Panic at Media Max limited Kameme Tv, People Daily and K24 as well as Milele Fm is at other stages as word circulating online that the company has marked about 100 staff to face the axe due to bad economy.
Close sources from the company have hinted to Opera News that Kmeme Tv will highly be affected as all staffs might be scrapped off as it has been making loses since its launch.
The company is owned by Kenyatta Family who are majority shareholders while DP Ruto is also said to own substantial shares through Milele Fm.
Already K24 has signed an agreement with KTN to be using its content in cost-cutting strategy as its expected to fire about 60 per cent of the staffs.
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