n Without Prejudice - Too little, too late? : dealactivity
|Article Title||Too little, too late? : dealactivity|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Aug 2010|
|Pages||64 - 65|
The local media and publishing sector has seen advertising revenue dry up faster then a Guinness tap on St Patrick's Day. That's one effect of the global recession. And those media companies that haven't diversified much outside of the country's borders - and cling onto outdated business models - have been particularly hard hit. Avusa, owner of the Sunday Times and 50% shareholder of BDFM, is an unfortunate case in point.
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