Netflix vs. DStv subscription: Price increase comparison

DStv Premium and Compact Plus prices have steadily increased over the past six years, with Compact Plus rising faster on average. Meanwhile, Netflix Premium has only had one price hike since 2018 but has seen a higher overall percentage increase than DStv Premium. DStv's subscriber base has dropped significantly since Netflix entered the South African market. However, MultiChoice remains confident in its relevance, citing Showmax's unique local content and integration with global streaming platforms..Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here..By Myles Illidge.Netflix Premium's price has increased more over the past six years than that of DStv Premium. This is despite Netflix only increasing its prices once in 2021, while MultiChoice increases its DStv prices annually..However, the prices of DStv Compact Plus have, on average, increased faster since 2018..DStv's subscriber base, particularly its Premium subscribers, has seen noticeable declines since Netflix entered the South African market in 2016..Between March 2015 and March 2016, DStv lost more than 250,000 Premium subscribers after peaking at 2.35 million Premium subscribers in March 2015..This figure had dropped to 1.92 million by March 2018 — the last time it reported Premium subscribers separately..Read more: 🔒 FT's Big Read: How Netflix won the streaming wars.It grouped DStv Premium subscribers with Compact Plus customers in its Premium segment in the years that followed..However, it is possible to estimate subscriber numbers for each package using MultiChoice's historical operational information and trends..MyBroadband estimates that DStv's Premium subscriber base in South Africa had dropped to roughly 600,000 subscribers by March 2024..While the Department of Communications and Digital Technologies has acknowledged the existential threat that international streaming platforms pose to South African broadcasters, MultiChoice is confident it will stay relevant.."On-demand music and video online streaming services are seriously disrupting the industry globally," the department said in its annual performance plan for 2024/25..However, MultiChoice says its Showmax offering means it is well-positioned to deal with the threat.."Showmax is designed for our markets and brings our subscribers the continent's best and most-loved African stories," MultiChoice said.."It's also the home of HBO online in Africa as well as a broad selection of award-winning and blockbuster international movies and series, with an ever-growing catalogue of exclusive Showmax Originals and the best kids shows, as well as live sport from SuperSport on our Showmax Pro package.".It has also made it possible for its satellite TV subscribers to access streaming platforms like Netflix, YouTube, Amazon Prime Video, and Disney+ directly through their Explora Ultra decoder..Price hike comparison.MyBroadband tracked DStv's Premium and Compact Plus price increases from 2018 to 2024 and compared them to Netflix's price hikes over the same period..It should be noted that Netflix launched in 2016. However, until 2018, Netflix charged South African customers in dollars, meaning the monthly fee fluctuated with the exchange rate..It started offering rand-denominated pricing in August 2018, with Netflix Standard priced at R139 per month and Premium at R169 per month..The global streaming giant has only increased its South African prices once since 2018. The price hikes came in 2021 when Netflix Premium increased to R199 per month and Standard to R159 per month..These represented 17.75% and 14.39% hikes, respectively..Meanwhile, DStv has increased the pricing of its Premium package five times since 2018, while Compact Plus has seen six price increases over the same period..Since 2018, DStv Premium's price hikes have ranged from 1.21% to 5.69%, with an overall increase of 14.83%. This works out to an average of 2.47% each year..Compact Plus' price has risen by R110 since 2018, when it was R509 per month. Its average price increases are roughly 3.6% per year..In comparison, Netflix's Premium price has increased by 17.75% over the period, working out to an average of 2.95% each year. Netflix Standard has increased by 14.39% overall, or 2.4% annually on average..The table below compares DStv Premium, and Compact Plus increases to Netflix Premium and Standard price hikes from 2018 to 2024. Percentage increases are shown in brackets..YearDStv PremiumNetflix PremiumDStv Compact PlusNetflix Standard2018R809R169R509R1392019R809 (0.00%)R169 (0.00%)R519 (1.96%)R139 (0.00%)2020R819 (1.24%)R169 (0.00%)R529 (1.93%)R139 (0.00%)2021R829 (1.22%)R199 (17.75%)R539 (1.90%)R159 (14.39%)2022R839 (1.21%)R199 (0.00%)R549 (1.86%)R159 (0.00%)2023R879 (4.77%)R199 (0,00%)R579 (5.46%)R159 (0.00%)2024R929 (5.69%)R199 (0.00%)R619 (6.91%)R159 (0.00%)OverallR120 (14.83%)R30 (17.75%)R110 (21.61%)R20 (14.39%)Average increase per year2.47%2.95%3.60%2.40%.Read also:.🔒 Netflix extends streaming dominance with 8M new subscribers and higher earningsEvery streaming service you can get for the price of DStv PremiumDStv price hike: 11 streaming services cheaper than a Premium decoder subscription.This article was first published by MyBroadband and is republished with permission

Netflix vs. DStv subscription: Price increase comparison

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