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.
Audience Share
7.7%
Ownership Type
Private
Geographic Coverage
National
Content Type
Free - to - air satellite channel
Media Companies / Groups
Multimedia Broadcasting Limited
Ghana Broadcasting Corporation
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
Missing Data
Individual Owner
Company
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
Dr. (Col.) Daniel Twum
Henry Dei
Isaac Quartey
Kwasi Lorantef
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. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Meta Data
Audience share from TV Stations based on a Geopoll report (Jan.-March 2017).
Registrar General’s Department. Date of Registration 1995-02-27. Multimedia Broadcasting Company Limited – BN-60,226. Accessed in May 2017. Available upon request.
