Joy News

Joy News is one of the Multi TV satellite channels that broadcast on digital television. The Multi TV channel is a free to air multiple channel digital-direct to home TV service, which belongs to the indigenous Ghanaian Company Multimedia Broadcasting Company Limited. Other channels on Multi TV are Adom TV and Joy Prime.

Joy News has 7.7% audience share among all TV channels in the country, according to GeoPoll, a mobile survey platform (January – March 2017). The report also shows that the station has a nationwide penetration reach of 73%.

Joy News shows current affairs programmes, news bulletins, movies and sports programmes. In the run-up to the December polls in Ghana, a survey conducted by Goodman AMC (a research consulting firm), shows that Joy News’ programme, News File, was the most trusted source of information by respondents during the period.

Joy News is owned by the Multimedia Broadcasting Company Limited of which Mr. Kwasi Twum is the majority shareholder (92.5%) while the Ghana Broadcasting Corporation (GBC) owns 7.5% of the remaining shares. Twum served as an Executive Chairman of Ridgecrest Services Ltd. He is an Executive Council Member of the Ghana Employers’ Association (GEA) and a Member of the Board of SOS Children’s Villages, Ghana. GBC is wholly owned by the government of Ghana.

The Multimedia Broadcasting Company Limited started its operation in 1995 with a radio station called Joy FM broadcasting from Accra. Over the past two decades, the Multimedia Broadcasting Company Limited has grown to become a conglomerate operating other media outlets such as Adom FM, Hitz FM, Asempa FM, Nhyira FM, Luv FM, myjoyonline, adomonline.com etc.

Key facts

Audience Share

7.7%

Ownership Type

Private

Geographic Coverage

National

Content Type

Free - to - air satellite channel

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Multimedia Broadcasting Limited

Ghana Broadcasting Corporation

Ownership

Ownership Structure

Joy News is broadcasted on Multi TV which belongs to the Multimedia Broadcasting Company Limited. Kwesi Twum is majority shareholder (92.5%) and state-owned Ghana Broadcasting Corporation a minority shareholder (7.5%). There was a spelling mistake in the available profile at the Registrar General's Department "Multimesia Broadcasting Limited". According to online information, Multimedia Broadcasting Limited belongs to Multimedia Group Limited. However, no profile was available for Multimedia Group Ltd. at the Registrar General's Department.

Voting Rights

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Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

2009

Founder

George Kwesi Twum

Affiliated Interests Founder

Kwasi Twum founded Joy FM, the first private radio station in Ghana, and he has built a media empire, running Multimedia Group Limited. He is also Executive Council Member of the Ghana Employers’ Association (GEA).

Ceo

George Kwesi Twum

Affiliated Interests Ceo

see above

Editor-In-Chief

Israel Laryea

Other Important People

David Anaglate

Affiliated Interests other important people

Director of Multimedia Broadcasting Limited

Contact

Multimedia Company Ltd.;355 Faanofa Street, Kokomlemle,P.O. Box GP 17202, Accra

Financial Information

Revenue (in Mill. $)

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Operating Profit (in Mill. $)

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Advertising (in % of total funding)

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Market Share

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  • Project by
    MFWA LOGO
  •  
    Reporters without borders
  • Funded by
    BMZ
  • With kind support from
    GeoPoll