Stats: 3,186,449 members, 7,929,499 topics. Date: Friday, 23 August 2024 at 03:17 PM |
Nairaland Forum / Entertainment / TV/Movies / Tstv Launches, Gets Three-year Tax Relief (1394 Views)
DSTV, Startimes, Others Question FG Tax Relief To TStv Africa / Tstv Africa, Has Been Granted Three-year Tax Relief By The Federal Government. / TSTV Launches In Nigeria: Channels, Packages, Subscription & Decoder Prices (2) (3) (4)
Tstv Launches, Gets Three-year Tax Relief by Iseoluwani: 1:29pm On Oct 02, 2017 |
Minister of Information and Culture Lai Mohammed said the tax reliefs were in line with the Pioneer Status recently granted to the Creative Industry by the federal government. PHOTO: NAN The Federal Government has granted a 3-year tax relief to the newly inaugurated Pay TV operator in the country, TStv Africa, as well as tax-freeTSTV dividends to all investors in the company. The Minister of Information and Culture, Alhaji Lai Mohammed, announced this on Sunday night in Abuja at a dinner to mark the official unveiling of the new company. The News Agency of Nigeria (NAN) reports TStv Africa is a wholly owned Nigerian Pay TV operator with refined offerings of novel Unclassified Pay Per View subscription and complimentary internet services. Mohammed, who performed the official unveiling of the new company and its products, said the tax reliefs were in line with the Pioneer Status recently granted to the Creative Industry by the federal government. The minister congratulated the Chief Executive Officer (CEO) of the company, Dr Bright Echefu, and his team for liberalising and breaking the monopoly of Pay TV in the country. “The important thing about what Echefu has done today is that he has redefined the pay per view television industry and from today that industry will never remain the same again. “What he has done is to democratise the media and entertainment industry and make it possible for even a peasant farmer to have access to the best entertainment and news in the world. “It is a great opportunity for me to be the one to unveil TStv because just like a Nigerian made history by crashing the cost of telephony in Nigeria, I am glad that another Nigerian is now coming forward to crash the cost of Pay TV,” he said. The minister commended the courage of the investor for coming from the Diaspora to invest in his country and for believing in the government’s seriousness about diversifying the economy. He said the company had also demonstrated that government alone could not do all things but needed the participation and synergy of the private sector. “I want to assure that this administration will continue to assist you and other investors in creating the enabling environment for businesses to grow,” he said. The minister said that the government was aware of the huge contributions of the creative industry to the nation’s economy and would continue to support the sector. However, he identified contents and the lack of objective audience measurement as major challenges that had retarded the growth of TV and advertising industries in the country. “With the liberalisation of the industry, content has become very key because content determines which channels are being watched and which are not. “Another major challenge is how to get an accurate measurement of which channel is being watched and which is not. “Kenya and South Africa are about one-third of our population but they do much better in TV and radio advertisement than us because of their robust audience measurement,” he said. The minister announced that the National Broadcasting Commission and his ministry would organise a workshop on Nov. 28 to address the challenge of audience measurement. Earlier, Echefu said that TSTV Africa, which had gone through a lot of challenges, was birth to liberalise PayTV in the country, make it affordable to every Nigerian with added values. He said for the first time, Nigerians could now enjoy Pay Per View because with TSTV, “subscription runs as you watch and it has the facility to pause your subscription when you travel”. Echefu said that TStv for a start has 70 premium channels model with the cheapest pay-TV in Africa with maximum subscription fee of N3,000 only. He said as a fully Nigerian brand with consideration for the masses, TStv is not classified and it has a model that accommodate subscription as low as N200 as N500 for a period of time. The CEO said TStv came with PVR (Personal Video Recorder) Decoder which allowed viewers greater control over their viewing experience with functions like pause, rewind, forward, save and record of programmes of interest. Echefu said that once you subscribe to TStv, you will also get complimentary internet service, enabled Wi-Fi, as well as video calls and video conferencing services. “It has an array of amazing TV channels with premium entertainment, educative programmes that cut across all genres. “The genres included news, music, general entertainment, documentary, movies, religious, sports, health, kids, fashion and lifestyle that better define the uniqueness of Nigeria’s diverse culture and traditional values,” he said. The CEO said TStv which was modelled for Nigerians had come to stay, assuring that it would not fail and they would deliver on their promises. NAN reports that the guests at the ceremony were entertained with live performances by musicians and comedians. source :NAIJ |
Re: Tstv Launches, Gets Three-year Tax Relief by Iseoluwani: 1:30pm On Oct 02, 2017 |
Lalasticala myndd44 Seun AburoBuhari This deserves FP |
Re: Tstv Launches, Gets Three-year Tax Relief by AburoBuhari: 1:46pm On Oct 02, 2017 |
nice step in the right direction,let's encourage more of this |
Re: Tstv Launches, Gets Three-year Tax Relief by GreyLaw(m): 1:48pm On Oct 02, 2017 |
I give thumbs up to Buhari and co for this one. Nice one. 3 Likes |
Re: Tstv Launches, Gets Three-year Tax Relief by Iseoluwani: 1:50pm On Oct 02, 2017 |
Sakin yakin |
Re: Tstv Launches, Gets Three-year Tax Relief by dustmalik: 1:52pm On Oct 02, 2017 |
K |
Re: Tstv Launches, Gets Three-year Tax Relief by IgboticGirl(f): 2:21pm On Oct 02, 2017 |
Gud |
Re: Tstv Launches, Gets Three-year Tax Relief by Amberon11: 2:33pm On Oct 02, 2017 |
Hahahahah.. R.I.P. Dstv. 2 Likes 1 Share |
Re: Tstv Launches, Gets Three-year Tax Relief by NaijaEfcc: 3:00pm On Oct 02, 2017 |
Make I hold my happiness until I see it in real life! Sounds too good to be true! But I pray it works out,it will be a game changer!!! |
Re: Tstv Launches, Gets Three-year Tax Relief by Iseoluwani: 3:04pm On Oct 02, 2017 |
CharleyBright osile2012, NaijaEfcc, Josegun , lilskipo, VivaLaFrans |
Re: Tstv Launches, Gets Three-year Tax Relief by CharleyBright(m): 3:07pm On Oct 02, 2017 |
A Laudable Pay TV innovation for the teaming Nigerian subscribers. Will definitely bring good competition to DSTV and Gotv that have long exploited the Nigerian market. Multichoice / DSTV goofed by not introducing Pay as u Go or at least allow Subscribers to select and pay for only the channels they want. They failed to make best use of the huge market. We welcome TSTV with warm embrace as they have come to rescue Nigerians from DSTV wicked monopoly. I need urgent buyers for my DSTv dish and decoders 1 Like |
Re: Tstv Launches, Gets Three-year Tax Relief by jacyhelen(f): 3:49pm On Oct 02, 2017 |
With 200 channels and 10G free data at the Price of 5k will tell any sensible Nigeria that Dstv and Telecom[Mtn and co] will never allow Tstv to survive.i wipe for Nigeria... I knew this gona happen!!!!! What's happening in this country? If truly, they somehow manage to frustrate TStv's startup, then nothing good can ever come out of this country... Until we all march to all DSTV station and deal with them things will not happen. South Africans will never allow any foreign company to compete with their indigenous companies. We are the one doing ourselves. Like same generator cabals importers working against electricity!!!!!!!!! |
Re: Tstv Launches, Gets Three-year Tax Relief by NaijaEfcc: 4:43pm On Oct 02, 2017 |
Too good to be true, honestly I pray it works out, let's see how it goes |
Re: Tstv Launches, Gets Three-year Tax Relief by 14(m): 4:51pm On Oct 02, 2017 |
Iseoluwani: Some people always think their problems are cost by outsiders, whereas is not the case. SA entertainment and advertisement industry is way more advanced than the rest of Africa. And besides that, Dstv has the experience and the know how of runing a digital satelite TV more than even most developed country. The 2nd country in the world to have a satelite TV wqs South africa in 1986, after the USA. 2 Likes 1 Share |
Re: Tstv Launches, Gets Three-year Tax Relief by Bbdealer(m): 5:29pm On Oct 02, 2017 |
Tstv pls how many devices can be connected to one decoder at the same time |
Re: Tstv Launches, Gets Three-year Tax Relief by Nobody: 11:58am On Oct 03, 2017 |
14:mah nigga
|
Re: Tstv Launches, Gets Three-year Tax Relief by Iseoluwani: 8:05pm On Oct 03, 2017 |
14:
|
(1) (Reply)
Nigeria’s N40bn Satellite Missing From Orbit / What Is Going On With Unizik Portal For Post Ume Registration / Video Of Lola Adefope Portrait Painting By Ayeola Ayodeji Abiodun
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42 |