Media24













































Media24
Type
 Subsidiary
Industry Print Media
Founded December 18, 1914 (establishment of Naspers) August 1, 2000 (establishment of Media24)
Headquarters

Cape Town, South Africa[1]
Area served
 South Africa
Key people
 Ishmet Davidson (CEO)
Mobasheer Patel (CFO)[2]
Products Newspapers, Magazines, Books, Logistics, Ecommerce, Digital
Parent Naspers
Website www.media24.com

Media24 is the print media arm of the South African media company Naspers. It controls Naspers' newspaper and magazine Southern African publishing as well as printing activities but also includes the internet activities of the 24.com collection of web portals. Media24 is Africa's largest publisher, printer, and distributor of magazines and related products, as well its largest newspaper publisher.


The company is housed in the Media24 Centre in the Foreshore in Cape Town.[1]


Media24 is South Africa’s leading media company with interests in digital media and services, newspapers, magazines, ecommerce, book publishing, print and distribution. It is part of Naspers, a multinational group of media and ecommerce platforms.


The company is housed in the Media24 Centre in the Foreshore in Cape Town.[1]




Contents






  • 1 Welkom Yizani


  • 2 Criticism


  • 3 Publications


    • 3.1 Magazines


    • 3.2 Newspapers


    • 3.3 Local Sold Newspapers


    • 3.4 Local Free Newspapers


    • 3.5 Books




  • 4 See also


  • 5 External links


  • 6 References





Welkom Yizani


Welkom Yizani is a black empowerment share scheme launched by Media24 in September 2006.[3] This scheme owns 15% of Media24, a subsidiary of Naspers Ltd. Media24 received R1.4 billion after the unbundeling of Novus Holdings in 2017. At the Media24/Welkom Yizani annual general meeting it was announced that shareholders will receive a special cash dividend of not less than R14.79 per Welkom Yizani ordinary share. In addition, the board declared an ordinary dividend of 42.5 cents per share.[4]



Criticism


16 March 2018 Media24 agreed to pay R14 million as a settlement agreement with the Competition Commission after admitting to price fixing and fixing of trade conditions in the media industry.[5]



Publications




The new façade of the Media24 Centre (previously named the Naspers building) in Cape Town, 2015



Magazines



  • Huisgenoot

  • Drum

  • YOU

  • Weg!

  • Sarie

  • Fair Lady

  • Tuis

  • True Love Magazine


  • Women’s Health (South African edition)


  • Men's Health (South African edition)

  • Kuier



Newspapers



  • Rapport

  • Beeld

  • City Press

  • Daily Sun

  • Die Burger

  • The Witness

  • Volksblad

  • Son op Sondag



Local Sold Newspapers



  • Paarl Post

  • Hermanus Times

  • District Mail

  • Eikestadnuus

  • Worcester Standard

  • Weslander



Local Free Newspapers



  • Uitenhage Despatch News

  • PE Express

  • Kouga Express

  • Unthatha Express

  • Queenstown Express



Books



  • NB Publishers

  • Via Afrika

  • Collegium

  • Van Schaik Publishers

  • Jonathan Ball Publishers



See also



  • Naspers

  • News24

  • List of newspapers in South Africa

  • List of magazines in South Africa



External links



  • Official homepage

  • Media24 archives

  • Welkom Yizane trading platform



References




  1. ^ abc "About Media24". Media24. Retrieved 2016-08-10..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "Management Team". Media24. Retrieved 2016-08-10.


  3. ^ "Welkom Yizani - Media24.com". www.media24.com. Retrieved 2018-02-27.


  4. ^ "Surprise bonus for Welkom Yizani shareholders". Fin24. Retrieved 2018-02-27.


  5. ^ https://www.moneyweb.co.za/news/companies-and-deals/media-24-admitted-to-price-fixing/



















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