Excellence in Broadcasting Network’s Live 91.9FM has been reportedly sold.
Live 91.9 FM is one of the 7 radio stations managed by the EIB Network.
RazzNews.com who broke the news reported that their source is not certain about the buyer.
However, it’s being alleged that Zoomlion Ghana Limited–a giant in the waste management as well as environmental sanitation business has taken over the FM station.
EIB in the past few months has been struggling financially.
Bola Ray who’s the CEO has himself confessed that he struggled for so many months just to pay the outstanding arrears of staff salary.
A lot of big names have also left their arms. The likes of Berla Mundi, Giovanni Caleb has left to TV3 Ghana Network managed by Media General Ghana.
As if that isn’t enough, KOD and Jon Germain who are also very notable voices have left the EIB Network just today.