Friday, October 28, 2005

TV3, 8tv, Ch9 and NTV7 under one roof ?

Taken fron The Star Oct 28, 2005... Biznews...

"MEDIA PRIMA BHD has agreed to buy Natseven TV Sdn Bhd which owns and operates rival tv station ntv7, for RM90 million after helping the company deal with its debts..."

We have in total 6 free-to-air channels, with two of them being government-owned. With four under the same owner, wouldn't that trigger an anti-trust/monopoly action ?

Another implication would be streamlining of operations.. which usually means that there will definitely be a reduction in staff..

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