Media Prima also concluded the first phase of its transformation plan, Odyssey, which began in 2016.
Malaysian media conglomerate Media Prima Berhad has announced a “manpower rationalisation” exercise. In an announcement on its site, the group said: “Media Prima will proceed with its manpower rationalisation exercise as part of the next phase of its business...
Meanwhile, Malay Mail reported that Media Prima will allegedly cut the number of editorial staff at the New Straits Times, Berita Harian, and Harian Metro by half.
Media Prima Television Networks’ CJ WOW SHOP also remained on the upswing with a 12% increase to RM169.9 million in 9MFY19 against RM151.9 million last year.
The partnership will leverage Media Prima's integrated media platforms for mass reach and experience in news publishing, education content, broadcasting operations, content creation and digital consulting.
This comes after it recently announced that it is “embarking on the next phase of its business transformation exercise” which is expected to conclude by the first quarter of 2020.