Media24 has announced plans to relinquish three of its international magazine licences, motoring titles TopCar and Top Gear, and weekly fashion magazine Grazia.<\/p>\n
\u201cThe company is also considering the possible closure of two of its own monthly magazine titles \u2013 creative living title Ideas\/Idees and women\u2019s monthly L\u00e9\u00e9f,\u201d said Media24.<\/p>\n
Media24 CEO Esmar\u00e9 Weideman said\u00a0this is in line with the company\u2019s strategy to strengthen its position as Africa\u2019s leading digital publisher.<\/p>\n
\u201cWe regularly review our portfolio of excellent print and digital brands \u2013 some flourish, others battle in a constantly changing media landscape,\u201d she said.<\/p>\n
\u201cMotoring content has successfully migrated to the Internet and Wheels24 has become a premier destination, offering readers quality motoring content.\u201d<\/p>\n
Print media remains a core focus for Media24, said the company, adding that it\u00a0publishes nearly 140 newspapers and magazines.<\/p>\n
It publishes the country\u2019s biggest newspaper, Soccer Laduma, and biggest daily newspaper, Daily Sun, it said.<\/p>\n
Its magazine portfolio also includes Huisgenoot, YOU, Kuier, and Move! magazine.<\/p>\n
Ishmet Davidson, head of Media24 Print Media, said staff at the affected magazines are being consulted about potential closures.<\/p>\n