Michael Lee-Chin’s AIC Barbados sells CVM-TV Loop Jamaica
Black Immigrant Daily News
More power issues for customers across other parishes – JPS
No report of major flooding in Portmore, says Mayor Thomas
Michael Lee-Chin’s AIC Barbados sells CVM-TV
2022 Census to set new Digicel LTE data usage record
JMMB to launch remittance card, scan-to-pay options
Sagicor launches Community Heroes Awards
Cuba approves same-sex marriage in unusual referendum
Canada won’t require masks on planes, drops vaccine mandate
Pepsi-Cola makes US$2-m investment in local Tropicana production
1 hrs ago – Updated
“CVM TV is an essential part of the fabric of Jamaica and we have been privileged to steward it over these past several years,” said Michael Lee-Chin, the chairman of AIC Barbados.
NEWYou can now listen to Loop News articles!
AIC Barbados Limited has announced the completion of the sale of CVM Television Limited (CVM-TV) to VertiCast Media Group.
CVM-TV is one of two 24-hour free-to-air broadcasters in Jamaica providing islandwide coverage.
Michael Lee-Chin, Chairman of AIC Barbados Limited, expressed: “Our mantra is ‘prosperitas cum curitate’, which means ‘doing well by doing good’.
Lee-Chin added: “CVM TV is an essential part of the fabric of Jamaica and we have been privileged to steward it over these past several years. We believe VertiCast is the perfect fit to carry on CVM’s expansion regionally.”
CVM-TV CEO Shamena Khan commented: “having transformed CVM-TV to a fully HD broadcaster that is a leader in the media space, we depart with enormous pride in the legacy of developing a transformative, committed and talented team of individuals and a profitable media entity.”
“I thank the staff of CVM for their efforts and contributions over the years. We are certain that VertiCast will continue to lead CVM’s expansion with its strong and experienced management team,” she added.
Meanwhile, Oliver McIntosh, VertiCast CEO, expressed, “CVM-TV creates significant operational and strategic value for VertiCast, allowing centralized distribution of multiple channels over-the-air, on cable television.”
More From
Had decried rampant shootings, double murder in parish only hours before
“Being part of a company that makes you feel loved, supported and included is one of the best feelings we could ever experience,” signed Lesline Aiken, a deaf Verification Clerk at National Commercial
The Meteorological Service is urging people in Jamaica to be mindful of flash flooding across sections of the island Monday, as it announced that a flash flood warning is now in effect for additional
Social media users hail victim for having done good deeds
Venice Irving among 16 Jamaicans awarded Chevening Scholarhips
Remote learning for students in parishes impacted by heavy rain associated with Tropical Storm Ian
NewsAmericasNow.com
Leave a Reply
Want to join the discussion?Feel free to contribute!