In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings shareholders are advised that the following changes have been made to the executive management of the Group and the eMedia Holdings Board of Directors:
Mr Andre van der Veen has announced his resignation from his position as Chief Executive Officer of the Company and of the Board of Directors with effective from the 30th November 2018.
Khalik Sherrif, current Deputy Chief Executive Officer, has been appointed to the position of Chief Executive Officer. Khalik has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years. He is the most experienced television executive within eMedia Holdings, having been with the Group for more than 15 years and has been responsible for revenue and the success of the company’s dynamic sales team. Khalik’s extensive knowledge of the changing South African media industry will continue to be of immense value as he takes over the reins from Andre.
The Board thanks Andre for his positive contribution to the Company over the past year and wishes him the very best in his future endeavours.
Shareholders are advised that eMedia Holdings’ integrated annual report, incorporating the summarised reviewed results for the year ended 31 March 2018, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 23 May 2018.
Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2018 are available on the Company’s website (www.emediaholdings.co.za).
The integrated annual report contains a notice of Annual General Meeting for eMedia Holdings shareholders, which will be held at the offices of Hosken Consolidated Investments Limited, Suite 801, 76 Regent Road, Sea Point, 8005 on Monday, 22 October 2018 at 10h00. The record date for determining when shareholders must be recorded in the register to be entitled to participate in and vote at the AGM is Friday, 12 October 2018.
In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings
shareholders are advised that the following change has been made to the composition of the
eMedia Holdings Board of Directors:
Mr Yunis Shaik has been appointed as a non-executive director of eMedia Holdings as of 3
Yunis was appointed to the board of Hosken Consolidated Investments Limited as an
executive director in 2014. Prior to his appointment at HCI, Yunis was an attorney of the
High Court and served as an acting judge in the Labour Court. He is a former deputy general
secretary of the Southern African Clothing and Textile Workers Union and served as a senior
commissioner to the CCMA in KwaZulu Natal. He is a director of Deneb Investments,
Niveus Investments and Tsogo Sun Holdings. He is chairman of Hosken Passenger
Logistics and Rail.
The Group welcomes Mr Shaik and looks forward to his contribution.
eMedia Investments, owner of e.tv and eNCA, will launch a second television news channel to be broadcast on its Openview platform. OpenNews will launch in the last quarter of 2018 and will have its own management, identity and look distinctively different from eNCA.
eMedia Investments Chief Executive Officer, André van der Veen says, “OpenNews will be broadcast out of the Cape Town studios, offering viewers an integrated news channel combining short format news, onscreen information and links with selected social media platforms like Twitter and Instagram, and a proprietary app. Openview viewers consume news differently from traditional news broadcasts”.
“eMedia Investments has the talent, knowledge and experience to launch South Africa’s first satellite free-to-air television news channel. OpenNews will be an independent news service, but hosts will be encouraged to ‘to take a view’ on regional, international, sports, entertainment and financial news.”
The line-up will also syndicate the recently launched entertainment programme, The Spotlight with Tanya Nefdt and two new current affairs shows – The Tim Modise Show, and The Fix with Karima Brown.
“Five years ago, eMedia Investments launched Openview to provide free satellite television to the South African television market. We have consistently expanded our content offering on the platform and the success of our recently launched channels, eBella and Kwesé Sports, has demonstrated that our audience is attractive and sought after by advertisers.
“The number of Openview set-top box activations has increased to over 1,2 million, and the latest audience research indicates that viewers want a local news channel on the platform. Given this, we decided to launch OpenNews,” says van der Veen.
The Company will also launch a two-hour block of Afrikaans programming on eExtra (available on Openview channel 105 and DStv channel 195). The block will include entertainment, current affairs programming and a news bulletin. The programme mix is in the final stages of being finalized and the line-up will be announced in the next few weeks.
eMedia Investments, the parent company of eNCA and e.tv, notes with disappointment, the media release by Multichoice regarding its carriage agreement with ANN7. We have refrained from making any comment to date, but today’s statement by Multichoice requires clarification.
Multichoice CEO, Calvo Mawela revealed confidential contractual information relating to eMedia Investments’ agreement with Multichoice. eMedia Investments is contracted to provide five channels to DStv on a non-exclusive basis, the same basis as ANN7 provides its news channel to Multichoice. Furthermore, the provision of 24-hour news channel eNCA as well as Afrikaans news bulletins for kykNET are provided on an exclusive basis.
These services are incomparably more extensive than the ANN7 offering and attract substantially larger audiences on the DStv platform. eNCA delivers an independent, commercially viable news service, holding more than 50% of the news-watching audience. The total amount currently received from Multichoice for all of the services is significantly below the amount suggested by both the Multichoice statement and subsequent comments made in the Q&A session. The overstatement of the amount payable, to justify amounts paid in respect of ANN7, is distressing.
The suggestion made by Mr Mawela that questions have not been asked of the Multichoice agreement with eNCA is misplaced. The amount paid pursuant to an ordinary commercial contract such as eMedia’s is irrelevant when it comes to the issues facing Multichoice and their relationship with ANN7. That relationship, which has been ventilated in the media and the court of public opinion, details serious allegations of bribery, corruption and impropriety.
André van der Veen, has been appointed Chief Executive Officer of eMedia Holdings. The company’s main asset is a controlling stake in eMedia Investments, which owns e.tv and eNCA.
Van der Veen says, “e.tv and eNCA are South African institutions which play a critical role in our society providing independent news coverage and entertainment to millions of people. These brands are loved and respected by South Africans and I look forward to working with the eMedia management team and the employees as we navigate the fast changing media landscape.”
Van der Veen takes over from Kevin Govender, who has led the company for the past 2 years in an acting capacity. Govender will remain on the eMedia Holdings board as a Non-Executive Director.
Khalik Sherrif, current Chief Commercial Officer, has been appointed to the position of Deputy Chief Executive Officer. Sherrif has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years. He is the most experienced television executive within eMedia Holdings, having been with the Group for 15 years. He has been responsible for revenue and the success of the company’s dynamic sales team. Sherrif’s extensive knowledge of the changing South African media industry will add value to the Group as he supports van der Veen in this new role.
Sherrif says, “These changes present a new opportunity in a new era for eMedia. I look forward to working with André and our management team, growing my portfolio beyond that of being only responsible for revenue. It will be challenging, but I hope all the more rewarding as media shifts and changes.”
The roles of Mark Rosin as Chief Operating Officer and Antonio Lee as Chief Financial Officer will remain unchanged.
The appointments are expected to be effective from 1 November 2017.
eNCA is proud to announce the appointment of a new Managing Director and Editor-in-Chief, Mapi Mhlangu. Mhlangu assumes the helm of South Africa’s premier news channel, taking over from Anton Harber on 1 July 2017.
Ms. Mhlangu joined the channel in 2009 and has served in various capacities in the eMedia Investments organization, most recently as eNCA’s News Director. In that position she was principally responsible for all operations, editorial and technical. She brings a wealth of experience at both the coalface and executive management levels of news production.
Mapi Mhlangu says, “I’m honoured to be entrusted with the responsibility of leading this news organisation and its talented employees at this critical time in South Africa and its newsrooms. There is a pressing need for news media to ensure that citizens are adequately informed, so as to engage the state and to ensure that the benefits of freedom re realised. South African viewers have consistently indicated that eNCA is their trusted source for independent news and analysis which is accurate and unbiased. I look forward to navigating through the challengs ahead with our dynamic team.”
eNCA thanks Anton Harber for his contribution to the channel and newsroom where he provided mentorship and nurtured news leaders within the organization.
Anton Harber says, “I hand over the reins with eNCA’s audience and advertising revenue strong and growing, and I think this provides a solid foundation for Mapi and the excellent newsroom team to build on. eNCA is a crucial South African institution, one of the cornerstones of independent journalism, and its role is going to be more important than ever in coming months. I am confident that Mapi is well placed to build on this.”
eMedia Investments Chief Operating Officer Mark Rosin says, “With 20 years of news media experience and almost a decade at eNCA, we have full confidence that eNCA will continue to thrive under Mapi’s editorial leadership. In 2015, we spoke about the ongoing transformation of eNCA and its newsroom and Mapi’s appointment is testimony to that intention.”
eNCA will continue to provide journalism that is fair and free of favour, broadcasting the quality news programming which has made it the most watched 24 hour news channel in South Africa.
e.tv is disappointed that its application to broadcast its 6.30PM eNews Direct bulletin outside of prime time has been refused. This ruling was made by The Independent Communications Authority of South Africa today.
ICASA did not provide reasons for its finding and e.tv awaits these before taking a decision on the way forward.
The application was made a year ago in response to the changing media environment, a change in the way that South Africans are consuming news and the decline in the viewership of English prime time news bulletins across all free-to-air channels in the country. The channel had hoped that an amendment would afford it the flexibility to move its prime time bulletin to a different time slot, outside of the prime time window, in a bid to better cater to its viewers changing needs.
“We remain committed to providing our audience with independent news of the highest editorial standards, but we are disappointed that we have not been afforded the flexibility to do so within what we think are reasonable parameters,” says Chief Operating Officer of eMedia Investments, Mark Rosin.
eMedia Investments has appointed Marlon Davids as the Managing Director of e.tv. He has been Acting Managing Director since April 2016.
Among other responsibilities, Davids will now oversee the Group’s flagship free-to-air channel e.tv as well as its stable of entertainment channels, which includes eMovies+, eKasi+, eNolly+, eToonz+ and Beatlab.tv.
Having completed his studies in business administration, Davids joined e.tv’s customer care team in 2001 before rapidly progressing through positions in the channel’s scheduling, transfers and programming departments. He was the recipient of the Group’s inaugural eSpirit Award, an annual accolade that recognizes professional excellence, and was subsequently appointed as the Head of International Acquisitions.
He left the Group in April 2013 for a short while, before rejoining eMedia Investments in September 2014 as the General Manager of Content Strategy and Planning for e.tv.
Davids is looking forward to tackling his new role, “e.tv and its people are part of my DNA. I am passionate about the television industry, with a special interest in both local and international content. I look forward to collaborating with the talented people within our business and the industry.”
eMedia Investments’ COO Mark Rosin says, “Marlon has a well-rounded view of the business, its workflows, people and programming. He is also an avid television viewer and probably knows television content better than anyone in the group. In his case, he really does work in an area that he loves. We are confident that Marlon will bring a fresh perspective to the Group and the channels that he oversees.”
Davids’ appointment is effective from 1 July 2016.
eMedia Investments appoints Maxwell Nonge as the group’s Chief Technology Officer (CTO). eNCA’s Patrick Conroy takes over as Managing Director of OpenView HD. Award-winning journalist/editor, Anton Harber is appointed Editor in Chief of eNCA.
In line with its strategies for the future, eMedia Investments has made the changes to meet future opportunities and challenges of the media group. Maxwell Nonge the current head of OpenView HD will move into the new Group CTO position. OpenView HD is South Africa’s fast growing new satellite TV service, with over 360,000 subscribers.
Maxwell Nonge is a highly qualified technology and telecommunications specialist, having worked in the telecommunications industry for many years. Nonge headed up the launch of OpenView HD in 2013 and has previously held senior positions at Sentech. His knowledge and technological experience will allow him to leverage technology across the group and take advantage of the rapidly changing media environment. Group Chief Operating Officer, Mark Rosin explains that Nonge is well positioned to help integrate the IT and broadcast environments and future-proof the business.
Rosin explained that they wanted Conroy to fill the vacancy left by Nonge. “Patrick is really strong operationally and has a deeply developed marketing background. Since 2005, Patrick has built a news company and a management team which is world class. We believe he has the skills to capitalise on OpenView’s success to date and also to build the platform’s revenue generating opportunities. He will also look to explore a new content marketing opportunity which we believe is important to a rapidly evolving media environment.”
Conroy has a proven track record of success in the group says Rosin, “Over the past 10 years he took eNews from a 30 minute nightly newscast to a multi-platform news business including South Africa’s first 24 hour news channel, an isiZulu news offering, Afrikaans news and a fully functional digital division.”
“Conroy and Nonge also know each other very well and will be working closely together to develop strategies for the group,” he adds.
Harber takes over the leadership of the Group’s news division under a fixed term contract. Rosin says, “Anton’s extensive experience in South African Media will allow him to mentor and grow the future leaders of the television news industry. He is a seasoned journalist, experienced manager and highly respected professional. We are thrilled to have him join our group.”
Harber describes himself as a writer, journalist, educator and media entrepreneur. He is the Caxton Professor of Journalism at the University of the Witwatersrand, a board member of the Global Investigative Journalism Network, was a founder of the Weekly Mail (now the Mail & Guardian) and is the author of ‘Diepsloot’.
The news division will fill the position of Group News Editor in the near future.
The changing nature of the group in a dynamic media environment, says Rosin, necessitated looking at these positions and appointments during the latter part of 2015. We are pleased to be able to implement them on 1 March, before the commencement of our new financial year.