Media24 Risk Report

🛡️ Financial & Liquidity

Media24 is navigating a challenging financial landscape with significant restructuring efforts and losses. The company has been dealing with financial risks stemming from restructuring and layoffs, combined with the pressure of transitioning from print to digital. This backdrop is compounded by acquisitions and mergers that impact its financial stability.

• Media24 reported a full-year loss due to restructuring activities 🗓 July 8, 2025.
• The company plans to cut 400 jobs as part of a restructuring process 🗓 June 18, 2024.
• Media24 continues with newspaper closures after receiving approval from the competition commission 🗓 October 31, 2024.
• Media24's CEO cited the company's challenging position due to significant operational shifts 🗓 July 8, 2025.

⚖️ Legal & Regulatory

The legal landscape for Media24 is complex, with past and ongoing challenges involving mergers, distributions, and the fallout from legal actions against former executives. These events place a continuous emphasis on regulatory compliance and legal risk management.

• An urgent bid to halt Media24's deal with Novus was dismissed 🗓 January 14, 2025.
• Media24 launched legal action against two women for copyright violations 🗓 December 12, 2023.
• Media24 successfully interdicts two women from illegally distributing its publications 🗓 February 14, 2024.

👥 Labor & Workforce

The labor and workforce conditions at Media24 have been influenced by substantial restructuring and layoffs. The company has been reducing its print-related workforce, affecting hundreds of employees, while trying to retain critical journalistic talent for its digital transition.

• Media24 announced the layoff of up to 400 employees as they transition operations 🗓 June 18, 2024.
• The company engaged in significant layoffs following the decision to phase out numerous newspapers 🗓 June 13, 2024.
• Media24 initiated an S189 process, confirming a strategic workforce reduction 🗓 July 12, 2024.

🏗️ Operational & Business Continuity

Media24's operational strategy is undergoing significant transformation, shifting from traditional print media to a more digital-focused model. However, this transition has posed operational risks, impacting core business functions and continuity.

• Media24 confirmed its move to digital-first newspapers, aligning with broader industry trends 🗓 June 18, 2024.
• The company faced operational risks tied to the closure of iconic South African newspapers 🗓 June 13, 2024.

📜 Innovation & R&D

Media24 is focusing on innovative solutions amidst a challenging market environment. The company has instituted several new projects to bolster its content delivery and advertising strategies, leveraging technology to minimize reliance on traditional cookie-based tracking.

• Media24 launched MATCH24 to deliver relevant ads without cookies, representing a shift in their digital ad strategy 🗓 June 4, 2025.

🏅 Awards & Recognition

There is no data in the provided information to support any awards or recognition category for Media24 at this time.