Video entertainment and internet group MultiChoice on Wednesday listed on the Johannesburg Stock Exchange ahead of its impending unbundling by multinational media giant Naspers.
“As one of the fastest growing pay-TV broadcast providers globally, our strong financial position at listing is backed by attractive long-term growth opportunities in both subscriber numbers and revenue,” he said. MultiChoice brings leading local and international entertainment and sports content to around 14 million households in 50 African markets, providing viewers with access to content from 8 out of 10 major international studios. It produces over 4,500 hours of local content in 10 studios across Africa.
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