Murdochs 'Claw'
Tuesday, October 18, 2005
Rupert Murdochs presence will change the face of the local television industry. Its estimated that half of Indonesias 10 national TV stations will find it difficult to survive.
arsip tempo : 173518847198.
FINALLY the onslaught has begun. At the beginning of the month, the television world baron Rupert Murdoch officially gained control over 20 percent of shares in ANTV, the Indonesian television station owned by the Bakrie family.
News on the entry of foreign investors into the domestic television market is not actually new. Over the last few years, foreign investors have already been investing money in local TV stations.
Only, so far, there has not
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