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Naspers prospers in the new media era.

Business Day (South Africa)

| July 06, 2009 | COPYRIGHT 2008 Johnnic Communications. (Hide copyright information)Copyright

Byline: Jocelyn Newmarch

Naspers prospers in the new media era CEO Bekker's vision is largely behind success of the transformed group, writes FROM being the rather dowdy owner of mainly Afrikaans newspapers and some glossy magazines, Naspers is now primarily a pay-TV and internet company. It proved its resilience when releasing its results last week, growing revenue 30% to R26,7bn for the year to March. Core headline earnings grew 9% to R4,4bn.

The company owes its success in large part to CEO Koos Bekker, whose strategic vision has seen the Naspers group transform into one of the most forward-thinking local groups. A breakdown of revenue by business, assuming all …

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