{"id":94530,"date":"2023-03-02T07:52:12","date_gmt":"2023-03-02T07:52:12","guid":{"rendered":"http:\/\/lebanonnewsgazette.com\/?guid=60002ab3186954e94ebbd01f44b2155a"},"modified":"2023-03-02T07:52:12","modified_gmt":"2023-03-02T07:52:12","slug":"multichoice-and-comcasts-nbcuniversal-and-sky-partner-to-create-leading-streaming-service-in-africa","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/multichoice-and-comcasts-nbcuniversal-and-sky-partner-to-create-leading-streaming-service-in-africa\/","title":{"rendered":"MULTICHOICE AND COMCAST\u2019S NBCUNIVERSAL AND SKY PARTNER TO CREATE LEADING STREAMING SERVICE IN AFRICA"},"content":{"rendered":"<div>Johannesburg, March 02, 2023 (GLOBE NEWSWIRE) &#8212;<\/div>\n<div><\/div>\n<div>\n<ul>\n<li>Partnership offers growth opportunity in Africa, building on MultiChoice\u2019s footprint across 50 markets, its excellent execution track record on the continent and the successful Showmax brand.<\/li>\n<li>MultiChoice to relaunch Showmax, powered by NBCUniversal\u2019s Peacock technology platform, along with world-class content from NBCUniversal and Sky, offering audiences the best experience with local and global entertainment, as well as live matches of the English Premier League (EPL) football.<\/li>\n<\/ul>\n<p><b>Thursday March 2, 2023:<\/b> MultiChoice Group (MultiChoice) (JSE: MCG) and Comcast\u2019s (NASDAQ: CMCSA) NBCUniversal and Sky today announced a new partnership that will bring some of the world\u2019s best content and technology to streaming customers across MultiChoice\u2019s 50-market footprint in sub-Saharan Africa, at a time when Africa is approaching an inflection point in terms of broadband connectivity and affordability.\u00a0 The new Showmax group will be 70% owned by MultiChoice and 30% by NBCUniversal. (*<i>See Note<\/i>). It will build on Showmax\u2019s success to date and aim to create the leading streaming service in Africa.<\/p>\n<p>Powered by Peacock\u2019s leading, globally-scaled technology, Showmax subscribers will have access to an extensive premium content portfolio, bringing African audiences the best of local and international programming. The service will combine MultiChoice\u2019s accelerating investment in local content with a unique pipeline of award-winning and critically acclaimed international content licensed from NBCUniversal and Sky, third party content from HBO, Warner Brothers International, Sony and others, as well as live English Premier League (EPL) football.\u00a0 The partnership will also provide access to all the best African content such as Showmax Originals and local content from MultiChoice&#8217;s proprietary channels including Mzansi Magic, Africa Magic and Maisha Magic.<\/p>\n<p>Using a significant portfolio of global media assets and Peacock\u2019s streaming platform, which finished 2022 with over 20 million paid subscribers in the US, NBCUniversal and Sky will provide ongoing support through the licensing of both technology and content.<\/p>\n<p>\u201cWe launched Showmax as the first African streaming service in 2015 and are extremely proud of its success to date. This agreement represents a great opportunity for our Showmax team to scale even greater heights by working with a leading global player in Comcast and its subsidiaries,\u201d said Calvo Mawela, Chief Executive Officer of MultiChoice. \u201cThe new business venture deepens an already strong relationship and builds on the Sky Glass technology partnership that we announced in September last year. We believe we are extremely well positioned to create a winning platform going forward.\u201d<\/p>\n<p>Dana Strong, Group Chief Executive Officer, Sky, commented, \u201cThis\u00a0new collaboration in streaming\u00a0and content\u00a0with MultiChoice, NBCUniversal,\u00a0and Sky takes\u00a0our partnership to the next level\u00a0in one of the world&#8217;s most vibrant, fastest growing markets.\u00a0\u00a0Last year,\u00a0we announced MultiChoice as a customer of the Sky Glass platform and now we are excited to help innovate its\u00a0Showmax\u00a0streaming service.\u201d<\/p>\n<p>Matt Strauss, Chairman, Direct-to-Consumer &amp; International, NBCUniversal, added, \u201cThis partnership is an incredible opportunity to further scale the global presence of Peacock\u2019s world-class streaming technology, as well as to introduce millions of new customers to extensive premium content from NBCUniversal and Sky\u2019s stellar entertainment brands.\u201d<\/p>\n<p>Further details about the new Showmax service, including launch date, content and pricing will be announced at a later date.<\/p>\n<p><b>[*<u>NB<\/u><\/b>: <i>In Nigeria, NBCUniversal will hold an indirect 23.7% stake in the local subsidiary<\/i>]<img decoding=\"async\" src=\"https:\/\/ci5.googleusercontent.com\/proxy\/3TxQIWmpLbcMNoW9bjNw8ZQh389uOHsmdDnBlp1zl6dl8FVxPI37GJehluYo5dPn8pAVxeoUMMyS5iTt3siMvdQipdEVF1cvEgWiIhuPFezXVWTeu8K9KET-EhHLaBJbwkMKLTvJs1cQiFEinmZp-RVR9lyGBVduwbkmh9lYt4RpPWZqtZTH1OA5ldi7WbzvOg=s0-d-e1-ft#https:\/\/ml.globenewswire.com\/media\/NTQyYjdiZTAtYjc2Zi00NDNjLTkxMTEtYzhkYTBjZTNjYjdiLTEyMjIwNjU=\/tiny\/MultiChoice-Group-Ltd.png\" \/><\/p>\n<pre>Elizabeth Ferreira\r\nMultiChoice Group Ltd\r\n+27834825241\r\n<a href=\"mailto:fourie_elizabeth@yahoo.com\"  rel=\"noopener noreferrer\">fourie_elizabeth@yahoo.com<\/a>\r\n<\/pre>\n<p align=\"center\">GlobeNewswire Distribution ID 8780187<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Johannesburg, March 02, 2023 (GLOBE NEWSWIRE) \u2014 Partnership offers growth opportunity in Africa, building on MultiChoice\u2019s footprint across 50 markets, its excellent execution track record on the continent and the successful Showmax brand. MultiChoice to relaunch Showmax, powered by NBCUniversal\u2019s Peacock technology platform, along with world-class content from NBCUniversal and Sky, offering audiences the best [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,2584,17,53,343],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MULTICHOICE AND COMCAST\u2019S NBCUNIVERSAL AND SKY PARTNER TO CREATE LEADING STREAMING SERVICE IN AFRICA - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/multichoice-and-comcasts-nbcuniversal-and-sky-partner-to-create-leading-streaming-service-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MULTICHOICE AND COMCAST\u2019S NBCUNIVERSAL AND SKY PARTNER TO CREATE LEADING STREAMING SERVICE IN AFRICA - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"Johannesburg, March 02, 2023 (GLOBE NEWSWIRE) \u2014 Partnership offers growth opportunity in Africa, building on MultiChoice\u2019s footprint across 50 markets, its excellent execution track record on the continent and the successful Showmax brand. 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