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NMG FY 2017
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madollar
#11 Posted : Wednesday, April 18, 2018 3:01:33 PM
Rank: Veteran

Joined: 11/17/2009
Posts: 2,040
Location: GA
watesh wrote:
littledove wrote:
"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though

That digital revenue will grow at a slow rate since their online content is pretty much free and ad rates are muuuuuch lower than on the newspaper. They should try to cut out the adsense middleman and work on an easy to use platform for anyone to place an order to advertise so that locals dont just go to Facebook or Instagram to promote their product.
If done right, they can tremendously grow their digital contribution instead of giving out 30% of the potential revenue to Google plus make Nation website a go to place to advertise things.

They should focus more on stand alone digital products the way royal media is doing with viusasa and shabiki.com .When it comes to online advertising social media will eventually triumph but NMG has been singing digital for ages now but seem clueless how to go about it.
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murchr
#12 Posted : Wednesday, April 18, 2018 5:56:49 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Its now clear that Elections do not bring money.
It is also clear that the current business model is not sustainable in the long run.

My take - revamp the whole media platform, create more better content on print media and digital platforms.

Bring back the classified online. Nsoko
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Pesa Nane
#13 Posted : Tuesday, April 24, 2018 1:15:03 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#14 Posted : Wednesday, April 25, 2018 6:41:42 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Pesa Nane wrote:


New and fresh ideas are needed at the ceo and senior management level
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#15 Posted : Sunday, April 29, 2018 5:11:46 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Pesa Nane wrote:


New and fresh ideas are needed at the ceo and senior management level


Could this be a sign that Agha Khan wants to sell stake to NYT?
Life is short. Live passionately.
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murchr
#16 Posted : Sunday, April 29, 2018 9:17:29 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Good move. If Kiboro leaves it will even be better.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Pesa Nane
#17 Posted : Wednesday, June 06, 2018 12:49:19 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
New and fresh ideas are needed at the ceo and senior management level


murchr wrote:
Good move. If Kiboro leaves it will even be better.


Quote:
NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."

Pesa Nane plans to be shilingi when he grows up.
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Angelica _ann
#18 Posted : Wednesday, June 06, 2018 12:55:49 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Pesa Nane wrote:
Ericsson wrote:
New and fresh ideas are needed at the ceo and senior management level


murchr wrote:
Good move. If Kiboro leaves it will even be better.


Quote:
NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."



smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Mike Ock
#19 Posted : Wednesday, June 06, 2018 3:54:13 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
murchr wrote:
Its now clear that Elections do not bring money.
It is also clear that the current business model is not sustainable in the long run.

My take - revamp the whole media platform, create more better content on print media and digital platforms.

Bring back the classified online. Nsoko

Elections bring a lot of money mostly in the form of brown envelopes to the journalists to do hit pieces and social media posts hitting out against competitors. This money doesn't reach the NMG accounts.

madollar wrote:

They should focus more on stand alone digital products the way royal media is doing with viusasa and shabiki.com .When it comes to online advertising social media will eventually triumph but NMG has been singing digital for ages now but seem clueless how to go about it.


Yup this is the right approach, but if I may add, they need to focus on different digital categories. So far they have very many news websites that actually do very well, but news websites online don't make much money, especially for a big company like NMG. They need to get into other businesses lines like premium video, social media etc, which are media businesses, but not exactly news, and they have more money making potential than online news. They also need a more global approach to their online businesses. Trying to make serious money online while only focusing on Kenya is a tall order
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Ebenyo
#20 Posted : Wednesday, June 06, 2018 4:15:41 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Angelica _ann wrote:
Pesa Nane wrote:
Ericsson wrote:
New and fresh ideas are needed at the ceo and senior management level


murchr wrote:
Good move. If Kiboro leaves it will even be better.


Quote:
NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."



smile smile smile


Next year i will exit nmg.i will use the capital for national oil ipo.
Towards the goal of financial freedom
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