MultiChoice, operator of DStv and GOtV, is reducing prices across its products. In Igbo Nation, when things turn out intense, elders will say “anaghi agwa ochii nti na-agha esula” [you do not tell the man ‘hard’ on hearing that war has started]; for MultiChoice, the game is changing. Yes, there are choices and governments do not even need to beg MultiChoice to reduce prices because market forces are now working.
MultiChoice Africa will be cutting monthly DStv and GOtv subscription fees across East Africa with DStv and GOtv consumers who will be seeing a decrease in the monthly payments in Uganda, Kenya, Tanzania and some Mozambique packages.
MultiChoice East Africa’s decision to lower fees comes after rival StarTimes lowered prices in Kenya in April 2019 and as pay-TV consumers struggle in tough African economies.
After China’s StarTimes Kenya restructured the tiered-offering of its pay-TV services in Africa’s largest pay-TV market in the east of the African continent, MultiChoice is following 5 months later and is now also lowering fees.
With European leagues giving licenses for online streaming, the TV box is no more the only channel to watch sports games. Live games have been the core lock MultiChoice has used on its subscribers for years. And if you check the countries they are reducing prices, they are countries where entrepreneurs have received rights to compete through online streaming via the unbounded and unconstrained distribution channels of the web. Nigeria needs those entrepreneurs and not court order to fight pricing for Nigerians.
Governments went with court orders to force price controls. But MultiChoice overcame through court injunctions. Today, it is reducing prices, not because of court orders, rather due to market forces. Monopolies respond to one thing: new basis of competition. The new basis is the foundation of market disruption. Take it to DStv and prices will come down!
Click to join Tekedia Capital and build Next Africa with min of $10,000 co-investment in startups.