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Nation Media Group FY16
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jgithige
#21 Posted : Thursday, January 18, 2018 2:50:12 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
wukan wrote:
Another round of retrenchments. Ni kubaya!!!



Some of our media personalities are highly overpaid an indicator of the wage-bill sustainability challenge. Secondly the Govt is the biggest client. For me its a risky biz.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
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murchr
#22 Posted : Thursday, January 18, 2018 5:57:38 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
They seem not to have realized what hit them. To this day, Nation online shows yesterdays news yet the other online papers show news happening now. I dont know why they dont realize that the digital platform should show what is happening now.
"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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Ericsson
#23 Posted : Saturday, January 20, 2018 9:54:42 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Disposable income for spending on newspaper is reducing
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Kausha
#24 Posted : Monday, January 22, 2018 1:19:19 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu.
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Ericsson
#25 Posted : Monday, January 22, 2018 2:13:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kausha wrote:
For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu.


How has the economy being during the past 4 years
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Kausha
#26 Posted : Monday, January 22, 2018 2:16:16 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
It's been growing above 5% in each of the years
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Kausha
#27 Posted : Monday, January 22, 2018 2:20:05 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Ericsson wrote:
Disposable income for spending on newspaper is reducing

Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite.
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mlennyma
#28 Posted : Monday, January 22, 2018 2:26:27 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kausha wrote:
Ericsson wrote:
Disposable income for spending on newspaper is reducing

Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite.

No,it's the newspapers generation diminishing
"Don't let the fear of losing be greater than the excitement of winning."
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wukan
#29 Posted : Monday, January 22, 2018 2:27:20 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Ericsson wrote:
Kausha wrote:
For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu.


How has the economy being during the past 4 years


Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy

[quote]There were only 33,382 local companies registered in 2016, a decline of 88 per cent, from the 281,973 companies that were registered in 2013.
Read more at: https://www.standardmedi...ecline-state-data-shows[/quote]
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VituVingiSana
#30 Posted : Monday, January 22, 2018 3:33:08 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Kausha wrote:
Ericsson wrote:
Disposable income for spending on newspaper is reducing

Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite.

I am not sure quoting SportsPesa as an example of a growing economy (or disposable income) is kosher. IMHO, a lot of (compulsive) gamblers are going to be broke if not already so.

Gambling has few winners.

Safaricom is a behemoth. Is their share of the telecom pie growing OR is the entire market (substantially) growing?

Then there are the socio-economic classes. The "rich" aren't really affected by price increases in the basic goods. The middle-class may substitute products. The poor feel it the most.

As far as newspapers are concerned, the print version is going to become a tinier piece of pie over time. The online versions face the challenge of folks who do NOT want to pay.

How can Business Daily make money from the free edition found online?
Ads aren't the magic bullet anymore.

I don't have a solution but it is going to be interesting...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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