The embattled CEO of Menzgold and Zylofon Media has stated he does not regret investing in the entertainment industry.

Speaking at his first press conference since his release, NAM1 born Nana Appiah Mensah said that he made a business decision not to benefit right away from the industry but help grow it for generational value.

“Everything, you have seen with Zylofon, the unfortunate issues and other things are calculated. We are hoping for a better future for the Zylofon media,” he said.

To, however, sort out and grow Zylofon Media, the embattled CEO hopes to first settle his customers with Menzgold and all other related issues. 

He explained that the team at Zylofon Media would revamp the company to achieve a well vibrant digital market for entertainers.

“There would be a better Zylofon tomorrow but for now our doors are always opened,” he said. 

Since its inception, Zylofon Media dived into almost all the different aspects of entertainment including music, fashion and movies.

The company altogether signed 12 industry persons.

Zylofon Music signed Dancehall sensations Stonebwoy and Shatta Wale, Becca, Highlife act Kumi Guitar, rapper Kumi Guitar and gospel musician Joyce blessing.

From left to right: Becca, Stonebwoy, Obibini, Kumi Guitar, Shatta Wale and Joyce Blessing

The media company ventured into movies by signing actors Bibi Bright, James Gardiner, Toosweet Annan, Benedicta Gafah and Zynnell Zuh.

From left to right: James Gardiner, Bibi Bright, Benedicta Gafah, Zynnell Zuh and Toosweet Annan

Zylofon Media also signed fashion designer Sima Brew.

Sima Brew

They also created Zylofon Cash which helped artistes to monetise their creativity. It allowed artistes signed or unsigned by the company to post their videos which inturn generate money for them, depending on the clicks and views.

Zylofon Media also had other ventures including the Zylofon Art Fund, a scheme structured to support the various creative arts sectors in the country both locally and internationally, to boost the prominence of the Arts and Tourism in Ghana. 

The company also had Zylofon Art Club, which groomed up and coming artiste under the supervision of the late producer and composer, Willi Roi – Head of A&R for the club.