Overview
Our business
Leading
African video-entertainment platform
MultiChoice is one of the fastest-growing video-entertainment providers globally, delivering entertainment products and services to 15.1m households across 50 countries on the African continent. Our 30+ year track record as part of the Naspers group is reflective of our commitment to provide our audiences with only the best local, sport and international content.
On 27 February 2019, MultiChoice Group Limited (MultiChoice Group) listed on the JSE Limited (JSE), Johannesburg's stock exchange, and was unbundled from Naspers Limited on 4 March 2019.
Content is at the core of what we do. We aim to deliver quality content anywhere, anytime and on any device through a comprehensive video-entertainment offering at different price points. As pioneers in African pay-TV, we play an important role in making information and entertainment easily accessible to Africans. We aim to secure content rights in a manner that is cost-effective and reflective of the diversity of our audiences. Our substantial portfolio includes award-winning local content (a key differentiator in our service offering), a leading sport offering (including production capabilities) and access to international content.
Our strong partnerships with distributors, installers and telecommunication companies, along with our well-established payment solutions, competitive pricing and choice of viewership packages continue to secure our place in the global market, while also providing solutions unique to the African market. Our direct-to-home (DTH), digital terrestrial television (DTT) and over-the-top (OTT) solutions enable us to stay relevant and in line with changing consumer habits while capturing new markets.
Local, sport and international content offerings across multiple platforms
South Africa
Dynamic South African video-entertainment company, providing access to world-class local and international content.
We offer DTH, DTT and subscription OTT services in South Africa:
- R40.4bn total revenue
- 7.4m active subscribers
- R10.3bn trading profit
- 700 local sport productions
Rest of Africa
We are the leading video-entertainment company in the Rest of Africa. We have a diversified presence across geographies, platforms and segments. We provide access to world-class local and international content.
We offer DTH, DTT and OTT services across Africa:
- R14.8bn revenue
- 7.7m active subscribers
- Services across 49 markets in 17 local languages across seven markets with dedicated local channels
Technology (Irdeto)
Our leading platform and application security division. Irdeto has a strong offering in cybersecurity and anti-piracy in both media and gaming. Irdeto has become the second largest content protection vendor in the market (by volume). We have a presence in 20 countries and a customer base in approximately 90 countries.
We are leaders in content security and anti-piracy:
- R1.6bn revenue
- 1.3m pirate households disconnected
How we do business
The African continent, with its 1.1bn people, is our home. We are well positioned for growth by catering for the increased appetite in video-entertainment services, driven by growth in middle-class urban populations and the increased spending habits of African consumers. By 2040, Africa is expected to have the largest workforce globally, with diverse income levels and a large, fast-growing young mass-market segment. Africans are also expected to have increased access to electricity, which supports growth in the number of TV households and drives demand for video entertainment services.
Africa's complexity is our strength. Our deep local knowledge positions us to serve Africa's large population, located across vast urban and rural territories, through extensive coverage with our DTH, DTT and OTT networks. Our distribution network caters for the informal retail markets of the continent, and our innovative payment solutions offer cash collection points as well as digital services. We employ local teams with local partners in the countries where we operate to ensure our offering speaks to local markets.
We are Africa's leading storyteller, offering programming in 17 languages. We produced 4 600 hours of local content in FY2019, with 40% of our total general entertainment content spend on top quality local productions. We are leaders in sport broadcasting, offering the best sport from around the world. This includes 7 500 live events and 700 local productions which were broadcast on 38 channels in the past year. We also offer leading international content on more than 90 channels. Our diverse offering has enabled our business to grow in the middle and mass markets of the countries in which we operate.
We have superior technology capability through the security solutions that Irdeto, our technology company, brings to the group. These solutions enable MultiChoice to protect our investment, create new offerings and combat cybercrime. With 50 years of expertise in software security, Irdeto's software security solutions and cyberservices protect over 5bn devices and applications for some of the world's best brands.
We demonstrate that we Care – about ourselves,
our colleagues and most importantly, our customers.
Through the way we Connect with others, we build lasting relationships
based on collaboration, communication and clarity. We also embrace principles of curiosity,
courage and commitment in the way we Create and innovate.
