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Media24 restates certain ABC figures
In a press statement released yesterday, Thursday, 6 September 2007, Media24 announced that it is restating circulation figures supplied to the Audit Bureau of Circulation (ABC) for the period April 2006 to June 2007 for some of its women's magazines. This follows a review conducted by independent auditors at Media24's request.
“The restatement impacts less than 0.6% of the total magazine circulation of Media24 for this period,” continues the statement.
“Media24 upholds the values and principles of the ABC. The company acted as soon as it became aware of the error. Independent auditors were appointed to do a thorough review to define the extent of the problem and to advise on appropriate remedial actions.
“As a result of the review, there will be a tightening of management procedures,” the statement concludes.
For more:
Media24: now the PR really starts [article]
Is Media24 the only culprit? [article]
Zoopy interviews Hein Brand, Steven Powell and Di Paice [blog]
How did it all go wrong at Media24? [article]
Touchline MD faces disciplinary action [article]
Notes on a scandal [article]
Are the Picas at risk? [blog]
Touchline under scrutiny [snippet]
Media24 staff responsible for circulation irregularities [article]
Media24 restates certain ABC figures [article]
Scholtemeyer, Lowe Morna: Vodacom Women in The Media finalists [article]
Video coverage on the Thursday, 4 October 2007, Media24 press conference in Cape Town:
- Breaking news blog for coverage of the Wednesday, 3 October 2007, Media24 press conference in Johannesburg: http://blog.bizcommunity.com [blog]
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