According to news reports, South African media giant Naspers is in the process of launching its own streaming service to compete against Netflix.
Nextflix is set to launch in South Africa by the end of 2016.
What does all of this mean for the local market and its viewing behavior?
The Money Show’s Bruce Whitfield interviewed Chris Botha, Group Managing Director of The Media Shop.
Scroll down to listen to the audio.
I’m not surprised by this. Naspers knows that the future of television is pay-per-view. I am surprised, however, by the speed at which they’re moving.— Chris Botha, The MediaShop MD
Naspers is, in fact, creating a competitor for itself!— Chris Botha, The MediaShop MD
Naspers could decide to create their own content.— Chris Botha, The MediaShop MD
This article first appeared on 702 : Naspers to launch its own streaming service. You snooze you lose, Netflix?