S.Africa’s MultiChoice and Comcast to create Africa-wide streaming service
AFRICA'S biggest pay-TV company, MultiChoice Group, said it had entered into an agreement with U.S.-based media conglomerate Comcast to create a pan-Africa video streaming platform. The new streaming service, which will be built on MultiChoice's streaming platform Showmax, will be 70% owned by the company, it said. The remaining 30% will be owned by Comcast's NBCUniversal, it added. While MultiChoice has the biggest market share in pay TV in Africa, it has been struggling to penetrate deeper with Showmax due to competition from Netflix, Amazon's streaming service and Disney. With the streaming companies now training their guns on sports rights in Africa,…