Irish Firm Sells S. African Newspapers For $227M
Print newspapers still remain a major part of how South Africa receives news, as placards along major roads offer the top headlines and hawkers sell copies in traffic. However, like other newspapers around the world, the South African industry has felt the impact of readers migrating toward the Internet and mobile devices to read the latest news.
Independent News & Media PLC: www.inmplc.comSekunjalo Holdings: www.sekunjalo.com ___ Jon Gambrell can be reached at www.twitter.com/jongambrellAP .
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