One Caribbean Media
{{Short description|Holding company in Trinidad and Tobago}}
{{Infobox company
| name = One Caribbean Media Limited (OCM)
| logo = One Caribbean Limited logo.jpg
| logo_size = 200px
| type = Private
| traded_as = {{TTSE|OCM}}
| genre =
| fate =
| predecessor =
| successor =
| foundation =
| founder =
| defunct =
| location_city = Port of Spain
| location_country = Trinidad and Tobago
| location = Port of Spain, Trinidad and Tobago
| locations =
| area_served = Trinidad and Tobago
Barbados
Grenada
St. Lucia
| key_people = Faarees Hosein chairman
Dawn Thomas CEO
Karlene Ng Tang CFO & Company Secretary
| industry = Media
| products = Newspapers, Radio Stations, Broadcasting
| services = Printing, Media Buying, Video Production and Editing
| revenue = {{Unbulleted list|{{decrease}} TT$301.17 million (2024)|TT$317.99 million (2023)}}
| operating_income =
| net_income =
| aum =
| assets = {{Unbulleted list|{{Decrease}} TT$794.16 million (2024)|TT$897.62 million (2023)}}
| equity =
| owner =
| num_employees = 724
| parent =
| divisions = Newspapers
Television
Radio
Internet
New Media
| subsid = The Caribbean Communications Network (CCN) Group (Trinidad and Tobago)
The Nation Corporation Group (Barbados)
| homepage = {{URL|https://ocmgroup.co/t}}
| footnotes =
}}
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,{{Cite web |title=Board of Directors {{!}} One Caribbean Media Limited |url=https://ocmgroup.co/ocmltd/board-of-directors/ |access-date=2025-04-05 |language=en-US}} with the chief executive officer being Dawn Thomas,{{Cite web |last=Sorias |first=Leah |date=2017-06-07 |title=OCM CEO confident of bright future * |url=https://trinidadexpress.com/business/ocm-ceo-confident-of-bright-future/article_d0f9569e-f6a3-54c0-b4e1-b3cbc7a432c7.html |access-date=2025-04-05 |website=Trinidad Express Newspapers |language=en}} and the Chief Financial Officer & Company Secretary being Karlene Ng Tang.{{Cite web |title=Karlene Ng Tang - OCM.TT {{!}} One Caribbean Media Ltd. - Wall Street Journal |url=https://www.wsj.com/market-data/quotes/TT/XTRN/OCM/company-people/executive-profile/160581475 |access-date=2025-04-05 |website=www.wsj.com}} The Trinidad Guardian reported that OCM's revenue for 2024 was TT$301.17 million and total assets as TT$794.16 million .{{Cite web |title=OCM declares loss of $61.77M |url=https://www.guardian.co.tt/business/ocm-declares-loss-of-6177m-6.2.2270816.af909f2751 |access-date=2025-04-05 |website=www.guardian.co.tt |language=en}} The National Investment Fund (NIF),{{Cite web |title=National Investment Fund – Holding Company Limited |url=https://nif-tt.com |access-date=2025-04-05 |website=nif-tt.com}} a government own company, owns 23% shares in OCM.{{Cite web |date=2024-07-11 |title=OCM shareholders reject Govt nominees for board |url=https://trinidadexpress.com/business/ocm-shareholders-reject-govt-nominees-for-board/article_9e06d4d6-3fb1-11ef-b20b-33bf05d5d17a.html |access-date=2025-04-05 |website=Trinidad Express Newspapers |language=en}}{{Cite web |title=NIF Bond – National Investment Fund |url=https://nif-tt.com/nif-bond/ |access-date=2025-04-05 |website=nif-tt.com}}
Prize
Since 2011, the company has sponsored the annual OCM Bocas Prize for Caribbean Literature.[http://www.bocaslitfest.com/ocm-bocas-prize.html The OCM Bocas Prize for Caribbean Literature]
Subsidiaries
The Caribbean Communications Network (CCN) Group (Trinidad and Tobago)
=Newspaper=
=Television=
=Radio=
- One Caribbean Media (60%)
- Klassic Radio
- Sun FM
- Hott 93
=ISPs=
- [https://www.gd.tt/ Green Dot Limited Trinidad and Tobago]
=New Media=
The Nation Corporation Group (Barbados)
=Newspapers=
=Radio=
=New Media=
- One Caribbean Media
- NationNews
- Hott 95.3FM
- VOB
- Love FM
- Life FM
CCCL
- 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
See Also
References
{{Reflist}}
External links
- [http://www.onecaribbeanmedia.net/ One Caribbean Media website]
{{TTSE Composite}}
Category:Mass media companies of Trinidad and Tobago
Category:Mass media in Barbados
Category:Mass media in Trinidad and Tobago
Category:Holding companies established in 2005
Category:Mass media companies established in 2005