Ster-Kinekor to retrench more than 200 employees
, April 18 -- This comes after challenges such as a tough economic climate, load-shedding, financial constraints, and delays in movie releases due to Hollywood strikes which led to decreased cinema attendance and revenue.
This news comes during a climate where streaming services such as Netflix, Disney and Amazon Prime have become more popular for blockbusters, ultimately affecting cinema numbers.
6 Mar 2024
Published by HT Digital Content Services with permission from Bizcommunity....
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