Caxton and CTP Publishers and Printers Limited have warned of the existential threats posed by Google and Meta on South Africa's news industry.
The dominance of these tech giants has created barriers for local news publishers, threatening journalism's financial sustainability and its role as a pillar of democracy.
Caxton, a major South African publisher, struggles with declining advertising revenues exacerbated by the shift to digital.
The company calls for urgent intervention to level the playing field, enforce fair revenue-sharing mechanisms, and ensure compliance with tax and BBBEE regulations.