18 Aug 2020
News24 announces digital subscriptions at R75/month
News24, South Africa's largest and most trusted news platform, today (30 July 2020) announced the launch of a digital subscription service that will be available to readers from August 8.
Breaking news will remain free-to-read.
A subscription will cost R75 per month and will give readers access to additional investigative and in-depth journalism, as well as a range of informed opinions, analysis and views on news, politics, sport, business and lifestyle. A subscription will further include access to the best of Media24's journalism from City Press, You, Drum and True Love magazines.
"This is a historic moment for all of us at News24; something we've been dying to tell our more than 13-million unique users about since we started this journey to build a sustainable model for quality journalism almost two years ago," says News24 editor-in-chief Adriaan Basson.
In addition to in-depth journalism, News24's subscription service will also introduce exciting new features, such as the ability to post comments, listen to articles, share subscriber-only articles with friends and choose from a bouquet of premium newsletters.
The move is in line with a growing international trend to charge for online news content as the industry faces increasing economic pressures.
"We have invested in journalism and grew our newsroom at a dark time for media companies and journalists. With the unfortunate decline of print publications, we need to ensure that we build a sustainable future for digital journalism to keep power to account and strengthen democracy," says Basson. "I invite you to join us on this exciting journey towards creating a sustainable environment for quality digital journalism to flourish."
About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.
Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the United States of America.
For more information, please visit www.naspers.com.
Naspers Labs
In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.
Response to COVID-19
Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families who COVID-19 has impacted with meals for a year.