JOHANNESBURG – South African media firm Johnnic Communications has rejigged management as it focuses on expanding its media and entertainment business after selling its stake in pay-TV channels M-Net and Supersport.
Johncom said in a statement yesterday the restructuring would help the company sharpen its focus as it expands its core media and entertainment business. The firm said last year it was selling its stake in M-Net and Supersport to Naspers.Johncom said it had grouped its Nu Metro cinema chain, Nu Metro distribution and Nu Metro home entertainment units into an entertainment division headed by Fay Amaral.The company’s Africa business has been combined with the retail unit, headed by Fred Withers.Distribution has been combined with books and maps under Brian Wootton and manufacturing has been merged with the music division.Johncom’s media division, which publishes a host of magazines and newspapers including top-selling weekly The Sunday Times, will remain unchanged, headed by Mike Robertson.The restructuring will take effect from October 1, Johncom said in a statement.Nampa-ReutersThe firm said last year it was selling its stake in M-Net and Supersport to Naspers.Johncom said it had grouped its Nu Metro cinema chain, Nu Metro distribution and Nu Metro home entertainment units into an entertainment division headed by Fay Amaral.The company’s Africa business has been combined with the retail unit, headed by Fred Withers.Distribution has been combined with books and maps under Brian Wootton and manufacturing has been merged with the music division.Johncom’s media division, which publishes a host of magazines and newspapers including top-selling weekly The Sunday Times, will remain unchanged, headed by Mike Robertson.The restructuring will take effect from October 1, Johncom said in a statement.Nampa-Reuters
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