African Media Entertainment Limited provided earnings guidance for the interim period ended 30 September 2019. For the period, the losses per share are expected to be between 75 and 95 cents per share, representing a decrease of between 144.5% and 156.4% as compared to the earnings of 168.4 cents per share reported for the interim period ended 30 September 2018. This is the result of the loss on deemed disposal of Classic FM South Africa (Pty) Ltd. due to it being placed under voluntary business rescue.