MultiChoice group revenue up 2% in H1, passes 20 mln subscribers

Thursday 12 November 2020 | 16:27 CET | News
African pay-TV operator MultiChoice Group said its revenue increased by 2 percent to ZAR 26.1 billion in the six months to 30 September. Subscription revenues for the first first half reached ZAR 22.2 billion, up 5 percent year-on-year, while ad revenues were impacted by the coronavirus crisis and fell by ZAR 0.6 billion, mainly due to a lack of sports and lower economic activity. Commercial subscription revenues were ZAR0.3 billion lower as a result of most hotels, restaurants and other commercial customers remaining closed during lockdowns.

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Categories: Broadcast & Satellite
Companies: MultiChoice
Countries: Africa
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