investment

TV5Monde continues to innovate with more focus on Africa

Over the last few years, Television in Africa has become more due to the arrival of new private channels. But the competition will reached an unprecedented level by 2015 when governments will switch the DTT button, and when telcos and cable operators will start to offer multi-play packs - which will include TV.

TV set makers addressing new opportunities in emerging markets

Global shipments of 3D TV sets in 2010 are expected to total 3.2 million worldwide, according to DisplaySearch.The findings from the Q4 report include: in the global broadcast environment, South African countries have opted to jump straight to the latest DVB-T2 broadcast standard.

Source: broadbandtvnews

Investment In Brief

In Uganda on 26 Jan. 2011, the Vision Group has cut staff from its English radio station 94.8 FM for Kampala (Vision Voice) to make it more profitable.

In Nigeria, Spectrum Broadcasting Company Nigeria Limited, owners of Hot 98.3 FM radio station Abuja announced on 25 Jan 2011 that it is celebrating its six years anniversary by opening a similar station in Owerri, Imo State.

Chad: 1.8 m Euros spent on re-opening the Normandy cinema

The legendary ‘Normandy’ cinema theatre has been renovated and was inaugurated in the Chadian capital, N'Djamena on January 8,  2011, after thirty years of closure. This event could be one of several events signalling the return of large cinema theatres in several African capitals.

5FM and SABC3 team up to launch (TV)5

On 26 January 2011, it was announced that 5FM and SABC 3 have joined forces to bring an innovative entertainment show to South African audiences. Marking the start of a new chapter in local television programming, 5FM and SABC3 will launch (TV)5 on Friday, 4 February at 19:30.
 
Billed as ‘The television face of 5FM’, (TV)5 will bring much-loved 5FM radio personalities to television screens across the country, to present a new magazine, lifestyle and music show.

Source: mediaupdate.co.za

In Brief - Investment

 Investments at FESPACO 2011: Fespaco, the largest gathering of African cinema to be held from February 26 to March 5, 2011 in Ouagadougou, Burkina Fasso will be bigger again this year. New investors, content sellers and buyers, and media companies are expected to present innovations and digital opportunities. The event is supported by the country’s state and international organisations. Organisers have also added new features such as a new international jury and partnership with four African film schools. Filmmakers have until Jan. 31 2010 to send copies of their productions.

Grass Valley acquisition complete

Francisco Partners have completed their acquisition of Grass Valley Broadcast & Professional (active in Africa) from Technicolor.

As of January 1st 2011, the California-based firm started operating as an independent company under the trade name Grass Valley, with terms of the sale including 100 percent ownership of the current Grass Valley Broadcast & Professional business. 

Source: Grass Valley

Naspers stake in Facebook worth $343m

South Africa-based multinational media conglomerate Naspers has an indirect stake in Facebook worth $343 million (R2.3 billion) following a multimillion-dollar injection into the social-networking site by US bank Goldman Sachs and Russian investment firm Digital Sky Technologies (DST).

This funding boosted Facebook’s value to $50bn. Naspers owns 30 percent in Mail.ru, Russia’s leading internet group, which in turn owns 2.4 percent of Facebook through its sister company DST.

Source: Reuters

Investment - In Brief

- Capital Market authorities have approved a proposal by the Nation Media Group (NMG) to cross list its shares on the Dar es Salaam Stock Exchange (DSE).

- At the end of 2010, French telco SFR has added a number of new channels to its IPTV service 'Neufbox TV'. The new channels include RTG1, the main TV channel of the French-speaking African state of Gabon.

- Afrik.com is about to launch its new webTV. The media company plans to film in HD to allow TV channel to purchase and broadcast its videos. “The webTV should be launched around mid Jan. 2011” said Antoine Ganne.

Uganda: Pay TV Services Get to Mobile Phone

For decades, a number of technological innovations have been undertaken to ease access to information through use of phones, desk top computers, laptops and radios.
With the advent of pay digital television services into Uganda, a new era of phone aided mobile television is taking hold.

All that is required of a subscriber is having a TV receiver dual sim card phone, so that one card provision is for telephone service provider and the other for the pay TV operator.

Source: New Vision