Monday, July 30, 2007

Johncom rejigs management after M-Net sale

(Reuters) - South African media firm Johnnic Communications has rejigged management as it focuses on expanding its media and entertainment business after selling its stake in pay-TV channels M-Net and Supersport.

Johncom said in a statement on Monday the restructuring would help the company sharpen its focus as it expands its core media and entertainment business. The firm said last year it was selling its stake in M-Net and Supersport to Naspers.


Read more at Reuters Africa

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