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MultiChoice South Africa Holdings Proprietary Limited
Integrated annual report 2018
Importance of this capital
to our business
Key risks linked to this capital
Intellectual
h
Our business revolves around the
acquisition and development of
content, patent, copyright and
trademark rights and industry and
market know-how
h
Infringement or non-compliance, theft, or misuse
of intellectual property (IP) rights (eg piracy, rebroadcasting
and plagiarism) resulting in impairment of IP, opportunity
cost, loss of market share and revenue, reputational
damage
h
Non-renewal of key content rights, both international and
local, may reduce the attractiveness of the offering to
existing and potential customers
h
Sporting rights are becoming increasingly expensive,
putting pressure on margins
h
Reputational and financial risk where local productions
are not adequately managed
h
Loss of influential experts whom we use as on-air talent
Human
h
Employees are essential to our
business as employee skills and
experience are needed to drive
our business forward
h
Lack of attraction and retention
(including poaching) of talent to execute strategy
h
Lack of ability and skills to execute strategy
h
Non-compliance with applicable health and safety, labour
and economic empowerment laws
h
Unfair treatment of employees and inadequate
development of employees
h
Inability to produce the most-relevant and top-performing
local content due to poaching of staff by competitors
h
Inability to retain services of the best producers
h
Intellectual property loss or violation
Risk management report
(continued)
Review
(continued)