investment

Canada’s IDC and Wananchi partner on African direct-to-home broadcasting

Ottawa's International Datacasting Corp. (IDC) has partnered with an African technology company to bring direct-to-home broadcasting to the continent. The agreement with Wananchi Group Ltd. includes a vendor financing package and credit facility for an undisclosed amount, plus two support and operations contract worth almost US$1 million.

According to an IDC statement, Wananchi launched the first broadband, cable and telephony network in Africa and also added Zuku satellite to provide video, voice and data services to the sub-Saharan area.

Source: Ottawa Business Journal

Seven awards and more money at the Durban Film Mart in support of African film projects

 “The increase in the number of awards we will be making at this, the second edition of Durban FilmMart (DFM), is a tangible sign of the increasing support for the growth of African film product and an encouraging endorsement of the Durban FilmMart,” says Durban Film Office (DFO) acting CEO Toni Monty. “These awards provide producers with much needed support in further developing their projects and make these projects more attractive to financiers.”

Source: Durban FilmMart

Investment - In Brief

- A UNAMID radio station finally took to the airwaves in the restive region of Darfur end of June 2011 after years of wrangling with the Sudanese government, which seeks control media programmes there. Titled Yala Nabni Darfur (Let's Build Darfur), the new radio broadcasts besides the local radio stations, the US based Afia Darfur Radio and the Netherlands based Radio Dabanga which broadcast on the short waves.

African DTT roll-outs with NGB and Digital TV

Digital TV Labs, which provides independent, specialised receiver conformance products and services, has announced that it has been contracted by NGB – Next Generation Broadcasting, which operate as the consumer brand Smart TV – to supply a DVB-T/T2 receiver conformance regime which will assist the successful rollout of DTT services in select African markets.

Naspers shifts focus from acquisitions

Africa’s biggest media firm, Naspers said that while it was always looking for good- value acquisitions, it would focus more this year on growing its businesses organically and developing new technologies.

Naspers’s two biggest earners for its financial year to March were once again its pay-TV and internet businesses. The media company has gained a reputation for growth through acquisition, spending R5,5bn in the past financial year.

Source: businessday.co.za

Investment - In Brief

- Rumours in South Africa reported that M-Net will officially announce that the pay broadcaster has secured the biggest South African TV programming coup of the year by securing the broadcasting rights to the most anticipated and most expensive TV show ever produced - Steven Spielberg's new Terra Nova.

Disney Junior launches in South Africa

The Walt Disney Company has announced the launch of Disney Junior on Wednesday, an all-new multiplatform preschool channel for children aged 2–7.

Disney Junior will air daily and become the home of Disney favourites such as Mickey Mouse Clubhouse, Jungle Junction, Handy Manny and Special Agent Oso, as well as new shows like Jake and the Never Land Pirates which premiered on Disney Junior on June 1, 2011.

Source: Walt Disney

Tunisia: CFI helps TV/radio media rebuild

In the wake of the Tunisian revolution and with a view to assessing and prioritising needs properly, CFI dispatched Philippe Chauvet to conduct an assessment jointly undertaken with the European Broadcasting Union (EBU). As part of its remit to serve state-funded French media operators acting to support southern operators, CFI conducted this assignment under the aegis of the French Embassy and submitted its findings to all interested operators.

Source: www.cfi.fr

Investment - In Brief

- Africa24 confirmed to Balancing Act that the French-speaking international news channel will launch its English version early 2013.

- Multi-Play packages (fixed/mobile telephony, Internet and TV) offers are a good way for those in Africa with fixed networks to add revenues. Investments required to set up those offers in Africa may be stifled by regulation that looks at the future through the rear-view mirror: read the full story here.

South Africa: small price increase for Top TV

Prices for Top TVs packages will increase on 1 July 2011, the satellite pay TV operator has confirmed.

Top TV explained that the increase in pricing is an “inflationary adjustment which any business faces when dealing with rising operational costs.” The cost of content and other rising prices contributed to a rise in operational costs, Top TV said.

Top TV said that one should consider that they have managed to keep off this adjustment until month 14 of their operations.

Source: Mybroadband.co.za
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