Kenya
East Africa’s largest media house the Nation Media Group has announced it will close some of its subsidiaries in the region.
The media house said in a statement on Thursday it will run its TV station NTV as its single multi-lingual station and closing down Nation FM, QTV and Rwanda (KFM) .
MEDIA STATEMENT:
— Nation Media Group (NationMediaGrp) June 30, 2016NationMediaGrpembarks on Implementing a New Strategic Direction. pic.twitter.com/YCQNY8xOKL
The scaling down of its traditional media will have the radio stations maintain an online presence from June 30.
The media group hopes the new strategic direction will transform it into a modern 21 century digital content company.
This new direction will lead to the reduction of many jobs.
01:04
Ethiopia suspends leading independent newspaper The Reporter
01:02
Major US TV networks pause White House pool coverage over Trump media ban
01:07
Guinea media regulator warns France 24 over description of president
02:16
RSF calls for release of French journalists detained in Togo
01:00
Mali jails government critic for 'discrediting state'
01:03
Burkina Faso fines French media group Canal+ 50 million CFA francs