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YOUR MOVE PART 2: A Merger Of CVM, The Observer And Grove Broadcasting?
The only move left for Gordon ‘Butch’ Stewart, now is for him to finally make a business decision regarding the future of the Jamaica Observer. Those are the words of renowned Psychologist, Dr. Leahcim Semaj.
According to the Jamaica Observer Chairman, the merger between the Gleaner and Radio Jamaica is a bold one ‘in a challenging environment, especially for print media.’ He says ‘the merger is admirable, notwithstanding the fact that we (the Observer and the Gleaner) are competitors. It will improve the ability of both companies to survive in an environment made even more difficult by the emergence of social media which, while not as credible as traditional media, enjoys popularity’.
While most believe that Stewart should merge with CVM TV, Dr. Semaj believes he should go one step further by also approaching the Grove Broadcasting Company which is inclusive of Zip 103FM and Irie FM. He says following the recent passing of Chairman, Founder and managing director, Karl Young four years ago and the death of his son and successor, Chad Young earlier this year, the company is now ripe for acquisition. The psychologist says a merger of CVM, the Observer and Grove Broadcasting would be the only acceptable response to the Gleaner/ RJR merger.
The above extract is taken from the September 7 Issue of Businessuite Magazine. It is the third in a series of reviews of the general opinions and issues surrounding the initial announcement of the merger of RJR and the Gleaner.
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