Independent News and Media (INM), the Irish publishing group, has sold its South African unit, Independent Newspapers SA to Sekunjalo Independent Consortium, owned by philanthropist Iqbal Surve, for a cool R2 billion. This after the group announced in July of last year it had appointed advisers to look into the various options for the South African unit. The Irish […]
But it’s not that bad. South African daily newspaper circulation has been declining by roughly five per cent year on year since 2008, and the second quarter of 2012 has proven this is still happening, but not as badly as some may have thought. There have been a few publications that have bucked the trend.
It emerged overnight that three Independent Newspapers executives will sue Noseweek in the Western Cape High Court, claiming a collective R1 million for defamation.
The Sekunjalo Consortium has made a multi-billion rand bid to buy Independent Newspapers, but they might want to knock off R1 million from that bid for the “kickback” Independent took from Auction Alliance last year.
If there is one typo you never, ever want to make, it’s typing Nelson Mandela’s name incorrectly. On his birthday. What makes this more than astounding, is that the production of a banner like that typically goes from copywriter, to designer, to management sign-off, to campaign management, and then it would go live. And not a single […]
The debate over whether Independent Newspapers took a money-received “discount” from Auction Alliance as part of a property auction last year left the media as quickly as it entered it.
Independent News and Media, the country’s largest newspaper group, may be up for sale. Of course, the first question that gets raised when these kind of things happen, which they don’t really, is are there politically connected buyers lining up to bid for the group?
Wow, I don’t know if you have the latest issue of Noseweek handy, but there is a very spicy story inside. They (Noseweek) are claiming that Independent Newspapers hid a story from publication, because Auction Alliance had power over them, due to a kickback they (Argus – Independent Newspapers) had received. Here is an excerpt: […]