KUALA LUMPUR, May 15 — Mainstream media companies in the country are advised to consider creating a new business model to ensure the continuity of their operations in line with the challenges of digitalisation that are threatening the industry to some extent.
“...we accept the fact that this industry is under an extraordinary state of siege. This means that the existing business model or system is sometimes not sustainable, media companies are now starting to feel they need to diversify to ensure sustainability. “Media companies need to ensure that their employees get the best welfare and we do not deny that and it can be negotiated. But what really worries me is that in recent years, hundreds and even thousands of media workers have lost their jobs,” he said.
Johan also suggested that any act or legislation that was seen or interpreted as restricting media freedom should be re-evaluated to ensure that it was appropriate and relevant in today’s times.