Fundudzi Media buys Sunday World
Fundudzi Media has acquired Sunday World from Tiso Blackstar, effective 30 June 2019. The conclusion of the sale agreement ensures that the tabloid newspaper will continue to remain part of the South African media landscape.
Comments David Mabilu, Fundudzi Media owner, “We are excited about this great opportunity to play a role in shaping the future of the media landscape in South Africa, and to contribute towards the diversity of ownership, voices and perspectives which are important to our constitutional democracy. We plan to maintain the highest standards of quality and ethical journalism.”
Mabilu’s plans include appointing an editor “to take the title to the next level”, according to a press statement. “The paper’s readers and the public at large can look forward to more entertaining content, and robust, quality journalism that is ethical, fair and balanced. We would like to assure our readers that their Sunday mornings will never be the same again. We would also like to thank Tiso Blackstar for entrusting us with the future of this great asset.”
While affected Sunday World employees will be transferred to Fundudzi Media, the paper will continue to operate from Tiso Blackstar’s premises during the transition period, Andy Gill, Tiso Blackstar managing director, has confirmed.