The details of the multimillion-rand broadcasting deal between the SABC and MultiChoice may never be made public if the two companies get their way in the Constitutional Court. The five-year agreement entered into by the two entities in 2013 resulted in the SABC pocketing more than R500m in exchange for extensive rights to its archived content, with an added pact that MultiChoice would not encrypt SABC TV channels when the country migrates to digital terrestrial television. If the applicants have their way, not only will the Competition Commission get to investigate whether the deal between the SABC and MultiChoice constitutes a measure, but will also allow the public an opportunity to scrutinise the value of the material the public broadcaster traded with MultiChoice. Disgraced former SABC boss Hlaudi Motsoeneng secured himself a R33m bonus, R11.4m of which was paid out to him in August 2016. On Thursday, the media companies’ legal representatives told the court, during an applicat...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.