Joseph Matalon, Chairman of the RJRGLEANER Communications Group
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Joseph Matalon
The management of the RJRGLEANER Communications Group is moving to transform the company to tackle the new digital age.
The Group, which owns Radio Jamaica, made a loss of more than $500 million for the year ended March 31.
But on Wednesday, chairman of the RJRGLEANER Group Joseph Matalon declared that the company "must act with equal boldness to secure our future" in light of a "seismic shift" in how audiences engage with media.
To achieve this goal, Mr. Matalon said the company is "moving away from legacy structures and cultures that no longer serve us".
"The integration of Radio Jamaica Limited and the Gleaner Company Limited was just the first step and one, quite frankly, we have not followed through on with the energy required. Now we must accelerate efforts to function as a truly unified, agile organisation," he conceded.
A key part of this change, he added, is capitalising on digital revenue streams and fully embracing that the future is digital.
Mr. Matalon was addressing the RJRGLEANER Group's Annual General Meeting on Wednesday.
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