Reading KORAN TEMPO Sunday October 9th 2005, I can conclude that Indonesian sky will be invaded by foreign TV networks.
StarTV, one of Rupert Murdoch’s News Corporation subsidiaries, bought 20% of ANTV. Meanwhile, Lativi, a private TV station owned by Abdul Latief, is said to be bought by TV3 Malaysia next year. The due diligence process is running now.
The biggest move is done by Astro All Asia Network Plc. who has bought 51% of KabelVision, the second biggest pay TV in Indonesia. Astro also “hijacked” Riza Primadi, director of news and current affairs of TransTV. After lebaran day, Riza will move to Kuala Lumpur, Malaysia to build a news provider network for Astro.
I think this is a crucial matter. Indonesia is a potensial market for media companies. With more than 210 million inhabitants, we are number 4 in the world in terms of population. What will it be if media companies in Indonesia is governed by foreign investment?