CAPE TOWN – The media industry has come under severe financial distress through the Covid-19 pandemic and South African National Editors Forum has commissioned research to hopefully render funding solutions, including possibly a media industry relief fund.
If something was not done urgently, the production of quality news might reduce, more media industry jobs might be lost, and more media companies might close, she said. Many advertisers had stopped advertising through the lockdown, and the effective closure of the events industry also had a severe impact on media companies, which had already been under financial strain before the lockdown.
Then, last week, Associated Media Publishing announced its closure – the company published famous brands including Cosmopolitan, House & Leisure, Good Housekeeping and Women on Wheels.
Best news ever... we have too many sycophantic “ journalists “ who think they are ANC propaganda.. cannot wait for IOL to fail