Pay-TV operator MultiChoice is feeling the pressure from local and international OTT platforms. On top of that, the company believes the regulatory framework in SA is not protecting traditional broadcasters against the onslaught of big foreign media companies.
This was revealed yesterday by the company’s senior executives at the MultiChoice offices in Randburg. The execs were in unison in expressing their fears that online video content is growing in SA and will eventually eclipse traditional TV. Describing the rapid changes the broadcasting sector has faced over the years, Nolo Letele, executive chairman at MultiChoice, said in the past video content was only distributed by a few broadcasters but today they are countless.
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