E Media Holdings (“eMedia Holdings”) is a JSE-listed company that owns 67.7% of E Media Investments Proprietary Limited (“eMedia Investments”) – a South African media group with holdings in a variety of broadcasting, content and production businesses. Based in Johannesburg and Cape Town, eMedia Investments is owned and controlled by eMedia Holdings and Remgro Beleggings (Pty) Limited (“Remgro”).
HCI is the majority shareholder of E Media Holdings. HCI is a black economic empowerment investment company listed on the Johannesburg Stock Exchange and is owned and controlled by the Southern African Clothing and Textile Workers Union (“SACTWU”). Remgro is part of international luxury goods group, Richemont.
eMedia Investments grew out of the success of South Africa’s first private commercial free-to-air broadcaster, e.tv, which is 100% owned by eMedia Investments. e.tv broadcasts an over-the-air signal to 80.5% of the South African population. e.tv was Launched in 1998 after a competitive licensing process. The demographic profile of e.tv’s audience mirrors the demographic profile of South Africa and it is the country’s second most-watched channel overall. e.tv is popular for its South African dramas, movies and daily eNews bulletins.
Following the success of the eNews bulletins on e.tv, in 2008 eMedia Investments launched eNCA, South Africa’s first 24-hour news channel. In addition to being the country’s most-popular television news channels, the eNCA stable has grown to include one of the country’s most-popular news websites – eNCA.com.
eMedia Investments also owns South Africa’s only black youth radio station, YFM, and several other media-related businesses including Cape Town Film Studios, Strika Entertainment, Jacana Media, Silverline 360, Sasani Television Studios and Platco Digital (OpenView HD). It also has a music publishing business based in Los Angeles and Cape Town, called Lalela.