GUPTAS COULD LOSE MILLIONS FOR CANNING JLO

UNLESS JLo agrees to postponement of the Gupta soiree, then the Guptas could lose the millions used to reserve the singer.

Yesterday Gupta owned channel ANN7 yesterday announced that they are postponing the South African of the Year Awards which were to honour locals who have done well each year. 

This was to be their third awards where names such as DJ Black Coffee, sports stars Caster Semenya and Wayde van Niekerk were some of the people the audiences of that channel could vote for.

"ANN7 announces that the South African of the Year (SATY) Awards 2016 will be postponed until 2017. A new date will be announced in due course. The postponement is due to unforeseen regulatory circumstances that have materially impacted on logistics for the event. Regretfully this has left us with no choice but to seek a new date in the near future. We look forward to confirming a rescheduled date," read the short statement.

The awards which were to happen on November 25, with Bonang Matheba, Jonathan Boynton-Lee and Jeannie D as their hosts had also booked Blurred Lines crooner Robin Thicke as part of their lineup.

Concert promoter Mike Fuller of Famous Concerts, said he wasn't sure if the channel had secured the Jennie from the Block singer but mentioned that "on the norm if the cancellation is from the organiser they stand to lose their fees".

"If the local people cancel and there is no legitimate reason, then you forfeit the money. They require that payments are made in advance because that is for them to set that date aside for your event and if you don't honour it then you forfeit the money.

"Jennifer Lopez costs a lot of money she is one of the top earning female performers according to Forbes alongside Taylor Swift, Adele and Beyonce and she is a triple effect as she acts, dances and sings, so she is rather pricey," said Fuller.  - article was published in The Times (09/11/2016)