Few years ago, it was alleged that the public broadcaster would be selling SABC 3 alongside radio stations Metro FM and 5FM. Contributing factors to this included a drop in viewership and the SABC's lack of cash flow but this had been disregarded.
According to the SABC, the board has approved comprehensive assessment criteria for determining “core media assets”, noting that this includes not only channels which contribute to the public mandate but which also help to fund the SABC’s public service obligations.
“The Board has already identified noncore property assets and has drawn up a list of properties for disposal, as required by National Treasury preconditions,” the SABC said.
“The potential disposal of any of the SABC’s media assets involves a much more complex decision matrix, with factors such as the public interest, the public mandate and the future financial sustainability of the SABC being central to any decision.”
Now the public broadcaster faces the risk of possible liquidation as government failed but still ongoing attempts at moving away from analogue would not only leave millions of households without SABC TV signals but a drop in revenue.
SABC is struggling to retain most of the content viewed on their platforms with Muvhango being the latest soap to have got axed with rumours swirling around that Generations: The Legacy could suffer a similar fate.
After SABC 2 had axed 7de Laan in 2023, the public broadcaster with no replacement in site aired repeats of Vetkoekpaleis with Muvhango airing from the 1st season. Should Generations: The Legacy take the fall consumers might expect a similar fate for this soap.
This would leave SABC 1 as the only channel to offer a long format series with Skeem Saam and Uzalo as Isidingo and The Estate got the boot on SABC 3 years back. Since then, the channel had undergone numerous restructures with no luck viewership wise.
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