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MultiChoice loses 9% of its subscriber base in 2023/24

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Manage episode 423272576 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Calvo Mawela, MultiChoice Group CEO.
Media group Multichoice’s losses have doubled in the last year as the group continues to bleed customers.
In its financial results for 31 March 2024, the group said that it delivered “positive organic revenue growth” of 3% despite the severity of the macro and consumer headwinds impacting the business.
The group also outperformed its cost optimization, delivering R1.9 billion in cost savings against an initial target of R0.8 billion. Kaya FM
  continue reading

168 episodes

Artwork
iconShare
 
Manage episode 423272576 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Calvo Mawela, MultiChoice Group CEO.
Media group Multichoice’s losses have doubled in the last year as the group continues to bleed customers.
In its financial results for 31 March 2024, the group said that it delivered “positive organic revenue growth” of 3% despite the severity of the macro and consumer headwinds impacting the business.
The group also outperformed its cost optimization, delivering R1.9 billion in cost savings against an initial target of R0.8 billion. Kaya FM
  continue reading

168 episodes

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