Welcome to South Africa, Netflix!

Rumours that circulated last year suggesting a local launch of video-streaming service Netflix was imminent have proven to be true.

The service launched on Thursday (7 January) in 130 new countries, including South Africa.

Netflix’s service is now available just about anywhere in the world, except China.

The Money Show’s Bruce Whitfield interviewed Toby Shapshak, Publisher of Stuff magazine.

Scroll down for quotes from the audio below.

I suspect some people will be disappointed. Netflix – like ShowMax – is more of a ‘binge watching’ experience.

Toby Shapshak, Publisher of Stuff magazine

Most of the bandwidth used in the States now comes from Netflix.

Toby Shapshak, Publisher of Stuff magazine

Netflix is not a replacement for DSTV.

Toby Shapshak, Publisher of Stuff magazine

DSTV’s offering is very, very good compared to what you get around the world.

Toby Shapshak, Publisher of Stuff magazine

You can watch more UK Premiership soccer on DSTV than you can watch in the UK!

Toby Shapshak, Publisher of Stuff magazine

Netflix content is very focussed on the US.

Toby Shapshak, Publisher of Stuff magazine

Koos Bekker saw this coming six years ago.

Toby Shapshak, Publisher of Stuff magazine

ShowMax has a lot of local classics.

Toby Shapshak, Publisher of Stuff magazine

Subscribe to our Business Wrap Newsletter

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Google’s YouTube to take on Netflix and Amazon with streaming service

Google’s YouTube to take on Netflix and Amazon with streaming service

YouTube is aiming to get rights for streaming TV series and movies to compete with the likes of Netflix Inc. and Amazon.com.

Yet another Netflix-like video-on-demand (VOD) service launches in South Africa

Yet another Netflix-like video-on-demand (VOD) service launches in South Africa

TechCentral Editor Duncan McLeod discusses the new players in this space as well as the ones closing down.

Naspers launches Showmax, a Netflix-like video on demand service

Naspers launches Showmax, a Netflix-like video on demand service

The Money Show’s Bruce Whitfield interviewed John Kotsaftis, CEO of DStv Digital Media – Showmax.

Naspers to launch its own streaming service. You snooze you lose, Netflix?

Naspers to launch its own streaming service. You snooze you lose, Netflix?

Naspers will launch its own streaming service more than a year ahead of Netflix.

Is Naspers too dependent on Tencent?

Is Naspers too dependent on Tencent?

We interviewed Naspers CEO Bob van Dijk about the perceived over-reliance of his company on Chinese behemoth Tencent.

Naspers owned Tencent now world’s 11th the most valuable brand (1st in China)

Naspers owned Tencent now world’s 11th the most valuable brand (1st in China)

Internet services company Tencent Holdings, in which Naspers has a 34 percent stake, has surpassed Facebook in brand value.

Naspers owned Tencent buys stake in Kim Kardashian game developer Glu Mobile

Naspers owned Tencent buys stake in Kim Kardashian game developer Glu Mobile

The Chinese tech-firm will pay R1.5bn for a 15 percent stake in the US developer famous for its hit "Kim Kardashian: Hollywood”.

Yet another analyst agrees; Naspers is one heck of a great investment right now

Yet another analyst agrees; Naspers is one heck of a great investment right now

First Avenue Investment Management analyst Nadim Mohamed is the latest in a string of experts to sing Naspers’ praises.

How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

Bruce Whitfield speaks to historian Professor Lizette Rabe about the story of the Nasionale Pers.

Popular articles
Sassa cards will be functional beyond expiry date

Sassa cards will be functional beyond expiry date

Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Bylaws, times you may use fireworks

Bylaws, times you may use fireworks

City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?