Media24 reverses retrenchment decision, retains 66 journalists for digital platforms.
South Africa's Media24 has reversed its decision to retrench journalists from Beeld newspaper and four other print editions: City Press, Daily Sun, and Rapport. The company will retain 66 journalists and incorporate them into digital platforms Netwerk24, News24, and Daily Sun's website instead. Beeld newspaper is no longer for sale, and Media24 awaits approval from the Competition Commission for any further restructuring or closures, with a decision expected by October 2024.
July 31, 2024
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