{"id":13809,"date":"2019-01-07T00:15:04","date_gmt":"2019-01-07T00:15:04","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=13809"},"modified":"2019-01-07T00:15:04","modified_gmt":"2019-01-07T00:15:04","slug":"zylofon-music-record-label-is-in-financial-crisis-pro","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=13809","title":{"rendered":"Zylofon Music record label is in financial crisis \u2013 PRO"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13810\" src=\"https:\/\/www.kumasionlinegh.com\/wp-content\/uploads\/2019\/01\/asamoah.jpg\" alt=\"\" width=\"719\" height=\"528\" srcset=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2019\/01\/asamoah.jpg 719w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2019\/01\/asamoah-410x300.jpg 410w\" sizes=\"auto, (max-width: 719px) 100vw, 719px\" \/><\/p>\n<p>The Public Relations Officer (PRO) of Zylofon Music, Arnold Asamoah Baidoo has disclosed that the record label is currently facing challenges.<\/p>\n<p>Speaking on Peace FM\u2019s \u2018Entertainment Review\u2019 on Saturday, he noted that there has been a lull in the record label\u2019s activities due to financial crisis.<\/p>\n<p>In his explanation, Arnold said the challenges are as a result of the current problems the parent company Menzgold is plunged in.<\/p>\n<blockquote><p>\u201cAs we all know Menzgold has been facing some challenges in recent times and it is expected that as a sister company to Zylofon Music, the record label would encounter crisis too,\u201d he stated.<\/p><\/blockquote>\n<p>This comes on the back of rumours that the company has asked some of its managers to resign and that some of its artistes were on their way to exit the record label.<\/p>\n<figure id=\"attachment_472822\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-472822 disappear mom_appear\" src=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2019\/01\/Joyce-Blessing.jpg\" sizes=\"auto, (max-width: 569px) 100vw, 569px\" srcset=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2019\/01\/Joyce-Blessing.jpg 1574w, https:\/\/citinewsroom.com\/wp-content\/uploads\/2019\/01\/Joyce-Blessing-300x199.jpg 300w, https:\/\/citinewsroom.com\/wp-content\/uploads\/2019\/01\/Joyce-Blessing-768x508.jpg 768w, https:\/\/citinewsroom.com\/wp-content\/uploads\/2019\/01\/Joyce-Blessing-1024x678.jpg 1024w\" alt=\"\" width=\"569\" height=\"377\" \/><figcaption class=\"wp-caption-text\">Joyce Blessing<\/figcaption><\/figure>\n<p>Even though gospel musician Joyce Blessing has refuted claims that she has left Zylofon Music record label, Arnold also stated on Peace FM that it is possible some of the artistes may bale out of the company in the midst of the crisis.<\/p>\n<blockquote><p>\u201cAs we speak, Joyce Blessing is part of the record label. No artiste has left but the possibility of they leaving in times like this, is imminent,\u201d he added.<\/p><\/blockquote>\n<p>At the moment some of the artistes are relying on their own means to promote their projects and craft.<\/p>\n<p>Joyce Blessing is currently promoting her new single dubbed \u2018Repent\u2019 which unlike previous, bear no signature of Zylofon Music.<\/p>\n<p>Zylofon Music stepped the threshold of Ghana\u2019s entertainment industry in 2017 when they signed highlife musician Kumi Guitar.<\/p>\n<figure id=\"attachment_407963\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407963 disappear mom_appear\" src=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/06\/Kumi-Guitar.jpg\" sizes=\"auto, (max-width: 641px) 100vw, 641px\" srcset=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/06\/Kumi-Guitar.jpg 503w, https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/06\/Kumi-Guitar-300x212.jpg 300w\" alt=\"\" width=\"641\" height=\"453\" \/><figcaption class=\"wp-caption-text\">Kumi Guitar<\/figcaption><\/figure>\n<p>They later brought on artistes like Stonebwoy, Joyce Blessing, Becca, Obibini and Shatta Wale.<\/p>\n<p>Founder by Nana Appiah Mensah who also owns Menzgold, the Zylofon Media conglomerate has under its umbrella other companies like the Zylofon Arts Club, Zylofon Arts Fund, Zylofon Movies, Zylofon Cash, Zylofon FM and Zylofon TV.<\/p>\n<figure id=\"attachment_429037\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-429037 disappear mom_appear\" src=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/08\/Nana-Appiah-Mensah.png\" sizes=\"auto, (max-width: 686px) 100vw, 686px\" srcset=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/08\/Nana-Appiah-Mensah.png 686w, https:\/\/citinewsroom.com\/wp-content\/uploads\/2018\/08\/Nana-Appiah-Mensah-300x189.png 300w\" alt=\"\" width=\"686\" height=\"432\" \/><figcaption class=\"wp-caption-text\">Nana Appiah Mensah<\/figcaption><\/figure>\n<p>At present, Menzgold Ghana Limited, a gold trading firm has been ordered by the Securities and Exchange Commission to suspend its operations.<\/p>\n<p>According to SEC, Menzgold does not have the license to trade in gold collectibles from the public.<\/p>\n<p>\u2013<\/p>\n<p>Source: Citinewsroom.com | Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Public Relations Officer (PRO) of Zylofon Music, Arnold Asamoah Baidoo has disclosed that the record label is currently facing challenges. Speaking on Peace FM\u2019s \u2018Entertainment Review\u2019 on Saturday, he noted that there has been a lull in the record label\u2019s activities due to financial crisis. In his explanation, Arnold said the challenges are as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[37],"tags":[],"class_list":["post-13809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zylofon Music record label is in financial crisis \u2013 PRO - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=13809\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zylofon Music record label is in financial crisis \u2013 PRO - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"The Public Relations Officer (PRO) of Zylofon Music, Arnold Asamoah Baidoo has disclosed that the record label is currently facing challenges. 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