Covid-19 lockdown: Sanef 'deeply concerned' by financial challenges facing media industry

  • 📰 IOL
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Covid-19 lockdown: Sanef 'deeply concerned' by financial challenges facing media industry | Day22ofLockdown

Durban - The South African National Editors' Forum said on Friday it was concerned about the increasing number of media houses facing drastic falls in earnings as a result of dwindling advertising due to the country's Covid-19 lockdown.

"We also note that the situation is affecting the company throughout the country, including its small-town newspaper operations, magazines, and Moneyweb." "Sanef believes that the importance of journalists and journalism in South Africa - and across the world - has never been stronger. Journalists are playing a critical frontline role in keeping the nation abreast of all developments around Covid-19. We know that audience figures have sharply risen as citizens constantly seek updates on the spread and containment of the disease."

"Sanef notes the significant attrition to posts – and cuts to salaries - over the years, which we believe has eroded quality journalism."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines