SABC pursues breakup

Pubcaster hopes to proceed with split by end of year

JOHANNESBURG — The South African Broadcasting Corp. has applied to divide into a public service and a commercial service — a step required by the Broadcasting Act of 1999.

The pubcaster has invested $125 million over the past four years in the local production industry. During this period, 60% of its production was awarded to black economic empowerment companies.

A high point came in 2002-03, when 227 productions (excluding news) were picked up from outside production companies at a combined cost of $54 million.

Interested parties have until Friday to lodge comments, and the SABC hopes to be able to proceed with the split by the end of the year.

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