Media24 to Close Down Publications, Job-Shedding Imminent

Media24 to Close Down Publications, Job-Shedding Imminent

  • Naspers-owned Media24 might close down five of its print publications, some of which will be migrating to digital
  • The company is considering closing down major newspapers like City Press, Daily Sun and Beeld, amongst others
  • South Africans had various views about the potential closing of the companies, and some believed print publications must evolve with the times

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Tebogo Mokwena, a dedicated Briefly News current affairs journalist, contributed coverage of international and local social issues like health, corruption, education, service delivery protests and heritage in South Africa during his seven years at Daily Sun and Vutivi Business News.

Medis24 could close down five of its publications
About 400 people could lose their jobs if Media24 closes five of its publications down. Image: Graeme Williams/Bloomberg via Getty Images
Source: Getty Images

JOHANNESBURG— Media giant Media24 announced it might close five flagship print newspapers and migrate some of them into digital news platforms. Many urged the company to keep up with the times.

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Media24 to shut publications down

According to TimesLIVE, Media24 may shut down the City Press, Daily Sun, Beeld, Rapport, and Soccer Laduma newspapers and the SNL24, Volksblad, and Die Burger's digital editions, resulting in the loss of 400 jobs. The company is also considering restructuring and evolving Rapport and City Press into online platforms and the Daily Sun brand as a standalone news site.

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The company's CEO, Ishmet Davidson, said the company is projected to lose R200 million in the next three years and that print media has been suffering globally as the prevalence of digital publications has seen a decline in newspaper circulation.

South Africans have different views on Media24

South Africans on Facebook commented variously on Media24's role in covering political leaders, its legacy, and its future.

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Dominique McGee said:

"Media24 played a huge role in brainwashing our people about some of our political leaders, so as much as I once worked for them, I say it's good riddance. They must find another way to peddle their propaganda."

King-Tosh Ngwenya said:

"As a journalism graduate, seeing print media being outdated cuts deep. 4IR has disrupted the uniqueness of the press. People can freely access news and crucial stories on social media."

Clementine Malatji said:

"They should evolve with technology."

Sandile Mlangeni said:

"Tech evolution comes with both the good and the bad. Very soon, libraries might be closed."

Thabang Filix said:

"Technology has evolved, and people are adopting it. Few buy newspapers nowadays."

Gaahele Mokgoro said:

"My suggestion is to follow the trend and give people the news in a short video format."

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Source: Briefly News

Authors:
Tebogo Mokwena avatar

Tebogo Mokwena (Current Affairs editor) Tebogo Mokwena is a Current Affairs Editor at Briefly News. He has a Diploma in Journalism from ALISON. He joined Daily Sun, where he worked for 4 years covering politics, crime, entertainment, current affairs, policy, governance and art. He was also a sub-editor and journalist for Capricorn Post before joining Vutivi Business News in 2020, where he covered small business news policy and governance, analysis and profiles. He joined Briefly News in 2023. Tebogo passed a set of trainings by Google News Initiative Email: tebogo.mokwena@briefly.co.za

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