News24's Financial Collapse is Glorious

South Africa’s most mistrusted media house is collapsing — and the numbers prove it. News24, owned by Media24 and ultimately Naspers, has reported yet another massive revenue decline. With a 38% drop this year alone and three consecutive years of losses, the downward spiral is unmistakable.

In this video, I break down the financials behind Media24’s dramatic decline, why News24 is losing readers across the political spectrum, and how their political bias, propaganda journalism, and progressive ideological capture have pushed them into critical collapse.

From praising the ANC and Cyril Ramaphosa while ignoring hard facts, to attacking organisations like AfriForum and Solidarity for exposing government failures, News24 has alienated audiences from the EFF to the Freedom Front Plus. This is not just bad journalism—it’s a complete failure of credibility.

I also discuss how universities producing ideologically aligned journalists, progressive newsroom echo chambers, and Naspers’ billionaire-funded media experiments all contribute to the decay of South Africa’s largest digital news outlet. And ultimately, I explain why News24 may soon become nothing more than a fully state-aligned propaganda arm, officially or unofficially.

If you’re tired of media manipulation, decline in journalistic standards, and the collapse of trust in South Africa’s news industry, this video is for you.

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