Media24

Print media division of Naspers based in Cape Town, South Africa

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Media24

Company 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)
Raj Lalbahadur (CFO)[2]
Products| Newspapers, Magazines, Books, Logistics, Ecommerce, Digital, Television
Parent| Naspers
Website| www.media24.com

Media24 is a South African media company with interests in digital media and services, newspapers, magazines, ecommerce, book publishing, television, logistics and distribution. It is part of a multinational group of media and ecommerce platforms.

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

## Background

[edit]

### Welkom Yizani

[edit]

Welkom Yizani is a share scheme launched by Media24 in September 2006.[3] This scheme owns 15 percent of Media24, a subsidiary of Naspers Ltd. Media24 received R1.4 billion after the unbundling 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]

Shareholders of Welkom Yizani accepted Media24’s cash offer to buy out all the shares at a special general meeting held on 22 January 2021. The transaction has been concluded, Welkom Yizani was delisted from the Equity Express Securities Exchange (EESE) and the scheme has been unwound.

## Criticism

[edit]

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

[edit]

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

### Magazines

[edit]

* Baba & Kleuter
* Fairlady
* Huisgenoot
* Kuier
* Landbouweekblad
* Lose It
* Man Magnum
* SA Jagter
* SARIE
* SARIE Bruid
* SARIE Kos
* Tuis/Home
* TvPlus
* Weg!/go!
* Weg! Platteland/go! Platteland
* WegRY & Sleep / go! Drive & Camp
* YOU
* Your Baby & Pregnancy

### Newspapers

[edit]

* Beeld
* Bloemnuus/news
* Breederivier Gazette
* City Press
* City Vision
* Daily Sun
* Die Burger
* District Mail & Helderberg Gazette
* Eikestadnuus
* Express
* Hermanus Times
* Isolomzi Express
* Kouga Express
* Mid-Karoo Express
* Mthatha Express
* Noordkaap Express
* Paarl Post
* Rapport
* Son
* Swartland Gazette
* TygerBurger
* UD Express
* Vista
* Volksblad
* VrystaatKroon
* Weskus Nuus
* Weslander

### Online publications

[edit]

* News24
* Netwerk24
* Careers24
* Business Insider

### Books

[edit]

* NB Publishers
* Via Afrika
* Collegium
* Van Schaik Publishers
* Jonathan Ball Publishers[6]

## TV channels

[edit]

### VIA

[edit]

Main article: VIA (TV channel)

VIA is a 24-hour Afrikaans lifestyle channel.[7]

Via is available on MultiChoice's DStv platform on channel 147 since 9 November 2015.

### Honey

[edit]

Main article: Honey (TV channel)

Honey is a lifestyle TV channel. It has a mix from lifestyle to reality, food, and culture across the African continent.[8]

The channel was available on MultiChoice's DStv platform on channel 173 from 15 February 2021 until 31 October 2023.[9]

## See also

[edit]

* Naspers
* UpperCase Media
* List of newspapers in South Africa
* List of magazines in South Africa

## References

[edit]

1. ^ a b "About Media24". Media24. Retrieved 10 August 2016.
2. ^ "Management Team". Media24. Retrieved 10 August 2016.
3. ^ "Welkom Yizani - Media24.com". www.media24.com. Retrieved 27 February 2018.
4. ^ "Surprise bonus for Welkom Yizani shareholders". Fin24. Retrieved 27 February 2018.
5. ^ Aarti Bhana, "Media24 fined for price fixing", Moneyweb, 16 March 2018.
6. ^ Jonathan Ball Publishers website.
7. ^ Media24. VIA Retrieved 3 July 2021.
8. ^ Media24. HONEY Retrieved 3 July 2021.
9. ^ Ferreira, Thinus. "'Farewell to Honey TV': DStv confirms closure of the Pan-African lifestyle channel". Life. Retrieved 9 January 2024.

* v
* t
* e

Media24

Newspapers|

| National|

* Rapport
* Beeld
* City Press
* Daily Sun
* Die Burger
* The Witness
* Volksblad
* Son op Sondag

|

Local Sold Newspapers|

* Paarl Post [af]
* Hermanus Times
* District Mail
* Eikestadnuus
* Worcester Standard
* Weslander [af]

Local Free Newspapers|

* Uitenhage Despatch News
* PE Express
* Kouga Express
* Mthatha Express
* Queenstown Express

Magazines|

* Huisgenoot
* Drum
* YOU
* Weg!
* Sarie
* Fair Lady
* Tuis
* True Love Magazine
* Idees
* Men's Health (South African edition)
* Kuier
* Drive Out

Digital platforms|

* News24
* netwerk24

Authority control databases |

* VIAF

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