Saturday, January 11, 2025

The Eclipse Of Traditional TV: eMedia And MultiChoice Navigate The Streaming Tide

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With Comcast looking to offload its cable networks we turn our sites to both MultiChoice and eMedia Investments whose 2024 was somewhat dismal or dramatic at least for one of the two. MultiChoice ousted 11 channels while undergoing a takeover by Canal+ which is awaiting approval from South African regulators.

eMedia Investments has rounded another year with no additions despite promises to add a few more channels as Ultraview's future is being questioned after OUTtv and FUSE reverted to eVOD.

Let's face it, consumers don't prioritise TV as much in recent years as Netflix has become the hangout spot for shows like Squid Games and Wednesday. MultiChoice has been focused on everything from streaming, insurance and cybersecurity but saving the once dominant DStv platform.

Even the financially challenged SABC's top rated soaps are grasping through straws as their viewership continues to plummet. Uzalo that serves as the dominant player amongst the foe stood at 4.8 million in October 2024 which is a 21% drop from 6.1 million in October 2023.

This is the reason MultiChoice has been selective when it comes to sourcing content take for instance Zee Zonke. The only reason this channel was able to stay afloat is due to Zee TV's existing footprint in the market same goes for SuperSport Schools that established it's presence on YouTube as School Sports Live.

If anything things haven't been greener for eMedia's Ultraview offering as part of its offering had been merged with eVOD, consumers are curious on what's next for the brand. Since it's rollout, it was met with heavy criticism for its pricing and content offering while being compared to DStv so a majority are expecting for it to be dismantled.

When it was introduced, Eskom was going full force with power cuts although that withered DStv hasn't recovered and as for Ultraview it never had a fighting chance. Remember eMedia Investments hadn't disclosed consumer numbers for Ultraview but it's assumed to have under 500 subscribers.

In general, adding new channels has been more riskier in recent years MultiChoice had done that with One Freestate Televisual and NWTV which lasted for about 3 months. Even if the plan were to restructure, SABC has done that numerous times with SABC 3 and it still hasn't saved its fallen viewership.

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