Further exemptions for state owned media regarding Pay TV

Further exemptions for state owned media regarding Pay TV

By fijivillage.com
Friday 22/02/2013
An amendment has been made to the Media Industry Development Decree that now gives a state owned media organization a further exemption for pay television services.

This would give state owned broadcaster, Fiji Broadcasting Corporation the option to get into a joint venture with foreign companies as long as FBC owns 15 percent of the shares in a Pay TV venture.

Under the new amendment gazetted by the President, it states that the sections in the Media Decree dealing with foreign ownership and cross media ownership do not apply for any media organization that broadcasts only entertainment programmes via pay TV if the organization operates in a joint venture or partnership with a state owned media organization.

The exemption states that the state owned media organization shall hold at least 15 percent of the joint venture or partnership and there shall be at least one representative of the state owned media organization on the board of the joint venture.

Under the 2010 Media Decree, the ownership rules for other media organizations is that they can only have 10 percent foreign ownership and 90 percent of the company has to be owned by Fiji citizens permanently residing in Fiji.

Only the state owned media organization is allowed to run more than one type of medium under the current cross media ownership laws.

When questioned, FBC CEO, Riyaz Sayed-Khaiyum said FBC has been too busy concentrating on its current radio and TV operations in the country to give the Pay TV issue any thought, but he says the corporation may contemplate about it at a later stage.

We have also sent questions to the Attorney General and Public Enterprises Minister, Aiyaz Sayed-Khaiyum on the reason behind the amendment.


Story by:
Vijay Narayan and Ronal Deo
FEATURE NEWS
Why is Health Ministry trying to oust IWA - Compain
Direct attempts were made earlier this week by the Ministry of Health to disengage from the International Women’s Association who have been voluntar...
2 hours ago
LATEST NEWS
FCCC to begin market inquiry in the grocery sector
The Fijian Competition Consumer Commission will undertake a market inquiry into the pricing practice of the entire industry, which will commence on ...
6 minutes ago

ABV provides targeting training for small business entrepreneurs to boost their business
In a bid to bring strong business skills from Australia to Fiji to help small business entrepreneurs, the THRIVE Program provides targeting training ...
37 minutes ago

28-year-old man dies in Tabia accident this morning
A 28-year-old man has died in an accident at Tabia in Labasa this morning. Police say the man was driving along the Labasa to Seaqaqa Road at ...
46 minutes ago

Fiji Airways joins forces with Porter Airlines as new interline partner
Fiji Airways has signed an interline agreement with Toronto based Porter Airlines, which provides services in Canada and the United States of ...
2 hours ago

70,000 to 80,000 people leaving Fiji in the last 18 months affects economy – Prof. Prasad
About 8 percent or 70,000 to 80,000 of the Fijian population has left the country in the last 18 months which is indicating towards a weaker consumer ...
3 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
SODELPA Management Board instructs Gavoka to hand over Education portfolio to Radrodro
The SODELPA Management Board has now asked SODELPA’s Parliamentary Leader and Deputy Prime Minister, Viliame Gavoka to relinquish his Education ...
6 hours ago

Bainimarama and Qiliho's Acquittal Appeal
Coverage on the appeal filed by Acting Director of Public Prosecutions, John Rabuku against the acquittal of the former Prime Minister Voreqe ...
15 days ago

National Program Manager for Fiji 7s, Gareth Baber appears on fijivillage Straight Talk With Vijay Narayan
Gareth Baber appeared on fijivillage Straight Talk With Vijay Narayan to share his plans heading into the preparations for the upcoming tournaments ...
16 days ago

TOP