Tag Archives: Imtiaz Patel

MultiChoice backs UN Covid campaign

MultiChoice Group has partnered with the United Nations (UN) as an official supporter of its Covid-19 awareness campaign, named Pause.

Imtiaz Patel

The Pause campaign, which is aimed at highlighting the dangers of sharing false information related to Covid -19, launched globally on June 30 with information broadcast across Africa through the DStv and GOtv on-air and digital platforms, SuperSport and M-Net properties and Showmax.

Furthermore, the campaign asks people around the world to pause, think and take care before sharing information that could be inaccurate or a result of misinformation and may have harmful effects.

Robert Skinner, senior advisor for global communications at the UN, said: “We are in a moment of global reckoning as Covid-19 and its social and economic consequences challenge the world in unprecedented ways. Misinformation, hate speech and fake news are fueling and distorting all of these challenges and eroding the truth. We are very excited to have MultiChoice onboard as a supporter giving the launch of our campaign reach across Africa. They are uniquely positioned to deliver this important message to their diverse audiences across the continent.”

MultiChoice executive chairman Imtiaz Patel added: “Reliable information is vital to the fight against Covid -19. The dissemination of credible information has become critical to fighting this epidemic, which continues to impact millions across the globe and our continent. We are, therefore, honoured to be able to utilise the continental reach of our broadcast and digital platforms across Africa to empower people with vital information.”

MultiChoice has supported a number of initiatives in the fight against the spread of the pandemic, which continues to wreak havoc across the globe and is being felt acutely across Africa. It also continues to seek opportunities to use its platforms to combat the spread of Covid-19 while supporting initiatives and airing educational and news-related content aligned with the organisation’s commitment to making an impact in the communities where it operates.

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Patel takes MultiChoice non-exec role

Imtiaz Patel, executive chair of African pay TV group MultiChoice, will be switching to a non-executive role in October 2020.

Imtiaz Patel

The announcement was made shortly after MultiChoice revealed it had added 1.2 million active subscribers in the first half of 2019 and had also upped its operating profit to R4.9bn (US$328m) from R4.1bn in the previous period.

MultiChoice said Calvo Mawela, the group’s current CEO, will assume “full executive responsibility” after Patel’s move.

Patel joined MultiChoice subsidiary SuperSport in 1999 and in March 2005 was appointed CEO.

He was named group CEO of MultiChoice South Africa in 2010. In October 2015, he became CEO of video entertainment for parent company Naspers and then MultiChoice executive chairman early this year.

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MultiChoice exec team reshuffled

Naspers, one of the largest technology investors in the world, has announced the new executive leadership team for its MultiChoice Group.

Imtiaz Patel

The new execs include Calvo Mawela as group CEO, Imtiaz Patel as executive chairman, Tim Jacobs as chief financial officer and Brand de Villiers as chief operating officer. The appointments will take effect on November 1.

Naspers CEO Bob van Dijk said: “This announcement marks a significant step for the MultiChoice Group as they journey towards a stand-alone business. I am confident that through the leadership of Imtiaz and Calvo, MultiChoice Group will continue on its growth trajectory and unlock even more value for its shareholders.”

Calvo said: “I am incredibly excited to lead our team of highly capable executives through this new and exciting chapter for our company. Our leadership team is diverse, experienced and well-positioned to grow our position as the leading entertainment company on the African continent.

Calvo Mawela

“There are significant growth opportunities for MultiChoice Group in Africa. The combination of MultiChoice’s reach, Showmax and DStv Now’s cutting-edge internet television service, alongside Irdeto’s 360 security suite will provide a unique offering.”

On September 17, Naspers had made its intention to separately list its video entertainment business on the Johannesburg Stock Exchange and will include MultiChoice South Africa, MultiChoice Africa, Showmax Africa and Irdeto.

MultiChoice Group is one of the fastest growing pay TV operators in the world and its multi-platform business reaches 13.5 million households across Africa.

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Naspers to list MultiChoice on JSE

Naspers, one of the largest technology investors in the world, plans to separately list entertainment subsidiary MultiChoice on the Johannesburg Stock Exchange (JSE).

Imtiaz Patel

The new publicly listed company is named MultiChoice Group and comprises MultiChoice South Africa, MultiChoice Africa, Showmax Africa and conditional access tech firm Irdeto.

Naspers CEO Bob van Dijk said: “This marks a significant step for the Naspers Group as we continue our evolution into a global consumer internet company. Listing MultiChoice Group via an unbundling aims to unlock value for Naspers shareholders and at the same time create an empowered top-40 JSE-listed African entertainment company.”

The level at which video entertainment has penetrated Africa is quite low, even though it is the fastest growing continent by GDP and population. This is why MultiChoice is being unbundled with limited leverage so it can pursue other opportunities in video entertainment.

This new business aims to offer streaming services online including DSTV Now and Showmax.

Video entertainment CEO Imtiaz Patel declared that: “There are significant growth opportunities for MultiChoice Group in Africa. The combination of MultiChoice’s reach, Showmax and DStv Now’s cutting-edge internet television service, alongside Irdeto’s 360-degree security suite, will provide a unique offering.”

Naspers’ video entertainment business, one of the fastest growing pay TV operators worldwide, entertains about 13.5 million households all over Africa due to its multi-platform structure.

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