South African media industry faces worst crisis ever, says new report

South Africa’s media industry is facing its worst crisis ever with the COVID-19 pandemic having accelerated job losses, the closure of print publications and the looming threat of widespread retrenchments, according to a new report. For many years, South Africa’s news industry, particularly the print media, has bucked international trends by managing to stay afloat by claiming a slice of an ever reducing pie of advertising revenue.

However, the COVID-19 pandemic has “effectively taken that pie away and what is left is a news industry desperately looking for new ways of sustaining itself…

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About Author: integral
A free-thinking individual who strives to maintain psychological balance between the two polar aspects of Human Nature; Desire and Conscience. However, These conditions can never be balanced because inertia will carry us to extremes. Balance is a constant struggle therefore I live by the principles of the HERU Interface