Tiso Blackstar, the owner of various media assets including the Sunday Times, Business Day and the Financial Mail, is selling the rump of its business to Lebashe Investment Group for over R1-billion.
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South Africa’s highly competitive subscription video-on-demand (VOD) landscape has claimed its first victim. Less than a month after Netflix announced it was expanding to markets across the world, including South Africa, Times Media Group has shuttered Vidi
Times Media Group’s Vidi video-on-demand platform has been “struggling to gain traction in the market”, TMG parent Tiso Blackstar Group said this week. In notes alongside