Malaysia media industry downsizing as economy weakens
Some groups banking on Sept Rio Olympics for much needed lift
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
HAVING battled a general trend of declining circulation and advertising revenue for the past few years, Malaysia's media industry has begun taking the bull by the horns with a number of media groups downsizing or wrapping up certain segments of their operations as a weak economy and shrinking ringgit add to their misery.
The Edge Media Group has reduced headcount in an effort to "reorganise" and "right-size" to focus on its core business while Kinibiz will soon be terminating its online and print editions.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
