Streaming issues? Report here
John Maytham 2019 1500 BW John Maytham 2019 1500 BW
Afternoon Drive with John Maytham
15:00 - 18:00
volume_up
volume_mute

Up Next: The Money Show with Bruce Whitfield
See full line-up
Afternoon Drive with John Maytham
15:00 - 18:00
Home
arrow_forward
Business

DStv Premium on a downward spiral, warns tech guru

20 September 2018 5:34 PM
Tags:
DStv
Multichoice
Naspers
Showmax
Netflix
Arthur Goldstuck
tech
streaming
DStv Premium

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

Tech expert Arthur Goldstuck says DStv's current business model for its Premium users needs urgent fixing.

DStv is facing intense competition from streaming service Netflix and other online, on-demand services.

Read: Naspers unbundles MultiChoice to list the new MultiChoice Group in 2019

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, explains Goldstuck.

He says the MultiChoice subsidiary will have to work on unique content strategies to arrest the decline of its Premium users.

Goldstuck says Multichoice is going to have to take desperate measures in the coming years, in light of news that it will be unbundled from parent company and tech giant Naspers.

He also discusses whether it is feasible for DStv to enter into a partnership with Netflix in the future.

Also read: Impose tougher regulations on Netflix and co, not us, says DStv

Everyone knows that the DStv model for the Premium account, close to R1000 a month, is really a broken model.

Arthur Goldstuck, MD of World Wide Worx

It's going to decline further in coming years in terms of the number subscribers. They've already lost about 140 000 Premium subscribers to Netflix.

Arthur Goldstuck, MD of World Wide Worx

Perhaps some kind of deal with Netflix could potentially save them, but they would also have to give up massive investment that they've into ShowMax - which is [currently] free as part of the DStv Premium account.

Arthur Goldstuck, MD of World Wide Worx

When MultiChoice separates from Naspers, MultiChoice will have to invest heavily in original content. But content that competes with Netflix? That's going to be very difficult.

Arthur Goldstuck, MD of World Wide Worx

Multichoice is going to have to take desperate measures in the years to come.

Arthur Goldstuck, MD of World Wide Worx

Listen to the discussion on The John Maytham Show:


20 September 2018 5:34 PM
Tags:
DStv
Multichoice
Naspers
Showmax
Netflix
Arthur Goldstuck
tech
streaming
DStv Premium

More from Business

Cut credit card debt 123rf 123rfbusiness 123rflifestyls

Household debt falls for 1st time since 2002

29 September 2020 3:26 PM

Disposable incomes, however, are evaporating fast, leading to a marked deterioration in the ratio between debt and income.

Share this:
Read More arrow_forward

Toyota-car-logo-vehicle-automotive-industry-car-manufacturers-123rf

[REVIEW] Toyota Starlet: 'Good, fuel-efficient, safe car at a very good price'

29 September 2020 2:31 PM

"The Toyota Starlet makes enormous sense," says motoring journalist Ciro de Siena. Got R204 900?

Share this:
Read More arrow_forward

homeless-teen-boy-streets-beggar-poverty-123rf

Unemployment falls sharply to 23.3% as South Africans lose hope of finding work

29 September 2020 12:33 PM

"When including discouraged jobseekers, the unemployment rate shot up to 42%," says Cosatu’s Matthew Parks.

Share this:
Read More arrow_forward

Young woman holds smart phone and credit card banking 123rf 123rfbusiness

Bank fees are too high. It’s unfair! – Bettr (new app-powered 'bank')

29 September 2020 11:11 AM

"We aim to do banking differently," says Bettr cofounder Tobie van Zyl. "The traditional banking model is going to evaporate."

Share this:
Read More arrow_forward

black-family-house-for-sale-sold-property-household-investment-bond-rent-123rf

R1m home loan costs only R7800/month right now – what are you paying to rent?

29 September 2020 9:34 AM

There’s a glut of properties on the market - should you take advantage? Pieter Koekemoer warns against getting carried away.

Share this:
Read More arrow_forward

kevin-lings-croppedjpg

I love economics. It’s part of me - Kevin Lings (Chief Economist, Stanlib)

28 September 2020 8:12 PM

Kevin Lings (Chief Economist, Stanlib) opens up about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

How to secure your retirement - Bruce Cameron (retired editor, Personal Finance)

28 September 2020 7:24 PM

Bruce Cameron discusses with Bruce Whitfield his new book on securing your retirement, despite corruption and the smashed economy.

Share this:
Read More arrow_forward

Small grey house wooden 123rf 123rfbusiness 123rflifestyle

All houses in South Africa can and should be built with wood – study

28 September 2020 6:49 PM

SA needs homes. Plenty of them. They can and should be constructed with wood, says Phillip Crafford (Stellenbosch University).

Share this:
Read More arrow_forward

Nomvula Mokonyane

300 days of Zondo: 'We’ve learned it’s cheap to bribe a politician'

28 September 2020 6:25 PM

For 300 days, punch-drunk South Africans have been learning just how bad corruption is in the country, says Ferial Haffajee.

Share this:
Read More arrow_forward

Ecstasy mandy mdma 123rf 123rflifestyle

Decriminalise the use of recreational drugs – Department of Social Development

25 September 2020 3:37 PM

"It’s time to stop arresting drug users," Deputy Minister of Social Development Hendrietta Bogopane-Zulu told the UN this week.

Share this:
Read More arrow_forward