NEW SERIES ALERT!!! Iron Man: Armored Adventures (Play Room) + Doodloopstraat (eVOD) + Uthando Lukamama (VIU)
VIU's Future In South Africa Likely Revealed Amidst Canal+'s Potential Takeover Of MultiChoice
Since last year, there has been questions surrounding the fate of Showmax as VIU's parent company Canal+ is looking to complete it's acquisition of MultiChoice. Both companies have recently concluded talks with local regulators and are currently awaiting further results.
From what we can understand, Canal+ who is holding 45% is trying to acquire the remaining 55% but local regulations won't allow that even if it were possible they're voting rights would be capped at 20%. They proposed spinning off MultiChoice SA and it's broadcasting license into a separate entity known as LicenceCo.
If you look at it, MultiChoice SA will be retaining most of their assets if Canal+ is able to make this deal get the greenlight from regulators. With Canal+ not having control over the SA board it's safe to say on top of retaining Showmax there won't be any merger of some sorts of VIU.
What might transpire in these regards is content sharing VIU has been commissioning content locally some of which might surface on DStv. Another scenario with it being independent from MultiChoice SA forms pacts with other broadcasters like the SABC they already have Uzalo and a bunch of other SABC shows on their platforms.
All I got through that PDF file between both parties was that they'd be more co-operations or partnerships when it comes to the use of M-Net and SuperSport. These are brands that have a cap on foreigners but MultiChoice has localised feeds for them so that won't matter same goes for SABC News whose offering caters for the whole of Africa.
In the end, this cap is not the end as Canal+ is looking to get a Johannesburg Stock Exchange (JSE) listing following its debut on the London Stock Exchange (LSE). Besides VIU, they had been filming a thriller titled Huntington in Cape Town with Glen Powell added to the cast.
So I'd like to think with this acquisition, VIU is getting more content out of this deal they already offer content from SABC and could as well expand this lineup to bundle Mzansi Magic and KykNet. I don't see why not cause Comcast was able to juggle Peacock and Hulu before selling one of the two to Disney.
Even after Canal+ acquired ROK Studios from the Nigeria's iROKO they do have some deal/partnership put in place to ensure the stability of iROKO TV streaming service imagine this is what we'll be seeing with VIU, Showmax and DStv.
VIU is more of a cheap/freemium tiered streaming service so they could opt for M-Net's older collection of shows like Isibaya and The Throne without interfering with its output on Showmax. To me, VIU doesn't seem like an entity that's worried about what it lacks from Netflix but rather following a route of others that seek stability.
More Turkish Dramas Rolling Out Soon In Africa: "Yabani" + "Kızıl Goncalar" + "Şahane Hayatım" + "Aşk Yeniden"
Below is second batch of confirmed shows for Africa (not rumoured) each whose broadcasters have yet to be announced for reasons beyond my capacity. The list is in random order so so there's no guaranteed timeframe on when each show will be released.
Turkish Drama Series Rolling Out In Africa Soon: "Annem Ankara" + "Kızılcık Şerbeti" + "Kan Çiçekleri" + "Toprak Ile Fidan"
VIU Looking To Become The Third Broadcaster To Rival With eExtra's Kuiertyd
Showmax And VIU Are Likely To Remain Unscathed In Canal+'s Pursuit Of MultiChoice
Canal+ Increases Stake In Asian Streamer VIU To 36,8% With The Option To Get Majority Ownership
Possible Takeover: Canal+'s Investment In Viu Currently Stands At Approximately $300m, With The Option To Increase Its Stake To 50% Retained
Development Alert: uBettina Wethu Cancelled After 3 Seasons On SABC 1, Revived For A Season 4 On e.tv And VIU
Canal+ To Acquire A 26% Stake In Hong Kong Based Streaming Platform VIU
PCCW and Canal+ have announced a strategic partnership through which the French media giant will become a significant minority shareholder in PCCW’s Asian streaming service Viu.
Canal+ will make a staggered investment of $300M in Viu, including an initial investment of $200M, resulting in a 26.1% stake. It also has an option to make a further investment and turn that stake into a controlling 51%.
In a statement, Canal+ talked expansion opportunities and plans to collaborate with Viu on premium production:
During the year, the French company expanded their stake in MultiChoice beyond 30%. This move similar to VIU raises speculation of a possible takeover and should that be the case one has to wonder what would become of Showmax and VIU in South Africa if it's operated by Canal+.
"This new strategic partnership will enable the further growth of Viu, leveraging the global strength and expertise of Canal+ through various initiatives including collaboration on premium productions and content creation, expansion of global market reach for Viu, and continual user experience improvement. The partnership will allow Canal+ to take a major step in developing Asia as its next growth engine.”
Viu is one of Asia’s leading streamers with more than 66 million monthly active users (MAU) and 12 million paid subscribers across Asia, the Middle East and South Africa. The service, which operates a combined AVOD and SVOD model, consistently ranks as the top streamer in terms of MAUs across Southeast Asia and second in terms of subscribers.
It produces a wide range of local-language drama series and lifestyle programming, with a focus on Thailand, Indonesia and Malaysia, and was a first mover in the acquisition of Korean content. In 2022, Viu reported $250M in revenue, representing growth of 36% year over year.
Maxime Saada, Canal+ Group CEO, said: “Canal+ already has leading market positions in Europe and Africa. We are now looking forward to developing Asia as an additional growth engine for the group. Our investment in Viu is a major step towards achieving this goal. Viu is already a business with scale, with its hybrid AVOD and SVOD business model and focus on local content, it has all the ingredients to deliver superior growth and continue to be a leading service in the region and beyond.
Janice Lee, Viu CEO and PCCW Media Managing Director, said: “When we launched Viu, we had set our sights on creating and transforming our media business into an international play by tapping into larger addressable markets in Southeast Asia, the Middle East, and South Africa. Having created a robust streaming business, we are excited to have the addition of Canal+ as a strategic investor to further accelerate growth by drawing on Canal+’s global strength in premium productions, content creation and distribution expertise.”
Could VIU Be The Next Streaming Service To Shut Down In South Africa?
Three years ago, South African viewers were introduced to VIU a brand new streaming service and also PCCW's second attempt at in the streaming game following the termination of OnTapTV.
For those who weren't present at the time, the brand failed to give the media specific details on the content viewed on the platform but ramped up partnerships with eMedia Investments and the SABC for some of its content part of which led to its relevancy.
Last year, the brand got into a brawl with eMedia Investments regarding the agreement for various local productions seen on e.tv such as Scandal and Imbewu as eMedia failed to hold their end of the bargain.
According to VIU at the time, consumers were alarmed to see that the content wasn't available on the platform as the e.tv productions had a following for which impacted their subscriber base with the brand set to lose the content to eVOD by 2024.
During the month, SABC viewers were alarmed to see that the public broadcaster recently launched SABC+ is missing several ties as their packaged exclusively by VIU with consumers having to wait until a certain timeframe to get access to the remaining content.
VIU was a bridge between both these parties and as seen now both of them now offer their own OTT platforms which puts the streamer in the very precarious position as most of the consumer base are big fans of the local providers.
Sure, VIU has a lot to offer outside these two with various content from BBC Studios alongside Crime + Investigation from A+E Networks. But is that enough to guarantee success for the platform I honestly doubt it.
South Africa had a various streamers such as A+E Networks' Acorn TV, Cell C's Black, Vodacom's Red and Telkom's TelkomOne streaming service all of which had a similar trait to VIU which includes bundling a lot of third party content and less to no original content - all of which have been dusted.
Now questions amount to how the future of the streamer as they keep sourcing out more and more content kind of like how abovementioned did before closing down.
Reminder: VIU's Contract With eMedia Investments Set To Expire In 2024
Since 2019, VIU an Asian based streaming service has been operating in South Africa and at the time not much was known about the platform as they basked on the existing free-to-air offering from the SABC and e.tv through a contractual agreement.
The platform featured a variety of Indian, Asian and Korean content which by the way match the existing offering on StarSat and Openview deeming it a useful alternative to fans of the content.
Last year, eMedia Investments and VIU got into a legal brawl as eMedia accused the brand of pirating exclusive shows Scandal, Imbewu and Rhythm City to Philosopher which houses several local dramas like Uzalo, Generations and 7de Laan.
From court's ruling:
"The ineluctable conclusion is that e.tv engineered a contrived cancellation of Vuclip's licensing agreements to gain access to exclusive content, which was exclusively licensed to Vuclip, but which e.tv wished to broadcast on its own platform," the court documents state.
Since the ruling Scandal and Imbewu are no longer available on eVOD and remain exclusive to VIU as Rhythm City was cancelled at the time.
With VIU's contract being valid for another 2 years, the brand may want to look at alternatives or try to build as much relevancy to the market by the means of original content and there's several local studios some of which small which VIU could perhaps funnel their content.
The Current Status Of TV Licence In South Africa And The Rest Of The World + Other Matters
South Africans who watch video streaming services like Netflix or pay-TV services like DStv or StarSat and who don't even watch or use the services of the South African public broadcaster could be forced to pay a SABC TV licence fee like a compulsory "traffic fine" - even if they don't use a TV, the SABC or just watch content on devices like laptops and tablets.
This is the latest plan of the financially struggling South African public broadcaster to prop up its finances, with Pinky Kekana, South Africa's deputy communications minister, who told parliament's portfolio committee on communications on Tuesday morning that the SABC wants to broaden the definition of the existing mandatory SABC TV licence that is payable by people with a TV set.
There's about 27 other countries that still do TV licences followed by 25 countries that abolished it and make their revenue through commercial sales, advertising, tax and pay or free-to-air platforms (which is what SABC is proposing). Then there's 11 other countries that never had a TV licence some of them don't have a national broadcaster (e.g. SABC, BBC), some are funded by private companies (e.g. e.tv), some rely on advertising, grants and government funds.
MUST CARRY RULE
The SABC wants the government to remove the must carry clause on their channels since it benefits other platforms as they don't pay a cent for their channels.
SPORTS
SABC wants national sports to be available to them at a very affordable price.
If SABC wants to charge people TV licence they could have added it onto our taxes regardless most people using DStv or OpenView don't watch their channels since they lack redeeming quality. If the government does abolish the must-carry regulation it means all platforms will likely do away with SABC 1-3 or have less SABC channels on their platform.
I know most people don't watch their channels but for the people that rely on their channels, what are the chances that these platforms will indeed do away with SABC entirely. Knowing some providers they're likely to keep only 1 or 2 out of the 3 channels.
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- SABC is still planning to launch SABC Education on DStv
