SABC has a plan to turn R1-billion annual profit
The South African Broadcasting Corporation (SABC) expects to report a nearly R1-billion profit in 2026/27, the National Treasury revealed in its Budget Review document.
The South African Broadcasting Corporation (SABC) expects to report a nearly R1-billion profit in 2026/27, the National Treasury revealed in its Budget Review document.
The review threatens to pull business from WPP agency Open X after the holding company beat rival Publicis for the account in 2021.
So-called pay-to-play pitches require agencies to pay an intermediary (either an upfront fee or a percentage of client billings) to take part in a review. In some cases, the advertiser does not pay the intermediary for its services, meaning competing agencies bear the full cost.
It promises significant time and cost savings for media owners, as tens of thousands of unique OOH creatives are reviewed and categorized manually per month, with 100 percent year-over-year growth anticipated.