The right thing to do
In 2014, Multichoice had revenues of R27.5 bn and over 5 million subscribers. By comparison, gross TV Licence fees collected by the SABC in the 2013/14 financial year were R927.9 million. Assuming 80% paid full licenses (R265 per annum) and 20% got concessions (R74 per annum) the total number of households paying their TV licenses (assuming one household one tv) was just under 4.1 million (SABC Annual Report, http://bit.ly/1wpxUeg)
This week’s theme: DStv
Tom
Tom