I have been advised by the SA Broadcasting Corporation as follows:
1. (a) (b) (c) A list of 78 titles have been licenced to Kyknet, as detailed in the attached spreadsheet and the fees received for all titles licenced is included therein. It further indicates the profit share where applicable.
2.
(a) Contracts for licensed content from 2014-2018 have been honoured in line with the applicable SOP. Content contracts for 1996 – 2014 are still to be processed. The date is to be determined.
(b) Profit / commercial exploitation payments for licensed content from 2014-2018 have been made. Payments for the years 1996- 2014 are still to be processed and the date thereof to be determined.
3. The SABC does not pay interests on late payment of commercial exploitation fees. Payment of interest must be negotiated with the SABC.
MS. STELLA NDABENI-ABRAHAMS, MP
MINISTER