Media Prima to undertake internal restructuring

Media Prima Berhad said on Nov 1 that it will embark on the next phase of its business transformation exercise.

This includes changing its business model and restructuring internally to enable the Group to be future proofed and sustainable given the uncertain macroeconomic conditions and disruptive changes in the global and local media sector.

The Group will ensure that all affected employees will receive a fair and equitable compensation package governed by the law and respective union requirements which will be paid in full upon the fulfilment of all legal requirements.

The Group will also provide support to staff which includes job outplacement services and career counseling. The restructuring exercise is expected to be completed by Quarter 1, 2020. The global media landscape continues to change at a rapid pace and scale, requiring media companies to review and disrupt its own business model to remain sustainable and successful.

Moving forward, the Group — being the home to some of Malaysia’s highly followed and most valued media brands and content — will continue to focus on bringing value to its employees, customers, shareholders and stakeholders at large.


MARKETING Magazine is not responsible for the content of external sites.

The APPIES is an annual event that presents a rare opportunity for creative, media, digital and marketing agencies or brands to present their best campaigns to the industry.

This is the only event where Live Presentations meets Live Judging.

Similar to TED Talks, The APPIES is the chance for great presenters with outstanding work to show it off to some of the industry’s most important industry leaders.

This year’s winners will receive Gold, Silver or Bronze trophies for 21 categories, and 6 special Best of Best categories (red trophies) that require no submissions!

Campaign entries must have run between June 2023 to May 2024

Submissions Deadline
30th June 2024

APPIES Festival – Judging & Presentations
11th – 12th July 2024 (Malaysia)

 

Download Event PDF
Submit Entries Here




Subscribe to our Telegram channel for the latest updates in the marketing and advertising scene