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Nation Media Group FY 2015 down 9%
moneydust
#41 Posted : Thursday, June 30, 2016 6:41:33 PM
Rank: Member


Joined: 1/31/2007
Posts: 304
Pesa Nane wrote:
DBLyon wrote:
Ericsson wrote:
Paradigm shift is needed in the economy otherwise some companies will wind up.
NMG is trying to stay afloat after making crazy decisions in the past years


What crazy decisions, Ericsson? Spending a pretty penny on printing press while we should be running away from print, rationalizing everything else other than print which should be the main target, establishing QTV to target the 'wazee' and then having crazy music videos all day, fighting digital migration instead of embracing and benefitting as an early innovator, fighting establishments in the theatres they operate,....... on and on

On paradigm shifts, agreed. I like to see companies that look like they are getting with the programme after surveying the environment. Very Okay This digital strategy thing shows some thought towards not becoming rapidly irrelevant. How many people read hard copy newspapers these days? The number is rapidly diminishing. Surprise, Surprise. Not only have they recently invested heavily, the print division has not been rationalized, nor merged, nor down scaled.... crazy


The CEO and team did not see this coming and therefore can not claim to charter the way forward. They need to step aside.
And for argument sake, I dare say radio is a frontier that will only grow. Wrong move NMG.


Radio bit is a bit crazy for me.Pushing radio online does not make sense.How many people listen to radio online?..You must have unlimited internet for this.Besides I think many people listen to radio in their cars and homes where internet may not be readily available.Clearly they have lost the plot here..BAD BAD BAD IDEA..
murchr
#42 Posted : Thursday, June 30, 2016 7:29:53 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Not all is lost

Ratings Q1 2016 UG



KE
My bet is going forward K24 would have taken their spot.


I dont see nation here
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
kimanimsc
#43 Posted : Thursday, August 25, 2016 5:00:43 PM
Rank: Member


Joined: 5/4/2015
Posts: 241
Location: Kahno
Partnerng with Star TV, Njata TV and Lolwe TV
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