serioussam81
Short

Multichoice retracement is in order

JSE:MCG   MULTICHOICE GROUP LTD
The company announced a partnership with Netflix and Amazon Video. Seems like another HBO content deal. They also announced the introduction of a 'new' platform.

The support service is terrible and the various streaming platforms seem broken at best.

Recently the company has experienced continued declines in the number of DStv Premium and Compact Plus subscribers in South Africa.

I guess this is there response, lets see how streamers repond to 'new' products in the coming months.

A retracement is in order, at the very least.

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