''The company plans to launch services in the first half of 2010,'' Chris van Zyl of Super5Media tells me. And Super5Media will have LOCAL CONTENT on its satellite TV bouquet.
Super5Media is the new name of Telkom Media. Telkom sold its shares in Telkom Media to the Chinese owned Shenzhen Media, so the name had to change.
Super5Media is now owned as follows:
75% - Shenzhen Media
15% - VideoVision Home Entertainment (Anant Singh)
5% - MSG Afrika Investments (Given Mkhari)
5% -WDB Group.
''In terms of the shareholding, we have met all Icasa's requirements regarding the notification of the sale and transfer of shares in terms of a sales agreement between Telkom and Shenzhen Media SA. The company is of the opinion that it has complied with all regulations in terms of the transaction and therefore has a licence to broadcast.''
On Super5Media's new website the pay TV operator says it will target South Africa's ''rapidly growing middle class''.
''The satellite pay-TV offering will bring together a mix of local and international content.''
The pay TV operator plans channels and content on those channels that will include entertainment, sport, movies, news, and docu-entertainment.
All of these will include local content.
