On 6 May 2021, as part of the strategic review announced previously, Singapore Press Holding (SPH) will be transferring its media business to a not-for-profit entity amidst the ongoing challenge of falling revenue from its media segment.
This is significant news not only for its shareholders but also for Singaporean as these would have an impact on journalism, be it good or bad, going forward.
In this article, we will break down what is this deal all about and evaluate the business of SPH without its media entity.
What you may not know about SPH’s businesses
...Singapore Press Holdings Ltd is one of Singapore’s news organizations, its core business is in the publication of newspapers, magazines, and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.
These are well-known facts, but did you know SPH has other non-media businesses, which make up close to half of its revenue?
