Multichoice to add Netflix and Amazon Prime Video to DSTV decoders
MultiChoice, one of Africa's largest video entertainment company announced that it has signed agreements with Netflix and Amazon.com to offer the companies’ streaming services through its next-generation Explora personal video recorder (PVR) decoder.
The announcement was published as part of the company's annual 2020 financial results presentation and noted this to become part of its plans to further enhancements to customer experience — improve retention.
While MultiChoice already runs its own subscription video-on-demand (SVOD) streaming service Showmax, its latest 2019/2020 financial results revealed that subscribers to the service are at 19.5 million – which is a 5% increase from the previous year.
However, the annual results for the year also showed a continued decline in Premium subscribers showing year-over-year subscriber decline of 4% or 100 000 subscribers in the region.
In a report by MyBroadband, MultiChoice chief financial officer Tim Jacobs told the media house that the launch of this unified streaming platform was “imminent”, and that customers could expect to hear more about it in the coming weeks.
Written by: Staff Writer.