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One Caribbean Media

From Wikipedia, the free encyclopedia

One Caribbean Media Limited (OCM)
TypePrivate
TTSE: OCM
IndustryMedia
HeadquartersPort of Spain, Trinidad and Tobago
Area served
Trinidad and Tobago
Barbados
Grenada
St. Lucia
Key people
Faarees Hosein chairman
Dawn Thomas CEO
Karlene Ng Tang CFO & Company Secretary
ProductsNewspapers, Radio Stations, Broadcasting
ServicesPrinting, Media Buying, Video Production and Editing
Revenue
  • Decrease TT$301.17 million (2024)
  • TT$317.99 million (2023)
Total assets
  • Decrease TT$794.16 million (2024)
  • TT$897.62 million (2023)
Number of employees
724
DivisionsNewspapers
Television
Radio
Internet
New Media
SubsidiariesThe Caribbean Communications Network (CCN) Group (Trinidad and Tobago)
The Nation Corporation Group (Barbados)
Websiteocmgroup.co/t

One Caribbean Media Ltd (OCM) is a vertically integrated holding company based in Port of Spain, Trinidad and Tobago. The new company was founded in December 2005, following the merger of the Caribbean Communications Network (CCN) of Trinidad and Tobago, and the Nation Corporation of Barbados. The merger of the respective conglomerates was pursued after both companies held a sizable financial stake in each other for a number of years.

The company still currently holds a large financial stake in both the Jamaica Observer, Jamaica's daily newspaper, as well as Guyana's Stabroek News.

The current chairman is Faarees Hosein,[1] with the chief executive officer being Dawn Thomas,[2] and the Chief Financial Officer & Company Secretary being Karlene Ng Tang.[3] The Trinidad Guardian reported that OCM's revenue for 2024 was TT$301.17 million and total assets as TT$794.16 million.[4] The National Investment Fund (NIF),[5] a government own company, owns 23% shares in OCM.[6][7]

Prize

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Since 2011, the company has sponsored the annual OCM Bocas Prize for Caribbean Literature.[8]

Subsidiaries

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The Caribbean Communications Network (CCN) Group (Trinidad and Tobago)

Newspaper

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Television

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Radio

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  • One Caribbean Media (60%)

ISPs

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New Media

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The Nation Corporation Group (Barbados)

Newspapers

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Radio

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New Media

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CCCL

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  • Hott 93.5FM (Trinidad)
  • The Wave 93.7/94.5FM (St. Lucia)
  • The Caribbean Super Station (CSS) (Antigua, Barbuda, British Virgin Islands, Grenada, Montserrat, St. Lucia, St. Kitts, Nevis and Trinidad)

Citadel Group

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See also

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References

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  1. "Board of Directors | One Caribbean Media Limited". Retrieved 5 April 2025.
  2. Sorias, Leah (7 June 2017). "OCM CEO confident of bright future *". Trinidad Express Newspapers. Retrieved 5 April 2025.
  3. "Karlene Ng Tang - OCM.TT | One Caribbean Media Ltd. - Wall Street Journal". www.wsj.com. Retrieved 5 April 2025.
  4. "OCM declares loss of $61.77M". www.guardian.co.tt. 2 April 2025. Retrieved 5 April 2025.
  5. "National Investment Fund – Holding Company Limited". nif-tt.com. Retrieved 5 April 2025.
  6. "OCM shareholders reject Govt nominees for board". Trinidad Express Newspapers. 11 July 2024. Retrieved 5 April 2025.
  7. "NIF Bond – National Investment Fund". nif-tt.com. Retrieved 5 April 2025.
  8. "The OCM Bocas Prize for Caribbean Literature". Archived from the original on 24 April 2012. Retrieved 3 May 2012.
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