https://www.reuters.com/article/us-naspers-video/naspers-creates-new-video-on-demand-unit-as-netflix-rivalry-heats-up-idUSKBN1KT1ZC

Naspers' video entertainment division has created a new over-the-top (OTT) video unit to be headed by Niclas Ekdahl in a bid to counter stiff competition for video on demand from global players such as Netflix.