SABC, also known as South African Broadcasting Corporation, is a State Owned entity headquartered in South Africa. Founded in 1936, the company operates with approximately 2300 employees and reported $281.2M in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in broadcast television and radio, acting as the public broadcaster in South Africa and providing 19 radio stations as well as six television broadcasts to the general public.
Producer Mfundi Vundla, 82, recently recalled in a 947 Drive interview the 2014 mass firing of the *Generations* lead cast, explaining he axed them after they struck over royalties not budgeted in his SABC contract, prioritizing his vision when they did not return within four days. This comes as the SABC's TV licence model faces a potential reboot, with 85% of all billed accounts remaining unpaid in the last financial year, even as revenue from licence fees increased by 10.4%. Earlier on March 10, mobile operator Vodacom scrapped data charges for the SABC+ platform, enabling users to stream the service without cost. This followed the SABC abandoning its R1 billion profit target, opting instead to focus on cashing in on SABC+, a move highlighted in public commentary on March 9 regarding the broadcaster's perceived quality.
SABC offers 3 products in the media and telecoms services industry. SABC's product portfolio comprises of media and TV services and broadcast television and radio.
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SABC's revenues were less than $500M in 2024. Caretta Research has split SABC's revenue into 3 different product categories, the largest of which is linear (national channel groups). For full access to SABC's revenue breakdown subscribe to Caretta Portal.
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SABC currently holds 23 broadcasting rights for sports competitions including linear (thematic channel groups), netball, motorsports, basketball, soccer | association football, multi-sport, combat sports, rugby union and cricket.
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