Executives at Nation Media Group (NMG) are planning to lay off several hundred of its more than 1,000 employees over the next week,...
Print accounted for 72% of NMG revenues for the year ended December 2021. Digital's contribution to NMG's bottomline has, however, been growing.
With the 2022 General Election around the corner, revenues from broadcast are also expected to surge.
NMG says it has been a difficult period for advertisers across the regions where it has a presence, complicated by the Covid-19 pandemic.