He emphasised the need for a balanced copyright system that protects creators’ rights.
MultiChoice has announced plans to discontinue its streaming platform, Showmax, highlighting the need to review its strategy amid growing competition in the streaming industry.
The new streaming service was announced by the Premier League chief executive, Richard Masters.
“This acquisition allows us to strengthen our position as a leader in Africa, one of the most dynamic pay-TV markets in the world,” Canal+ chief executive Maxime Saada said.
MultiChoice is seeking to stop the FCCPC from sanctioning it over its recent increase in the DStv and GOtv subscriptions.
‘Lisabi: The Uprising’ follows with seven nominations, and ‘Anikulapo: Rise of the Spectre’ has five nominations.
MultiChoice announced a new price increase for its GOtv and DStv subscriptions on February 24, expected effective March 1.
The company explained that the increase is a result of the economic challenges it continues to face in Nigeria.
Netflix said it may also adjust plans and pricing to respond to local market changes.
Multichoice Group’s annual report for FY 2024 showed that, as of March 31, 2024, it had a deposit of N33.7 billion with Heritage Bank.
