SABC denies it will pocket up to R900m a year from Multichoice contract
The public broadcaster says the agreement contains ‘commercially sensitive information’ and so will not release details of the contract
The SABC has dismissed suggestions that it could pocket between R700m and R900m a year from a new channel supply agreement with Multichoice. The cash-strapped public broadcaster signed a new agreement with the pay TV operator earlier this week. Sources at the SABC suggested that the broadcaster could earn up to R900m a year for providing Multichoice’s DStv platform with a 24-hour news channel and the entertainment channel SABC Encore. On Thursday, SABC spokesman Kaizer Kganyago dismissed suggestions that the public broadcaster could earn between R700m and R900m from the deal. "The two parties [SABC and Multichoice] want to put it on record that the figure is inaccurate. The SABC and Multichoice would like to reiterate that the agreement contains commercially sensitive information, and therefore we are unable to divulge any details contained in the contract," said Kganyago. A previous deal between the SABC and MultiChoice in 2013 — worth about R500m — was flagged by a parliamentary i...
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