Difference between a listed company and the newly-formed public company limited by guarantee, or CLG

Why is it called SPH Media Trust and how clear is the purpose of this CLG?

What were the problems affecting the media segment of SPH because it was part of a listed company?

Quality journalism cannot be maintained in constant cost-cutting mode

How SPH Media still needs to be financially viable while achieving purpose

Talent and technology - cornerstones of the new SPH Media Trust

ST & Money FM Podcast: What does being not-for-profit mean for SPH Media

17:49 mins

Shareholders of Singapore Press Holdings (SPH) have overwhelmingly backed its plan to hive off its media business.

The move will pave the way for the formation of a new company limited by guarantee, while potentially unlocking shareholder value for the mainboard-listed company.

In an interview with Money FM 89.3 on Wednesday (Sept 15), Mr Patrick Daniel, interim chief executive of SPH Media Trust, shares his thoughts about what becoming not-for-profit would mean for the company. He also talks about SPH Media's plans to continue to be a strong brand in Singapore.

Host Elliot Danker and Bharati Jagdish speak with Mr Daniel on the following points:

1. Difference between a listed company and the newly-formed public company limited by guarantee, or CLG (2:21)

2. Why is it called SPH Media Trust and how clear is the purpose of this CLG? (6:21)

3. What were the problems affecting the media segment of SPH because it was part of a listed company? (8:17)

4. Quality journalism cannot be maintained in constant cost-cutting mode (11:13)

5. How SPH Media still needs to be financially viable while achieving purpose (13:04)

6. Talent and technology - cornerstones of the new SPH Media Trust (13:57)

Discover Money FM 89.3 Podcasts: http://www.moneyfm893.sg/podcast/

Spotify: https://str.sg/JWVx

Awedio app by SPH: https://www.awedio.sg/

Follow ST podcasts and rate us on:

Channel: https://str.sg/JWVR

Spotify: https://spoti.fi/2PwZCYU

Apple Podcasts: https://apple.co/2Lu4rPP

Google podcasts: http://str.sg/googlestbt

Websites: http://str.sg/stpodcasts

Feedback to: podcast@sph.com.sg 

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Discover more ST podcast series:

Green Pulse Podcast: https://str.sg/JWaf

Health Check Podcast: https://str.sg/JWaN

ST Sports Talk Podcast: https://str.sg/JWRE

Life Weekend Picks Podcast: https://str.sg/JWa2

#PopVultures Podcast: https://str.sg/JWad

Bookmark This! Podcast: https://str.sg/JWas

Lunch With Sumiko Podcast: https://str.sg/J6hQ

Discover BT Podcasts: https://bt.sg/pcPL

Follow our shows then, if you like short, practical podcasts!

ST &amp; Money FM Podcast: What does being not-for-profit mean for SPH Media
17:49 mins
Shareholders of Singapore Press Holdings (SPH) have overwhelmingly backed its plan to hive off its media business.
The move will pave the way for the formation of a new company limited by guarantee, while potentially unlocking shareholder value for the mainboard-listed company.
In an interview with Money FM 89.3 on Wednesday (Sept 15), Mr Patrick Daniel, interim chief executive&nbsp;of SPH Media Trust, shares his thoughts about what becoming not-for-profit would mean for the company. He also talks about SPH Media's plans to continue to be&nbsp;a strong brand in Singapore.
Host Elliot Danker and Bharati Jagdish speak with Mr Daniel on the following points:
1. Difference between a listed company and the newly-formed public company limited by guarantee, or CLG (2:21)
2. Why is it called SPH Media Trust and how clear is the purpose of this CLG? (6:21)
3. What were the problems affecting the media segment of SPH because it was part of a listed company? (8:17)
4. Quality journalism cannot be maintained in constant cost-cutting mode (11:13)
5. How SPH Media still needs to be financially viable while achieving purpose (13:04)
6. Talent and technology - cornerstones of the new SPH Media Trust (13:57)
Discover Money FM 89.3 Podcasts:&nbsp;<a href="http://www.moneyfm893.sg/podcast/">http://www.moneyfm893.sg/podcast/</a>
Spotify:&nbsp;<a href="https://str.sg/JWVx">https://str.sg/JWVx</a>
Awedio app by SPH:&nbsp;<a href="https://www.awedio.sg/">https://www.awedio.sg/</a>
Follow ST podcasts and rate us on:
Channel:&nbsp;<a href="https://str.sg/JWVR">https://str.sg/JWVR</a>
Spotify:&nbsp;<a href="https://spoti.fi/2PwZCYU" data-saferedirecturl="https://www.google.com/url?q=https://spoti.fi/2PwZCYU&amp;source=gmail&amp;ust=1593058080836000&amp;usg=AFQjCNE3goVnd7kXZdhGUBsv0tilzvQc5w">https://spoti.fi/2PwZCYU</a>
Apple Podcasts:&nbsp;<a href="https://apple.co/2Lu4rPP" data-saferedirecturl="https://www.google.com/url?q=https://apple.co/2Lu4rPP&amp;source=gmail&amp;ust=1593058080836000&amp;usg=AFQjCNHg25gDkJn167Fbf-I-qRhDKrKZrQ">https://apple.co/2Lu4rPP</a>
Google podcasts:&nbsp;<a href="http://str.sg/googlestbt" data-saferedirecturl="https://www.google.com/url?q=http://str.sg/googlestbt&amp;source=gmail&amp;ust=1593058080836000&amp;usg=AFQjCNHTAwJU9ckaX5r4SRWmuRkGgVVFBQ">http://str.sg/googlestbt</a>
Websites: <a href="http://str.sg/stpodcasts" data-saferedirecturl="https://www.google.com/url?q=http://str.sg/stpodcasts&amp;source=gmail&amp;ust=1604121592032000&amp;usg=AFQjCNF423GUSRs-f8wdi3ldSNpY72885g">http://str.sg/stpodcasts</a>
Feedback to:&nbsp;<a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>&nbsp;
---
Discover more ST podcast series:
Green Pulse Podcast: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Health Check Podcast: <a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
ST Sports Talk Podcast: <a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
Life Weekend Picks Podcast: <a href="https://str.sg/JWa2">https://str.sg/JWa2</a>
#PopVultures Podcast: <a href="https://str.sg/JWad">https://str.sg/JWad</a>
Bookmark This! Podcast: <a href="https://str.sg/JWas">https://str.sg/JWas</a>
Lunch With Sumiko Podcast: <a href="https://str.sg/J6hQ" data-saferedirecturl="https://www.google.com/url?q=https://str.sg/J6hQ&amp;source=gmail&amp;ust=1604121592032000&amp;usg=AFQjCNG83H6KB4Ijg1sND-Ork6G7d7pJQQ">https://str.sg/J6hQ</a>
Discover BT Podcasts: <a dir="ltr" href="https://bt.sg/pcPL" data-display="https://bt.sg/pcPL" data-sanitized="https://www.google.com/url?q=https://bt.sg/pcPL&amp;sa=D&amp;source=hangouts&amp;ust=1627384343782000&amp;usg=AFQjCNGW6zayBS6OHQmVg_TqB7_2V1PDfA">https://bt.sg/pcPL</a>
Follow our shows then, if you like short, practical podcasts!

Synopsis: Our ALL-IN-ONE channel showcases our discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, money, career, sports, pop culture and music. 

Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

Synopsis: Our ALL-IN-ONE channel showcases our discussions on Singapore youth perspectives and social issues, geopolitics through an Asian lens, health, climate change, money, career, sports, pop culture and music. 
Follow our shows on your favourite audio apps Apple Podcasts, Spotify or even ST's app, which has a dedicated podcast player section.
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust.

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