DStv BoxOffice hits 530,000 rentals per month

Internet and media giant, Naspers, says that its BoxOffice service, is averaging 529,000 movie rentals  per month.

MultiChoice, the Naspers arm which operates the DStv Satellite Television service, recently (1 June) lifted its DStv BoxOffice rental prices from R25 to R27 per new movie.

At R25 per rental, the group’s BoxOffice service amounted to R13.2 million per month in revenue, and is up from 400,000 movie rentals per month it recorded in 2013.

Naspers also reported that its pay television service in South Africa, DStv, broke through five million subscribers in 2014.

The group said its DStv subscribers reached 5.008 million subscribers for the year ended March 2014, from 4.451 million in 2013.

Naspers said that its PVR base increased 15% year on year, from 956,000 to 1.1 million after the group launched its new Explora PVR with expanded hard drive in 2013.

Overall pay-television subscriber numbers gained by 1.3 million households, taking the base to over eight million homes across 50 countries in sub-Saharan Africa.

Pay television revenue for the year ended March 2014, climbed 20% to R36.271 billion.

Naspers pay TV
Naspers pay TV

“Continued expansion of digital terrestrial (DTT) services, more investment in local content and an increase in online service offerings resulted in 13% growth in trading profit to R8.5 billion, Naspers said.

DTT subscribers, represented through GOtv, climbed from 547,000 subscribers, to 817,000 in 11 countries in Africa.

“DTT coverage has been expanded and now covers eight countries and 92 cities. We continue to invest in our online offering, expanding our services on mobile phones, tablets and computers, and launched an improved personal video recorder,” Naspers said.

More on Naspers

Naspers reveals DStv BoxOffice figures

Naspers revenue spurred by Internet growth

MultiChoice raises DStv prices

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DStv BoxOffice hits 530,000 rentals per month