South Africans flocked to Openview during the pandemic

Openview, the free-to-air satellite tv for pc platform within the eMedia Holdings secure and a sister firm to e.television, has elevated the variety of activations of its set-top containers by greater than 18% prior to now yr, to virtually 2.4 million items.

That’s an enchancment from the simply lower than two million activations recorded a yr in the past.

The figures have been disclosed in JSE-listed eMedia’s outcomes for the yr ended 31 March 2021, which have been revealed on Thursday.

The media group is now promising to launch new channels within the present monetary yr to enhance the breadth of the Openview content material providing. it additionally mentioned it can launch a streaming video providing referred to as eVOD in July, however didn’t present any additional particulars concerning the product or what programming it can provide.

Openview, inclusive of the e.television multi-channel enterprise, earned promoting income of R269.6-million within the yr to March, up from R194.1-million beforehand. Nonetheless, it incurred content material prices of R366.9-million, up from R308.7-million in 2020.

Market share

“The rise is attributable to the extra sports activities on the information and sports activities channel in addition to the addition of the Afrikaans block on eExtra,” eMedia mentioned. These content material investments have elevated the tv viewing market share of the group, it added.

Working bills at Openview fell by 7% as a result of group ending a shopper subsidy of set-top containers that was designed to drive gross sales. “Regardless of this discount in subsidy, Openview set-top field activations proceed to develop at a median of 35 000/month.”

eMedia Holdings reported full-year headline earnings per share of 16.42c, or about half the 33.34c reported in 2020. Income from persevering with operations was R2.4-billion, in comparison with R2.5-billion final yr.  — © 2021 NewsCentral Media

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