MultiChoice, the South African pay-TV company, has disclosed a write-off of N31.6 billion (approximately $21 million) in deposits held with Heritage Bank, following the bank’s liquidation in June 2024. The loss was reported in the company’s financial results for the six-month period ending September 30, 2024. The initial deposit, which […]
MULTICHOICE
MultiChoice has announced a reversion to its previous subscription rates after a recent court mandate. This decision comes in the wake of a judicial ruling that found the earlier price hikes unjustified, which had resulted in substantial subscriber losses, particularly in Nigeria. The company had initially increased its prices in […]
MultiChoice Nigeria, the creator of the Big Brother Naija reality show, made a significant announcement on Tuesday, revealing that the company had invested a total of N5.5 billion in the production of the show. Dr. Busola Tejumola, the Executive Head of Content & West Africa Channels at MultiChoice Nigeria, disclosed […]