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Zylofon Media ‘Abandons’ Ghana Movie Awards After Reportedly Buying It For $5Million; Leaves It For Fred Nuamah Again

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The current right owners of the Ghana Movie Awards franchise, Zylofon Media has disassociated itself from this year’s award scheme after being unable to organize the awards scheme after buying the full rights from the former owner, Fred Nuamah for some $5 million.

Fred Nuamah has announced that the movie awards scheme will run this year after it came to a standstill after the 2016 edition. Nominations for filmmakers and actors to submit their films has been opened and ends on November 25th but Zylofon Media in a press statement says, they are not a part of it.

Fred Nuamah

The press statement from Zylofon Media comes after Fred Nuamah has said in an interview with Ghkasa.com that, Zylofon Media is still on the scheme with them.

The PRO of the company, Sammy Baah in a press statement copied to Ghbase.com stated that although Zylofon Media is not against the move by Fred to hold the awards scheme, they are not a part of it in any way and as such will not be part of the planning or even provide any financing to the awards scheme.

TheNewsGh.Com finds the decision by Zylofon Media shocking and we can understand considering the troubles their sister company, Menzgold finds itself in, it makes sense that, they are not ready and in a position to organise it although they have bought the rights.

Anyways, read their full press statement below:

The general public, the media and stakeholders in the movie industry should be notified that as much as Zylofon Media has every right to organize what we know as the Ghana Movie Awards, this year`s organization does not involve officials or management of Zylofon Media.

Since our organization (Zylofon Media) started the partnership with our strategic partners of the scheme in 2016, there were plans to organize it in subsequent years but due to our organizational agenda and timing, we intend to consider doing it next year which fits well in our plans and activities. That notwithstanding, the initial franchise owners see the need to organize their own event.

This move Zylofon Media is not against. However, we wish to state emphatically that we have no contribution to the organization of this year`s (2018) event. We are not involved financially. We are not providing logistics, neither are we part of planning of the event. Therefore, the general public should disregard any involvement or attachment of our brand to the news making rounds that Zylofon Media is part of the organization.

In due time, we will communicate our calendar to the media, the general public and stakeholders in the movie industry as regards the organization of our film awards to be known as ZYLOFON FILMS AWARDS

We wish them well in all their endeavors as they embark on this journey.

Signed

Sammy Flex

Communications Director: Zylofon Media

 

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