(CMR) Media acquisitions in Cayman are at an all-time high as it was revealed today DMS Organization has purchased local online classified company Ecay (EcayTrade and EcayOnline).
They shared that Ecay will be combined with DMS Broadcasting to create the largest marketing audience – delivering the most “eyes” and “ears” – across the Cayman Islands.
The merger will now mean that existing DMS clients can take advantage of the popular online format as well as the airwaves and vice versa.
They further noted that:
“We are planning significant upgrades and updates to our services, our platforms, and our client experience, so join us in the excitement of forming the Cayman Islands’ “most powerful name in media.”
This announcement comes it was formally announced that Pinnacle Media/Cayman Compass would be purchasing Hurley's Media's four radio stations.
In related news, the 15-year-old media company will be launching two new radio stations of their own in 2021. Development is at an advanced stage and targeted launch in the first quarter of next year. That will bring their station complement to six; the largest radio group on the island.
DMS Broadcasting currently includes stations Hot 104.1, X107.1, 106.1 Kiss FM and 96.5 Cayrock located off Godfrey Nixon Way in George Town.
DMS Organization Ltd. (DMS) is a business conglomerate engaged in the real estate, insurance and media industries and was started in 1996. Their headquarters is located at 20 Genesis Close.
EcayTrade is an online classifieds business for the Cayman Islands where the public can buy, sell, and trade goods and services. EcayOnline offers an online search engine that provides you information about living, working, visiting or investing in the Cayman Islands.
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