Kevin Mwanza, 5:45 am
Africa’s largest company Naspers has launched its internet-TV and video streaming service ShowMax in 36 African countries in a bid to counter Netflix entry into the continent. Naspers, which also owns the dominant satellite television service in sub-Saharan Africa, DStv, through its subsidiary MultiChoice Africa, launched ShowMax in South Africa in August 2015 – in anticipation of rumored Netflix’s global expansion into the continent.
Kevin Mwanza, 5:23 am
Nigerian-based video-on-demand and internet TV startup, iROKO, has launched a new app that targets viewers in French-speaking African countries. The iROKO+ app is a partnership with CANAL+ GROUP that broadcasts the largest catalogue of African content, including Nollywood films and TV series, African homemade series and shows and South-American TV Novelas, for francophone Africa.
Dana Sanchez, 6:40 pm
While its expansion to Africa is a welcome development, the U.S. company could face challenges due to the high cost of Internet mobile data and lack of quality broadband. Africans are already fans of most Netflix content. Netflix could oust Naspers-owned digital satellite TV service, whose users complain about its fees. However, Netflix isn’t cheap either. Still, the U.S.-based company has 65 million streaming customers worldwide.
Dana Sanchez, 9:25 pm
Naspers plans to move into South Africa’s video-on-demand market, saying this will give it a “fighting chance” when U.S. rival Netflix arrives, Reuters reports. Africa’s largest company isn’t the only one trying to beat Netflix to Africa. A crop of new tech entrepreneurs and startups in Africa and the diaspora want to be the Netflix of Africa. Scarcity of high-speed Internet access is expected to put the brakes on the spread of VOD in Africa — at least for now.
Staff, 6:20 am
Naspers, owner of DStv through MultiChoice, will unveil its competitor to Netflix on 19 August, speculation in the broadcasting industry suggests. Sources told MyBroadband that Naspers has secretly been working on a subscription video on demand (SVOD) service, and is planning to launch it in August
- Real Estate