{"id":549691,"date":"2006-07-31T07:15:42","date_gmt":"2006-07-31T07:15:42","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/549691-johncom-acquires-compact-disc-technologies.html"},"modified":"2006-07-31T07:15:42","modified_gmt":"2006-07-31T07:15:42","slug":"johncom-acquires-compact-disc-technologies","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/549691-johncom-acquires-compact-disc-technologies.html","title":{"rendered":"Johncom acquires Compact Disc Technologies"},"content":{"rendered":"<p><font size=\"2\">&quot;The purchase of the remaining 40% of CDT will prove key across the entire Johncom group, notably for businesses that manufacture DVDs and CDs, Nu Metro Home Entertainment and Gallo Music respectively,&quot; Johncom Deputy Group CEO Prakash Desai said in a statement. <br \/>\u00a0 <br \/>&quot;We are excited about the outlook on DVD as a format, which forecasts a positive trend globally of growing unit numbers for the coming years.&quot; <br \/>\u00a0 <br \/>Johncom has already invested 5.6 million rand in CDT&#8217;s CD manufacturing lines within the past financial year. The group has also committed to a new DVD line, which will be operational by end August, requiring capital of 9.2 million rand. <br \/>\u00a0 <br \/>This year alone, an impressive number of 32-million units have been handled through the CDT plant. Revenue for the year to March 2007 is forecast at\u00a0 177 million, the company said. <br \/>\u00a0 <br \/>Within the 2006 financial year, Warner Music International (WMI) and Johncom joined forces to create Warner Music Gallo Africa (WMGA), a new music-based content company in South Africa. More recently, Johncom acquired a majority share (80%) in Ochre Media through its subsidiary, Johncom Media Investments.<i \/> <\/font><\/p>\n<p \/>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>South African media group Johnnic Communications (Johncom, JNC) has acquired an additional 40% stake in Compact Disc Technologies (CDT) from the Replication Technology Group and Rand Merchant Bank Holdings, giving it 100% ownership of Africa&#8217;s largest CD and DVD manufacturing plant.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-549691","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/549691"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=549691"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/549691\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=549691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=549691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=549691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}