Browsing: TMG

Caxton and CTP Publishers has sold its entire shareholding in the Times Media Group to the Blackstar Group, it was reported on Tuesday. The sale was announced on Monday by TMG. This brings Blackstar’s holding in TMG to 32,3% of the

The Movement for Transformation in Media in South Africa called for a probe on Monday into the transformation of Times Media Group. “We have seen a concerted effort by the largely white-owned and -run media houses, in this case specifically the TMG, to discredit black business

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

Independent Newspapers boss Iqbal Survé on Thursday accused rival Times Media Group of a “dirty tricks” campaign to rob his group of revenue and readers, after laying criminal charges against one of its editors and a reporter. Sekunjalo Investments, which Survé chairs, brought the charges

Times Media Group is selling its controlling 51% stake in MAP Integration Technologies (MapIT) to TomTom Africa for R37,5m, the media and entertainment group said on Friday. TomTom already held 49% of MapIT’s equity. Times Media, which publishes newspapers such as the

The department of communications has asked Times Media Group’s public editor to look into alleged unethical conduct by Sunday Times editor Phylicia Oppelt. The editor should also look into Oppelt’s “personal attack” on communications minister Dina Pule, her spokesman, Wisani Ngobeni, City Press editor Ferial

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