Caribbean New Media Group (CNMG), the state owned media company, formally TTT, has totalled millions in losses since its inception in 2007. The company was closed in 2005 and a new fully equipped entity was recreated in 2007 by the PNM government. This new entity was expected to be the leader in broadcasting, given its state of the art equipment, and high salaries paid to attract the best talent.
Upon the change of government in May 2010, Brian Stone was appointed chairman of the Board. Ken Ali, a journalist, was appointed interim CEO in 2010. The company continued to lose money and continues to depend on state subventions to stay afloat. Stone resigned earlier this year and Grenfell Kissoon, former managing director of Guardian Media Limited, was appointed chairman to replace him earlier this month.
Kissoon has had a long and successful media management career, and is highly regarded as one of the best managers in the industry. He retired from all Board and executive positions in the ANSA McAL group in April 2010. Kissoon, who started his media management career at TTT and was able to turn around the performance of the company from his first year of appointment, has managed in all arms of the media, print, radio and television.
Kissoon meets the company in worse financial circumstances than he encountered in 1988. The Sunday Guardian spoke with Kissoon about his plans and the prospect for CNMG, given the dismal performance to date and the competitive environment in which it operates.
Kissoon said he was persuaded to take up the position on the grounds that he should "do some public service." He explained that the mandate from the line minister, Dr Surujrattan Rambachan, is to embark upon more public service broadcasting and to reduce the dependence on the treasury to zero.
Kissoon explained that the shareholder (the Government) wants to use the state-owned media as a key instrument in moulding and developing a better society. In this regard, the programming in prime time will shift from pure entertainment "largely in the form of foreign programmes" to more local productions designed to educate, inspire and energise the population towards achievement, growth, positive attitudes and nation building.
The programmes should be able to mould better societal values, he noted, and give people a better sense of self and purpose and inspire and energise them towards building a better society. Asked if this is not political, Kissoon replied that all that he has outlined is what good governance should be about, and if it is incidentally political, that is good.
Kissoon said that from a personal point of view, he wanted to devote his retirement years to sharing his knowledge and contributing value to his fellowmen, and society at large. Kisson has embarked on "Executive Coaching" in his consulting business, since he felt he had considerable knowledge and expertise which could be of benefit towards shaping the attitudes of aspiring managers.
Asked whether he was confident of achieving the mandate, Kissoon said he always took his responsibilities seriously, and this assignment will be no different. He said that the skill set he acquired over the years positioned him well to treat with the challenges at CNMG. He said he has enjoyed an excellent professional relationship with the line minister over the years, and that they shared a common vision for CNMG and this makes his job easier.
