Netflix loses market leader status to Showmax
As competition intensifies in Africa’s streaming market, Netflix which held more than 40% of the market, has lost its market leader status to Showmax.
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As competition intensifies in Africa’s streaming market, Netflix which held more than 40% of the market, has lost its market leader status to Showmax.
As video-on-demand consumption slows globally, players increasingly identify opportunities in Africa, with SA creating the highest revenue.
African streaming platform IROKOtv has denied all shutdown rumours. CEO Jason Njoku revealed that the platform's downtime is due to an ongoing migration that will see IROKOtv made accessible on smart TVs.
The local video streaming service hopes its partnership with Peacock will allow it to attract more subscribers.
SABC's financial challenges over recent years have raised concerns about the public broadcaster's future, but what about online streaming?