Inverstment - In Brief

Investment

- The South African Broadcasting Corporation (SABC) has applied for R6.9-billion in government funding over the next three years, according to the national treasury.

- TV channel broadcasting continued to drive growth for satellite operators in 2010, with over 29,000 TV channels distributed by satellite worldwide, according to Euroconsult. Growth in the number of channels broadcast was supported by 15 new satellite pay-TV platforms which were launched in emerging regions, for a total of 126 satellite TV platforms serving around 155 million subscribers worldwide.