TopTV is still at risk according to new owners


StarSat (previously known as TopTV) is still at risk, according to new owners Star Times Group. The new owners say that South Africa has been reluctant toward the pay-TV broadcaster’s new ownership.

Star Times’ chairman Xinxing Pang says that despite the formal business rescue of the pay-TV broadcasters, subscribers have been lost and the extremely lengthy business rescue has still not been finalised.

South Africa’s foreign ownership laws (for broadcasters) limit the stake China’s Star Times Group can hold to 20 percent. Consequently Star Times has been somewhat constrained in what it can do despite it owning 65 per cent of the economic interest in the broadcaster.

Source: Advanced Television website.

Previous articlePreviously banned SA film travels to international festivals
Next articleSpud 3 Learning To Fly
Chanelle Ellaya is the editor of Screen Africa. She completed her BA Journalism degree at the University of Johannesburg in 2011. While writing is her passion, she has a keen interest in the media in various capacities. Chanelle is an avid social media networker and a firm believer in the power of social and online networking. Between writing and tweeting, she finds time to feed her love for live music.


Please enter your comment!
Please enter your name here