The South African Broadcasting Corporation (SABC), a state-owned entity founded in 1936, is South Africa's public broadcaster. Employing approximately 2300 people and headquartered in South Africa, the SABC generated revenue of roughly $250 million in 2023. Its primary output consists of television and radio programming, encompassing six television channels and nineteen radio stations. The corporation's main product offering is film and television rights.
The South African Broadcasting Corporation (SABC) reported on Coca-Cola Beverages South Africa's (CCBSA) plan to close two factories, potentially resulting in over 600 job losses, on September 17th. On an unspecified date, the Minister of Communications and Digital Technologies, Solly Malatsi, addressed the SABC's debt to Sentech, stating he had spoken with the SABC board and senior management to find a solution. Malatsi also addressed concerns about a potential SABC signal switch-off by December, stating that the SABC might have a new funding model by year's end. Separately, President Cyril Ramaphosa used the SABC for an interview to clarify comments he made comparing DA and ANC-led municipalities.
SABC offers 3 products in the media and telecoms services industry. SABC's product portfolio comprises of broadcast television and radio and media and TV services.
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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 20 broadcasting rights for sports competitions including cricket, motorsports, rugby union, soccer | association football, linear (thematic channel groups), combat sports, netball, basketball and multi-sport.