Monday, July 14, 2025
HomeBusinessWeekly DStv subscriptions could be coming to Nigeria soon

Weekly DStv subscriptions could be coming to Nigeria soon

Published on

spot_img

MultiChoice, the owner of DStv, has begun testing weekly subscriptions in Uganda. If successful, the company intends to expand this model to other markets, including Nigeria.

The trial, which started seven weeks ago, is part of MultiChoice’s effort to better align its pricing with customer cash flows. “It is a big change and we think when people are struggling, as we have seen, offering them weekly passes will help in the same way cellphone prepaid has changed the mobile industry,” Calvo Mawela, MultiChoice Group chief executive officer, told the Sunday Times.

Mawela said the company expects to assess the success of the pilot within three to six months. He added that MultiChoice is also exploring additional options to retain customers, including a base package that allows viewers to add individual channels based on preference.

These plans come on the heels of the company’s financial results for the year ended March 31, 2025, which show continued pressure on its core pay-TV business. MultiChoice’s revenue dropped 9 percent to $2.87 billion (ZAR50.8 billion), driven by an 11 percent fall in subscription income and persistent currency headwinds across markets.

Read also: Federal High Court upholds MultiChoice’s autonomy, dismisses FCCPC’s suit on DStv pricing

Operating profit plunged 34 percent year-on-year to $263.50 million (ZAR4.7 billion), while trading profit declined by nearly half to $228.14 million (ZAR4.1 billion). Over the past two financial years, MultiChoice has lost 2.8 million active linear subscribers as high inflation and currency headwinds erode purchasing power in its key markets.

Since March 2023, MultiChoice has shed 1.4 million subscribers in Nigeria, representing 77 percent of the 1.8 million customers lost in its Rest of Africa (RoA) segment, which includes Kenya, Zambia, and Angola.

“Sizeable customer losses in Nigeria as high inflation adds more pressure on consumers,” the company stated in its earnings report. Inflation in the country stood at 23.71 percent as of April 2025.

Multichoice Nigeria’s subscription revenue fell to $197.74 million (ZAR3.5 billion) in the full year ending March 2025 from $355.93 million (ZAR6.3 billion) in the corresponding period of 2024.

However, despite these headwinds, MultiChoice’s digital and streaming segments are growing. Revenue from DStv Internet rose 85 percent, KingMakers grew 76 percent (in constant currency), and DStv Stream increased by 48 percent. Showmax also recorded a 44 percent year-on-year increase in active paying customers.

“Our strategy is shaped by developments in our industry, such as changes in technology, which are driving shifts in consumer behaviour, as well as the impact of a rise in piracy, streaming services, and social media,” added Mawela.

Latest articles

7/13/2025: Healing Justice; Lowriders of New Mexico

Watch CBS News 7/13/2025: Healing Justice; Lowriders of New Mexico First, a report on exonerees and survivors coming together to heal. And, a look at why lowrider cars are celebrated as a cultural symbol. View CBS News In CBS News App Open Chrome Safari Continue Be the first to know Get browser notifications for breaking

Historic Grand Canyon Lodge destroyed by expanding wildfire

Updated on: July 14, 2025 / 2:31 AM EDT / CBS/AP Dozens of wildfires across western U.S. Dry conditions fueling dozens of wildfires across western U.S. 01:51 A fire near the Grand Canyon National Park in Arizona has destroyed dozens of structures, including the historic Grand Canyon Lodge and a water treatment facility, which caused

7/13: CBS Weekend News

Watch CBS News 7/13: CBS Weekend News New flooding threat in Texas areas recovering from July 4 floods; Tabernacle Choir's "Music and the Spoken Word" airs its 5,000th episode View CBS News In CBS News App Open Chrome Safari Continue Be the first to know Get browser notifications for breaking news, live events, and exclusive

A Bond Broken: The toll of domestic violence on children

Updated on: July 13, 2025 / 11:59 PM EDT / CBS Chicago On their shared birthday, Jayden Perkins and Kameron Miles would each have candle-lit cupcakes while friends and family would sing to them. Born six years apart on May 28th, the brothers were bonded by more than just a date. Jayden, the older brother

More like this

7/13/2025: Healing Justice; Lowriders of New Mexico

Watch CBS News 7/13/2025: Healing Justice; Lowriders of New Mexico First, a report on exonerees and survivors coming together to heal. And, a look at why lowrider cars are celebrated as a cultural symbol. View CBS News In CBS News App Open Chrome Safari Continue Be the first to know Get browser notifications for breaking

Historic Grand Canyon Lodge destroyed by expanding wildfire

Updated on: July 14, 2025 / 2:31 AM EDT / CBS/AP Dozens of wildfires across western U.S. Dry conditions fueling dozens of wildfires across western U.S. 01:51 A fire near the Grand Canyon National Park in Arizona has destroyed dozens of structures, including the historic Grand Canyon Lodge and a water treatment facility, which caused

7/13: CBS Weekend News

Watch CBS News 7/13: CBS Weekend News New flooding threat in Texas areas recovering from July 4 floods; Tabernacle Choir's "Music and the Spoken Word" airs its 5,000th episode View CBS News In CBS News App Open Chrome Safari Continue Be the first to know Get browser notifications for breaking news, live events, and exclusive