Media24
| File:Media24 Logo.png | |
| Type | Subsidiary |
|---|---|
| Industry | Print Media |
| Founded | December 18, 1914 (establishment of Naspers) August 1, 2000 (establishment of Media24) |
| Headquarters | |
Area served | South Africa |
Key people | Ishmet Davidson (CEO) Mobasheer Patel (CFO)[2] |
| Products | Newspapers, Magazines, Books, Logistics, Ecommerce, Digital |
| Parent | Naspers |
| Website | www |
Media24 is the print media division of the South African media company Naspers. It controls Naspers' newspaper and magazine Southern African publishing and printing activities, including Internet publishing of the 24.com collection of web portals. Media24 is Africa's largest publisher, printer, and distributor of magazines and related products, as well its largest newspaper publisher.
The company is headquartered in the Media24 Centre, in Foreshore, Cape Town.[1]
Background
Welkom Yizani
Welkom Yizani is a black empowerment share scheme launched by Media24 in September 2006.[3] This scheme owns 15 percent of Media24, a subsidiary of Naspers Ltd. Media24 received R1.4 billion after the unbundeling of Novus Holdings in 2017. At the Media24/Welkom Yizani annual general meeting it was announced that shareholders will receive a special cash dividend of not less than R14.79 per Welkom Yizani ordinary share. In addition, the board declared an ordinary dividend of 42.5 cents per share.[4]
Criticism
16 March 2018 Media24 agreed to pay R14 million as a settlement agreement with the Competition Commission after admitting to price fixing and fixing of trade conditions in the media industry.[5]
Publications
Magazines
- Huisgenoot
- Drum
- YOU
- Weg!
- Sarie
- Fair Lady
- Tuis
- True Love Magazine
- Women's Health (South African edition)
- Men's Health (South African edition)
- Kuier
Newspapers
Online Publications
Local sold newspapers
Local free newspapers
- Uitenhage Despatch News
- PE Express
- Kouga Express
- Umthatha Express
- Queenstown Express
- Tygerburger
- People's Post
Books
- NB Publishers
- Via Afrika
- Collegium
- Van Schaik Publishers
- Jonathan Ball Publishers[6]
TV channels
VIA
VIA is a 24-hour Afrikaans lifestyle channel that celebrates ordinary people and the world they inhabit. Its wide selection of original programmes – from food shows to true-life dramas and nail-biting reality entertainment – is the reason why VIA is the first choice in lifestyle television in numerous households.[7]
Via is available on MultiChoice's DStv platform on channel 147 since 9 November 2015.
Honey
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Honey is a bold and unscripted lifestyle TV channel created and connected for Africans. It has a mix from lifestyle to reality, food, and culture across the African Continent.[8]
The channel is available on MultiChoice's DStv platform on channel 173 since 15 February 2021.
See also
References
- ^ a b "About Media24". Media24. Retrieved 10 August 2016.
- ^ "Management Team". Media24. Retrieved 10 August 2016.
- ^ "Welkom Yizani - Media24.com". www.media24.com. Retrieved 27 February 2018.
- ^ "Surprise bonus for Welkom Yizani shareholders". Fin24. Retrieved 27 February 2018.
- ^ Aarti Bhana, "Media24 fined for price fixing", Moneyweb, 16 March 2018.
- ^ Jonathan Ball Publishers website.
- ^ Media24. VIA Retrieved 3 July 2021.
- ^ Media24. HONEY Retrieved 3 July 2021.