Me­dia world

Finweek English Edition - - INSIGHT - Tandisizwe Mahlutshana and Marc Ash­ton

ness Day

Busi- in­vest in com­mer­cially vi­able projects the roll-out of ra­dio sta­tion Power FM, that de­liver both f inan­cial and so­cial set to go live on 18 June 2013. re­turns. Khu­malo made the in­ter­est­ing point

“In ad­di­tion, we seek to pro­mote t hat South Africans have be­come bl ac k eco­nomic em­pow­er­ment t o ob­sessed with the idea of “black me­dia” in­crease eco­nomic par­tic­i­pa­tion by the and “white me­dia” and have for­got­ten ma­jor­ity in the main­stream econ­omy,” that the role of me­dia is to pro­vide the he told the national pa­per. au­di­ence with qual­ity de­bate and pro

The GEPF also owns a 19% stake in v i de a pl at f or m f or v i e ws t o be Busi­ness Day’s hold­ing com­pany, Times ex­changed. Me­dia Group, and 13% in Naspers. Khu­malo pointed out that this next Fas­ci­nat­ingly, it seems that this has not gen­er­a­tion of me­dia own­ers will prowar­ranted a men­tion in the on­go­ing vide op­por­tu­ni­ties for lo­cal mu­si­cians de­bate on me­dia own­er­ship. and thought lead­ers to get their voices There was an an­gry – i f you out to size­able au­di­ences. at t ach emo­tions to Twit­ter – Me­dia is a unique in­dus­try in South ex­change of t weets bet ween Africa as much of its con­trol re­mains Iqbal Sur vé, chair­per­son of con­cen­trated in a hand­ful of large corSekun­jalo In­vest­ment Hold­po­rates. It is one that can add ca­pac­ity ings, and B u s i n e s s Day be­cause it has low bar­ri­ers to en­try and pub­lisher and edi­tor-i n- chief read­ers, l i sten­ers and v i ew­ers can Peter Bruce. Survé im­plied that change on a whim. If you can at­tract an sup­posed white me­dia own­ers en­gaged au­di­ence, the money will folf elt t hreat­ened by a “bl ack­low.” owner for the In­de­pen­dent Group. Ear­lier this week, Fin­week had the chance to sit down with up-and­com­ing me­dia player Andile Khu­malo, who as part MSG Africa In­vest­ment Hold i ng s has been carv­ing out a niche i n SA me­dia, which in­cludes

hile the fact-f in­d­ing de­bate rages on – right­fully so – it is im­por­tant to com­mit to mem­ory that the in­tegrity of a me­dia or­gan­i­sa­tion l ies not i n its com­mer­cial man­age­ment struc­ture but at edi­to­rial level, where news con­tent is cre­ated. The abil­ity to do that with­out man­age­ment’s dabbling is what sets such or­gan­i­sa­tions apart. The ul­ti­mate mea­sure of me­dia im­par­tial­ity is to be prophets of the truth. tan­di­s­izwem@fin­


Dr Iqbal Survé

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