Investor Presentaiton
The status quo of the South African broadcasting
industry
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The media industry as a whole has been going through difficult times of late
Stock prices of media companies on the JSE have been depressed, a number of
business failures have been reported and institutional investors seem reluctant to
invest further capital into the industry
Since re-regulation there have been a number of changes in ownership, sometimes
because assets were not delivering the returns anticipated. In fact, a recent survey
by PwC confirmed that the majority of media companies in South Africa were
destroying value
The public broadcaster has been going through a difficult financial period in the last
couple of years
The regulator has sometimes not been able to meet the turnaround times in
decisions called for by the marketplace
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