BREAKING NEWS: In summary, Hein Brand, Media24 group MD said: “The irregularities are as a result of collusion amongst a few dishonest individuals which went undetected by the internal and external audits. Media24 is horrified and appalled that irregularities regarding circulation figures took place in two of our 12 magazine divisions. “My heart bleeds for editors, particularly during the process. I'm very very happy to say that no editorial staff or editors have been involved in the illegal process… we are grateful to the ABC for picking up the irregularities… that's the really brutal story of these irregularities.”
• Louise Marsland reporting live from Media24 press conference – see blog.bizcommunity.com for further details.
Louise Burgers (previously Marsland) is Founder/Content Director: SOURCE Content Marketing Agency. Louise is a Writer, Publisher, Editor, Content Strategist, Content/Media Trainer. She has written about consumer trends, brands, branding, media, marketing and the advertising communications industry in SA and across Africa, for over 20 years, notably, as previous Africa Editor: Bizcommunity.com; Editor: Bizcommunity Media/Marketing SA; Editor-in-Chief: AdVantage magazine; Editor: Marketing Mix magazine; Editor: Progressive Retailing magazine; Editor: BusinessBrief magazine; Editor: FMCG Files newsletter. Web: www.sourceagency.co.za.
