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.
In the magazine portfolio, the interventions include plans to:
Close Move! and the Hearst portfolio publications, which include Men’s Health, Women’s Health, Bicycling, Runner’s World.
Publish DRUM in digital format only.
Enter into a licensing agreement with editor Helen Schöer to publish the parenting titles (Baba & Kleuter and Your Pregnancy) independently.
Outsource the editorial production of the remaining monthly portfolio of Fairlady, SARIE, SA Hunter/Jagter, True Love, tuis | home, Weg! | go! and Weg! Ry & Sleep | go! Drive & Camp, as well as the fortnightly Kuier.
Reduce the frequency of the monthly magazines to six issues per year, and eight issues for tuis | home, SA Hunter/Jagter and Man Magnum.
In the group's newspaper portfolio, it intends to
Close Son op Sondag and Sunday Sun.
Close the Eastern Cape edition of Son.
Publish Volksblad and Die Burger Oos-Kaap as weekday digital editions only, available as complete PDFs on Netwerk24.
Close four community newspapers in KwaZulu-Natal: Amanzimtoti Fever, East Griqualand Fever, Hillcrest Fever and Maritzburg Fever.
Consolidate Noordkaap and Kalahari Bulletin into a single newspaper, Noordkaap Bulletin, and Kroonnuus and Vrystaat Nuus into Vrystaat Kroonnuus. At the same time, incorporating Theewaterskloof Gazette into Hermanus Times.
Accelerate the digital transition of The Witness.
Read more at fin24