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standard group profits

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bluetooth

Village Elder
#1
The group has reported 91% decrease in half year profits,they made 21m as reported down from 205m,they blame digital migration.What they did not say digital was an example of disruptive technology.They knew it was comming but they never changed since 2006 or ealier,now advertisers have so many platforms to choose from.but it could also be someone somewhere is using the digital fiasco to blame for mismanagement
 
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gashwin

Village Chief
#3
misplanning, kunyongewa hewa kwa sababu ya ku-fight battles za spouse through their platforms, poor political judgement negatively affecting their credibility. soon even the other group will be squealing like a stuck pig(let)...
 

Ingia

Village Elder
#4
The group has reported 91% decrease in half year profits,they made 21m as reported down from 205m,they blame digital migration.What they did not say digital was an example of disruptive technology.They new it was comming but they never changed since 2006 or ealier,now advitisers have so many platforms to choose from.but it could also be someone somewhere is using the digital fiasco to blame for mismanagement
Who gives a f**k what billionares made. Wanafaa wajue wengi hapa hawakufikisha ata 1m in the quarter year. Wanataka tulie walilala njaa ama?
 

Avalance

Village Elder
#6
I also wonder how the new resource planning software will help to increase profits, cutting down staff does not automatically lead to an increase in profits. This is the time to think out of the box, look at njata tv, ebru and the likes. They (ktn,citizen,ntv) are still showing soaps yet the 60% local content is catching up. MY ADVICE FOR ALL TV STATIONS - SWALLOW YOUR PRIDE GO TO RIVERWOOD AND NATIONAL THEATER AND SIGN CONTRACTS FOR CONTENT BEFORE ITS TOO LATE.

resource 1.png

https://www.10000ft.com/resource-planning
 

4makind

Village Elder
#7
Surely don't they have business and market analysts?? But you'll see them running acres and acres on mismanagement, bad strategic choices and lack of foresight by other companies such as Uchumi, KQ......... while they have been busy politicking and publishing gutter-like topics. How does a company that relies so heavily advertising income just watch as the likes of OLX, Jumia............. set up shop without even starting even a single webpage on their main website but just comfortable banking on Digger classifieds?

They should all be fired!!!!......... I dont know if Gideon is a lister but someone should tell him
 
#8
The standard newspaper should disappear. Once you hire 'journalists' who make class 8 compositions to look like gems from Shakespeare, don't expect anything else apart from sharing the same fate with the dinosaurs.
Very poorly researched pieces, glaring factual errors, imbecility and lack of editing.
 

Avalance

Village Elder
#9
I happened to do an audit of scangroup financials sometime back in 2010 and by then Safaricom and EABL who were their major clients used to pay billions to media houses back then, in terms of activation and what not, Fast forward to 2014 onwards with internet now affordable Google has now taken their cut in terms of online advertising. hapo ndio shida iko. And if they dont think ousite the box ASP kwisha maneno

https://www.google.com/intl/en/ads/?fg=1
 

shocks

Village Sponsor
#10
I also wonder how the new resource planning software will help to increase profits, cutting down staff does not automatically lead to an increase in profits. This is the time to think out of the box, look at njata tv, ebru and the likes. They (ktn,citizen,ntv) are still showing soaps yet the 60% local content is catching up. MY ADVICE FOR ALL TV STATIONS - SWALLOW YOUR PRIDE GO TO RIVERWOOD AND NATIONAL THEATER AND SIGN CONTRACTS FOR CONTENT BEFORE ITS TOO LATE.

View attachment 13630


https://www.10000ft.com/resource-planning
its a very lazy manager whose first method of increasing profit is cutting cost. standard group will be killed by internet and digital tv
 
#15
You guys should give credit where due - I predicted the collapse of NMG and Standard four years ago. Sales of The EastAfrican are down to less than 15,000 and the Business Daily I think does not even do 5,000 some days.

When the government pulls out of those full-page ads is when shit will hit the fan.
 

4makind

Village Elder
#16
Oh boy!! if this is an accurate account then these guys are clutching on straws, they need to evaluate their business models afresh or perish
 
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