We asked the SABC how it plans to monetise the free SABC+ streaming service as part of its financial turnaround plans.
The South African Broadcasting Corporation is considering various strategies to monetise its free-to-use streaming platform, but it won’t say what these strategies are.
SABC manager for media relations, Mmoni Seapolelo, told MyBroadband that it couldn’t provide details on its plans.“SABC+ has considered various strategies; however, due to the competitive nature of the broadcasting landscape, we are not at liberty to share our business strategies in the public space.”
Through the revamp, the SABC reintroduced the requirement to register with their phone number and other personal details to watch SABC+.in December 2023 saw the temporary removal of the registration requirement, as well as several other changes.South Africa’s public broadcaster has recorded annual losses since the 2014/15 financial year, with its 2022/23 annual report revealing a loss of R1.13 billion.
Despite congratulating the SABC on its improvements, the committee called for changes to the public broadcaster’s funding model. The broadcaster added that the trend of forecasted losses for 2024 and 2025 shows its commitment to clawing back previous losses.
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