by Herman Manson. It’s been a tough year for TMG’s news print operations, yet it’s managed to maintain its revenue share.
Tag archives: Times Media Group
Grubstreet: The Rand Daily Mail brand revived
by Gill Moodie (@grubstreetSA) The news that Times Media Group has brought back the famous Rand Daily Mail brand after almost 30 years is fascinating – and not because of the goodwill and nostalgia associated with the brand, but because the new RDM will be as far as you can get from the old on every level.
Times Media buys out Pearson stake in BDFM
by Herman Manson (@marklives) Times Media Group (TMG) has announced that Avusa Publishing, a subsidiary of TMG, has reached an agreement with Pearson to acquire Pearson’s 50% shareholding in BDFM Publishers.
BDFM publishes Business Day and the Financial Mail and owns African Broadcasting Channel which broadcasts Summit, the Home Channel, Ignition and Saffron on DSTV in Southern Africa.
“The full acquisition of BDFM by TMG will allow for economies of scale, an integrated operations platform and operational synergies, and will permit BDFM, under unified ownership, to accelerate its digital transformation,” TMG said in an announcement on the JSE news service SENS.