American media giant, NBCUniversal, is acquiring a 30% stake in Showmax, MultiChoice’s video platform.
As part of the deal, MultiChoice announced the formation of Earth UK Holdings Limited (EarthCo) to act as Showmax’s parent company.
In exchange for a 70% stake in EarthCo, MultiChoice will continue to support Showmax with its local market knowledge, capacity for producing local content…
Lagos, Nigeria. In support of the Nigerian government’s broadband ambition to ensure adequate coverage is available to at least 90% of Nigeria’s population, Hyperia Limited, in partnership with YahClick (powered by Hughes), has strengthened its already established…
Netflix sacks 150 employees amidst slowing revenue
May 19, 2022
Video streaming company, Netflix has laid off 150 of its employees as its subscriber base and revenue slows down. This is coming less than a month after it disengaged at least 10 full-time staff and contractors in its editorial and marketing divisions.
The sacked workers…
After the award show, it’s the after-party, and what is a celebration without Moët & Chandon!
The AMVCA is Africa’s foremost award show that brings together Africa’s top talents and stakeholders in the movie industry for a night of celebration, highlighting the previous year’s success. After a break in 2021 due to the pandemic, the awards show returned for its 8th edition on…
Damini Ogulu, professionally known as Burna Boy became the first Nigerian music artist to headline a sold out concert in Madison Square Garden in New York, USA raking in over N3 billion in ticket sales alone.
Tickets sold for as low as $80 with an average of $350 and as high…