Media24 considers closing 5 magazines, 2 newspapers, as covid-19 slashes circulation

Media24 has announced it will start consultations with staff about the possible closure of five magazines and two newspapers as well as outsourcing and reducing the frequency of its remaining monthly magazines, among other interventions, as the Covid-19 pandemic cuts into advertising and circulation.

The publisher will also consider taking two newspapers digital only and reducing staff in related support services.

Guest: Ishmet Davidson - Ceo of media 24