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Saudi Research and Media Group (SRMG) Announces operational changes to accelerate its growth and transformation strategy, including adopting an exclusively digital approach for Arriyadiyah, AlEqtisadiah and Malayalam News, alongside new editorial appointments.

4210
SRMG
-2.26 %
1445/07/05     17/01/2024 15:40:33

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Announcement Detail Saudi Research and Media Group (SRMG), the largest integrated media group from the MENA region, has announced significant operational changes with the launch of a new exclusively digital approach for Arriyadiyah, AlEqtisadiah, and Malayalam News, effective January 19, 2024. Additionally, SRMG has announced the appointment of several new editors-in-chief, deputy editors-in-chief, and assistant editors-in-chief.

This announcement aligns with SRMG’s digital transformation, growth, and expansion strategy, demonstrating the Group’s commitment to nurturing the next generation of journalists and media professionals to meet the demands of audiences worldwide. This decision also reflects the significant shift in regional media consumption habits, particularly with the rising popularity of digital, social, and audio-visual media platforms.

These developments will optimize SRMG’s operational efficiency and support the production of innovative digital products across audio, video, and written formats, which in turn will create new and diverse content offerings and marketing opportunities for advertisers across its digital platforms.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 147.0
Net Change -3.4 (-2.26%)
Value Traded (Sar) 14,836,590.2
Volume Traded 98,516
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