February 21, 2018 IBOMLLC Team

Kwesé acquires iflix Africa – Competing VoDs like Showmax, Netflix must watch out

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Kwesé, a subsidiary of Econet Media has purchased a big stake in iflix Africa, further widening the basket of choice for its viewers and subscribers.

With a presence in Kenya, South Africa, Ghana, and Nigeria, iflix provides viewers with a wide basket of choice in both local (African) and international movies, series, and drama. It also features a couple of first-to-market exclusive release only on its platform.

iflix, despite being a more affordable Video-on-Demand (VoD) streaming platform, compared to its competition like Netflix, Amazon Prime, and Showmax, has still not roped in the number of viewers it expected. That is largely because what experts believe to be poor marketing strategy on iflix’s part; especially when compared to the competition.

With Kwesé buying into the company, experts argue that the VoD platform is going to boost its marketing impact. iflix is expected to ride on Kwesé’s network, content, and expertise in the continent.

We are thrilled to deepen our operating partnership with iflix to lead the transformation of media in Africa. Our companies share a mutual passion for innovation, along with a deep understanding of the culture and evolution of …read more

Read more here:: Kwesé acquires iflix Africa – Competing VoDs like Showmax, Netflix must watch out

      

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