• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Profitability challenges plague Ghanaian media outlets – Report

2 years ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
Microphones during press conference

Microphones during press conference

106
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Profitability challenges plague Ghanaian media outlets – Report

Ghana’s media industry is undergoing a significant transformation as financial viability remains a major concern for many media organisations. According to the 2023 State of the Ghanaian Media Report, most media outlets in Ghana are only able to break even, making it difficult for them to invest in new technology, hire and retain staff, and produce high-quality content.

The study, which was conducted by a leading media research firm, highlighted the challenges facing Ghanaian media organisations, including declining advertising revenue, increasing operational costs, and the difficulty in attracting investors.

One of the key drivers of these challenges is the country’s economic environment. Ghana’s economy has been characterised by high inflation rates, currency instability, and weak economic growth, which have adversely affected the advertising market. As a result, advertising revenue has significantly declined in recent years, making it difficult for media organisations to generate enough revenue to sustain their operations.

In response to these challenges, Ghanaian media outlets are exploring innovative business models to stay afloat. Many are turning to digitisation, which allows them to reach a wider audience while reducing operational costs. Digital platforms such as social media, podcasts, and online news websites are becoming an increasingly popular source of revenue for media outlets in Ghana.

In addition to digitisation, some media organisations in Ghana are engaging in conglomerate arrangements to pool resources and reduce operational costs. This approach enables media outlets to share content, advertising revenue and distribution channels, while also gaining access to new markets and audiences.

Events marketing is another business model being explored by Ghanaian media outlets to increase revenue streams. Media organisations are leveraging their audiences and brand to organise events such as conferences, concerts, and workshops, which generate revenue through ticket sales, sponsorships, and advertising.

RelatedPosts

FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition; Lists Innovative Financing Instruments to Plug Transition Funding Shortfall

Kwesi Appiah: The Ghanaian Legend Rewriting Sudan’s Football Story Amid War

Cadillac Signs Sergio Perez and Valtteri Bottas for 2026 F1 Debut

Crowdfunding is also becoming an increasingly popular way for media organisations to raise funds. Crowdfunding platforms such as Kickstarter, Indiegogo, and GoFundMe enable media outlets to raise money from individuals and organisations interested in supporting their work.

Despite these innovative business models, the report notes that Ghanaian media outlets are still facing significant challenges. One of the main threats to their financial health is industry saturation. The media industry in Ghana is highly competitive, with a large number of outlets vying for the same advertising revenue. This saturation has led to a decline in advertising rates, further eroding revenue streams for media organisations.

Digital technologies are also disrupting traditional media financing models in Ghana, leading to further uncertainty for the industry. The rise of digital advertising has challenged the traditional advertising models, leading to a decline in advertising rates for traditional media.

The Ghanaian media industry faces significant challenges that require innovative thinking and creative solutions to overcome. The report highlights the need for media organisations to diversify their revenue streams, reduce operational costs, and invest in new technologies to remain competitive in an industry that is undergoing significant transformation.

Tags: Ghanaian media outletsProfitability challenges plague Ghanaian media outlets - Report
No Result
View All Result

Highlights

FEC 2025: Energy Minister Warns African Gov’ts Cannot Sustain Energy Financing Burden; Urges Stronger Private Sector Role in Continent’s Energy Financing

ACEP Pushes for Bold Financing Models to Tackle Africa’s Energy Poverty at FEC 2025

The Rise of Women-Tailored Insurance Policies in Africa

Energy Ministry, NPA Engage Industry on Proposed Petroleum Sector Legislation

President Mahama Targets Billion-dollar Ghana–Singapore Trade in 24-Hour Economy Pitch to Investors

Unpaid Taxes “Very Frightening”, Says Hon. Nana Osei-Adjei

Trending

Energy

FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition; Lists Innovative Financing Instruments to Plug Transition Funding Shortfall

August 26, 2025

FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition; Lists Innovative Financing Instruments to...

Kwesi Appiah: The Ghanaian Legend Rewriting Sudan’s Football Story Amid War

August 26, 2025

Cadillac Signs Sergio Perez and Valtteri Bottas for 2026 F1 Debut

August 26, 2025

FEC 2025: Energy Minister Warns African Gov’ts Cannot Sustain Energy Financing Burden; Urges Stronger Private Sector Role in Continent’s Energy Financing

August 26, 2025

ACEP Pushes for Bold Financing Models to Tackle Africa’s Energy Poverty at FEC 2025

August 26, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.