Monalisa Chinda Losses Millions On Her Magazine Business: Monalisa Chinda has
shown us over time how an actress can easily turn into a business woman
and she is not finding it funny at the
moment. First was her court case
with a former staff whom she referred to as half baked, now, we are
informed that the actress and publisher is currently in debt over her
newly published magazine that debuted in the market few weeks ago.
While the actress Monalisa Chinda is currently trying to run the
second edition of the self-named magazine, sources in the know says that
the magazine is not selling in the markets and vendors have stopped
picking up the magazine for display. An informed source says the
magazine which is been sold for five thousand naira per copy has about
three hundred and thirty six pages. Sources also says the few that was
put up for sale in Ghana is also not doing well at all. We heard the
actress had pumped in over five million naira into publishing the
international standard magazine.
We heard Monalisa and her management team has returned to the drawing
board to re-strategize on how to re-enter the market with the next
publication that is nearing completion if not ready for publishing. The
magazine is a fashion and life style publication. This is not the first
time the magazine that was once published by Mona’s former boy friend,
Lanre Nzeribe, will be running into troubled waters. Monalisa started
publishing after the magazine went defunct after their relationship.
Well, that’s part of the business of publishing…
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