Multimedia Broadcasting Limited

Multimedia Broadcasting Limited

The Multimedia Group is a media group in Ghana. It was established in 1994 and has six radio stations, three news websites and a satellite television network. The group has won several local and international awards for its leadership in information communication in Ghana and the world. The Multimedia Group commenced with Joy FM.

Multimedia Group now owns six radio stations in the Ashanti Region and Greater Accra Region. The stations are: Joy FM, Luv FM, Nhyira FM, Asempa FM, Hitz FM, Adom FM. The group operates Multi TV, a satellite television station with several channels. Both the TV channel and the radio stations show and broadcast diverse programs from telenovelas to music, infotainment, entertainment, news and current affairs amongst others. Multimedia has presence online via myjoyonline.com.

According to information on the National Communications Authority website, Multimedia Broadcasting Limited is the company that operates Joy FM. However, the company profile at the Registrar General’s Department had Joy FM registered to a company name Multimesia Broadcasting Limited.

Additionally, even though the company now refers to itself as the Multimedia Group, the Registrar General’s Department could not give as any documentation to support that name. According to their website, they operate a number of outlets amongst them Adom TV, Nhyira FM, Asempa FM, Adom FM. According to the NCA, however, Adom TV are Adom FM are registered to Aero Communications Ltd.; Asempa FM to Bell Communications Ltd.; Nhyira FM to Nhyira Media Ltd. The relationship between Aero Communications Ltd., Bell Communications Ltd., Nhyira Media Ltd. and Multimedia Broadcasting Ltd. could not be established.

The Group has successfully built its network of media platforms into national and internationally recognized brands.

Multimedia Group Limited (MGL) has George Kwesi Twum as the majority shareholder with 72.5% shares whilst Ghana Broadcasting Corporation represented by David Anaglate owns 7.5% shares.  George Kwesi Tsum is the founder, CEO, and director of the company which was founded with a vision to create the most influential and credible media brand in Ghana. Arguably, this is so. As a radio station that is noted for its brand and talented staff, Joy FM’s dominance on the landscape throughout the years remains unquestionable.

The Multimedia Broadcasting Limited brought to the people of Accra a new radio station with a new vibe and a whole new mentality from what they had been used to for many years on GBC. The commencement of operations begun with one radio station, Joy FM. Joy FM Ghana's first private and English-speaking private radio station, established as the Country's most authoritative news and entertainment hub. Joy 99.7FM as the first private radio station licensed in Ghana. George Kwesi Twum is not known to own other significant business interests apart from the Multimedia Group Limited.

Key facts

Business Form

private

Legal Form

Limited Liability Company

Business Sectors

Radio and Television Broadcasting

Ownership

Individual Owner

George Kwesi Twum

Kwesi Twum founded Joy FM, the first private radio station in Ghana, and has built a media empire, running Multimedia Group Limited. He is also Executive Council Member of the Ghana Employers’ Association (GEA). According to the company profile from the Registrar General's Department, George Kwesi Twum owns 92.5% shares in Multimedia Broadcasting Group Limited.

92%

Company

Ghana Broadcasting Corporation

The Registrar General's Documents list David Anaglate as minority shareholder for Ghana Broadcasting Corporation. He owns 7.5% shares in Multimedia Broadcasting Limited. GBC is a state-owned enterprise. Its the oldest state-owned media which has presence in all the ten regions with is local broadcasting stations.

8%
Ghana Broadcasting Corporation
Media Outlets
Other Media Outlets

Other TV Outlets

Adom TV

Other Radio Outlets

Joy FM - Frequency 99.7MHz

Other Online Outlets

myjoyonline.com

Facts

Media Business

Radio & Broadcasting

Aero Communications Limited

General Information

Founding Year

1994

Founder

George Kwesi Tsum

Affiliated Interests Founder

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

Employees

Missing Data

Contact

MULTIMEDIA BROADCASTING CO. LTD.;P.O.BOX GP17207, ACCRA;TEL :0302-233558/9,7011999;FAX : 0302-224405;EMAIL :INFO@MYJOYONLINE.Com

Tax/ ID Number

Missing Data

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

George Kwesi Twum – Chief Executive Officer

Non-Executive Board

Mr. Kweku Awotwi – Chairman

Supervisory Board

Missing Data

Further Information

Data Publicly Available

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

2 ♥

Meta Data

Company information on shareholding based on data from the Registerer General's Department. But 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.

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