Continental Broadcasting Services (CBS) To Close Down 'TVC News Africa'!
It is also understood that as part of this 'restructuring', some 140+ jobs in the company may be lost. The company, however, said it has also put in place adequate exit and support packages for those that will be negatively affected as a result of the corporate restructuring.
Broadcast Media Africa have learnt that Nigeria-based Continental Broadcasting Services (CBS) - owners of Television Continental (TVC) brand - have reached the decision to wind down its pan-African news operation, TVC News Africa. Sources close to the company said the end of 'TVC News Africa' will help CBS deliver on its core competencies, focused on the Nigerian market.