Members of staff at state-owned Caribbean New Media Group have been told by newly appointed acting Chief Executive Officer, Julian Rogers, that the company must find US$10 million to upgrade the company.
In a meeting with staff today as he took up the new position, Rogers said there are no plans to close CNMG anytime soon.
He told the staff that for the Government hopes to eventually stop subventions to the State-owned media organisation.
He said the organisation must be in a good position to be divested.
It is in that regard that he called on staff members to help make the company profitable.
He said the company must find a way to draw more viewers particularly to the television station but said there is at present no fund available to rebrand the company or to contribute to new equipment and programming.
Rogers had served in a senior position at CCN TV6 where he hosted the morning show but was refused a renewal of his work permit under the Panday-regime.
Many believed Rogers' challenges to the then Government during his on-air stint had led to him being denied the permit.
In November began chairing public consultations on CNMG and was later appointed the consultant on news and programming.
His appointment as acting CEO was not publicly announced by the Ministry of Communications.
Timothy Alfonso has been appointed to act as chairman of CNMG.
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