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

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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."

 

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