Times Media Group has acquired a controlling 60% stake in a KwaZulu-Natal based radio station called Vuma FM. The acquisition comes just a month after it snapped up 65% of Mpumalanga station Mpower FM. The deal is worth R25,6m and Times Media has agreed to provide additional working capital to Vuma
Browsing: Exclusive Books
Times Media Group has continued shedding assets and streamlining its operations, on Monday announcing that it has reached an agreement to sell Nu Metro, South Africa’s second largest cinema chain after Ster-Kinekor, to private equity firm One Fifty Capital
Times Media Group has continued offloading assets it deems noncore, reaching an agreement to sell Exclusive Books and Van Schaik Bookstores to a consortium led by Medu Capital for a deal worth R435m. Both companies were identified
Times Media Group, the publishing, music and retail group formerly known as Avusa, has said it intends acquiring the 50% stake in the loss-making BDFM it does not own. Times Media, which owns the Sunday Times, Exclusive Books, Nu Metro and Gallo Music, is buying the stake
Exclusive Books has launched a social service for its online store called “stickers”, which encourages customers to rate and share items in the company’s digital store and mark items they want, which can then become eligible for a group discount, earning them individual discounts in the process
Avusa CEO Prakash Desai has resigned, the company said on Wednesday. Desai stepped down on Monday and MD of media, Michael Robertson, would act in his place, the Avusa board said in an online statement. Avusa is one of SA’s largest media houses, and publishes
Online retailer, Naspers-owned Kalahari.net, has pipped rival, Avusa subsidiary Exclusive Books, to the post to be the first SA company…
Two first-timers join the ZA Tech Show panel this week: stand-up comedian and co-founder of Thunk! Perspective Lab, Don Packett,…
Electronic book readers, such as Amazon.com’s Kindle and Apple’s upcoming iPad, won’t kill physical book stores. But that doesn’t mean…