Top Qs
Timeline
Chat
Perspective
Media24
Print media division of Naspers based in Cape Town, South Africa From Wikipedia, the free encyclopedia
Remove ads
Media24 is a South African mass media company with interests in digital media and services, newspapers, magazines, ecommerce, publishing, television, logistics, and distribution.
 |
Established in 2000, and owned by Naspers, the company is headquartered in the Media24 Centre, in the Foreshore, Cape Town.[1]
Remove ads
Background
Welkom Yizani
Welkom Yizani is a 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 unbundling 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]
Shareholders of Welkom Yizani accepted Media24’s cash offer to buy out all the shares at a special general meeting held on 22 January 2021. The transaction has been concluded, Welkom Yizani was delisted from the Equity Express Securities Exchange (EESE) and the scheme has been unwound.[citation needed]
Remove ads
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
Media24 publishes across assorted mediums, under a wide variety of names, including:
Magazines
- Baba & Kleuter
- Fairlady
- Huisgenoot
- Kuier
- Landbouweekblad
- Lose It
- Man Magnum
- SA Jagter
- SARIE, SARIE Bruid, and SARIE Kos
- Tuis/Home
- TvPlus
- Weg!/go!, Weg! Platteland/go! Platteland, and WegRY & Sleep / go! Drive & Camp
- YOU
- Your Baby & Pregnancy
Newspapers
- Beeld
- Bloemnuus/news
- Breederivier Gazette
- City Press
- City Vision
- Daily Sun
- Die Burger
- District Mail & Helderberg Gazette
- Eikestadnuus
- Express
- Hermanus Times
- Isolomzi Express
- Kouga Express
- Mid-Karoo Express
- Mthatha Express
- Noordkaap Express
- Paarl Post
- Rapport
- Son
- Swartland Gazette
- TygerBurger
- UD Express
- Vista
- Volksblad
- VrystaatKroon
- Weskus Nuus
- Weslander
Online publications
- News24, Netwerk24, and Careers24
- Business Insider
Books
- NB Publishers
- Via Afrika
- Collegium
- Van Schaik Publishers
- Jonathan Ball Publishers[6]
TV channels
VIA
VIA is a 24-hour Afrikaans lifestyle channel.[7]
Via is available on MultiChoice's DStv platform on channel 147 since 9 November 2015.
Honey
.png){kind=logo}
Honey is a lifestyle TV channel. It has a mix from lifestyle to reality, food, and culture across the African continent.[8]
The channel was available on MultiChoice's DStv platform on channel 173 from 15 February 2021 until 31 October 2023.[9]
See also
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads