Wednesday, June 19, 2013

Is another new local TV channel coming to DStv soon? Times Media Group CEO says the company is planning to start a new TV station.


Bloomberg Businessweek is reporting today that apparently another new local TV channel is coming to MultiChoice's DStv pay-TV platform soon.

According to the Bloomberg Businessweek article which appeared on Wednesday the new TV channel which is being developed by South Africa's Times Media Group (TMG), the South African publishing company, will "launch soon".

Andrew Bonamour, Times Media Group CEO told Bloomberg Businessweek in an interview that the group will "start a new television station".

"We see our TV side as our growth side, so we're going to be investing and developing new channels because they are profitable," Andrew Bonamour is quoted as saying.

The Home Channel, Ignition, Saffron TV, The Learning Channel and the newly rebranded Business Day TV as TV channels, as well as Ochre Moving Pictures producing Saffron TV and shows such as e.tv's Scandal! are all TV-related entities which fall under the Times Media Group umbrella.