Primedia

South African media group
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Primedia
Company typePrivate
IndustryBroadcasting, Advertising
FoundedJohannesburg (1994)[1]
FounderThe Kirsh Consortium
Headquarters
Sandton, Johannesburg
,
South Africa
Key people
Phumzile Langa Chair of Primedia Board
Jonathan Procter (Group CEO)
Revenue1.8 Billion
OwnerPrivate
Websitewww.primedia.co.za

Primedia is a South African media group, headquartered in Sandton, Johannesburg.

History

Primedia was established in 1994 and its listing on the JSE Securities Exchange was completed in April 1995. Primedia remained listed on the JSE until 1 October 2007, when its listing was terminated following a successful private equity transaction (scheme of arrangements).

The Primedia Group is backed by Mineworkers' Investment Company (MIC), Ethos, the FirstRand Group and the Old Mutual Group (Old Mutual Private Equity and Old Mutual Specialised Finance) who are major shareholders.[2]

Primedia's advertising businesses are located principally in South Africa. This includes radio broadcasting, outdoor advertising, commuter and other out of home media, and spans both the traditional and non-traditional media sectors.

Subsidiaries

Primedia Broadcasting

Primedia Broadcasting is a subsidiary of Primedia, headquartered in Sandton, Johannesburg. It currently operates four national radio stations and the Eyewitness News service. Primedia was established in 1994 with Stan Katz appointed CEO and its listing on the JSE Securities Exchange completed in April 1995. Primedia remained listed on the JSE until 1 October 2007, when its listing was terminated following a successful private equity transaction (scheme of arrangements).

Radio Stations

News Services

Civic Organisations

Talent Management

New Home of Primedia and The Services

Advertising, Marketing & Promotions

References

  1. ^ "Primedia Website". Primedia. Retrieved 12 October 2010.
  2. ^ "Primedia Website". Primedia. Retrieved 21 January 2014.
  3. ^ "Lead SA: Standing Up for South Africa". Southafrica.info. Big Media Publishers. 4 August 2010. Retrieved 14 June 2014.
  4. ^ "Lead SA: Heroes". Lead SA. 2014. Retrieved 14 June 2014.
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