e.tv halts its slide - but investors remain wary
29 May 2016 - 02:01
The collapse of profits at eMedia Holdings, owner of free-to-air broadcaster e.tv, to just R32-million in the year to end-March, from R170-million the previous year, has market watchers wondering whether the company can recapture its former glory.This week's shock profit announcement by eMedia comes 18 months after CEO Marcel Golding was unceremoniously elbowed out.
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