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News24 owner's revenue slumps as IOL bets big on growth

As Media24's revenue falls 28% amid restructuring, rival digital publisher IOL is investing R200 million to expand newsrooms and chase market leadership.

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businessday.co.za

iol.co.za

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iol.co.zaStai leggendo2 mesi fa

News24 owner's revenue slumps as IOL bets big on growth

As Media24's revenue falls 28% amid restructuring, rival digital publisher IOL is investing R200 million to expand newsrooms and chase market leadership.

originale

businessday.co.za2 mesi fa

Media24’s losses widen by 60% despite cutting jobs in 2024

Media24's revenue for the full year fell 28%, from $141m to $102m.

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Timeline cronologica

lunedì 29 giugno 2026·businessday.co.za
Media24’s losses widen by 60% despite cutting jobs in 2024
Media24's revenue for the full year fell 28%, from $141m to $102m.
martedì 30 giugno 2026·iol.co.za
News24 owner's revenue slumps as IOL bets big on growth
As Media24's revenue falls 28% amid restructuring, rival digital publisher IOL is investing R200 million to expand newsrooms and chase market leadership.