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BusinessLive reports that Media24 has announced it is ending its publishing arrangement with global internet media brand, HuffPost.
In a statement on its website, HuffPost SA said: "Today Media24 and HuffPost announce plans to mutually end its SA licence." The company said it was a routine decision and was being made despite "strong" audience numbers because advertising revenues were "challenging". Esmaré Weideman, CEO of Media24, said: "We regularly review our portfolio of brands. The HuffPost SA audience numbers are strong and consistently hold steady on the list of top-10 news sites in SA. HuffPost SA was an important new voice in South African journalism and attracted a fresh new audience. Advertising revenues for HuffPost in SA have, however, been challenging.” The statement said staff members were "being consulted".
- This short report is at BusinessLive
- Read too, Is HuffPost SA no more?, at The Citizen
Get other news reports at the SA Labour News home page