PT Visi Media Asia Tbk
 | This article reads like a press release or a news article or is largely based on routine coverage or sensationalism. (October 2020) |
| Public | |
| Traded as | IDX: VIVA |
| ISIN | 🆔 |
| Industry | Mass media |
| Founded 📆 | 2004 |
| Founder 👔 | Anindya Bakrie |
| Headquarters 🏙️ | Wisma Bakrie 2, 7th Floor Jalan H.R. Rasuna Said, Karet Kuningan Setiabudi |
Area served 🗺️ | |
Key people | Anindya Bakrie |
| Products 📟 | Broadcasting, cable television, online media |
| Revenue🤑 |  Rp 2.658 trillion (2016) |
| Rp 756.3 billion (2016) | |
| Rp 477 billion (2016) | |
| Total assets | Rp 6.836 trillion (2016) |
| Total equity | Rp 2.627 trillion (2016) |
| Owner | Bakrie Group |
| Members | |
Number of employees | 2,892 (2016) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
PT Visi Media Asia Tbk also known as VIVA Group is an integrated media company headquartered in Jakarta, Indonesia. VIVA Group is a business subsidiary of Bakrie Global Ventura of Bakrie Group. The company is currently led by Anindya Novyan Bakrie, as the President Director of the company. VIVA Group is a publicly traded company (trading as: VIVA) listed on Indonesia Stock Exchange (IDX) since 2011. VIVA is operating in television broadcasting and digital media services.[1] The company operates tvOne, a news television station; ANTV, which provides entertainment, lifestyle, and sports content for women and children; and viva.co.id, an online news portal.[1]
History[edit]
Visi Media Asia was started in 2004 by Bakrie Global Ventura. It provides news, sports, and lifestyle content on traditional and online platforms. It owns two television channels, tvOne and ANTV, and the online news website VIVANews (now VIVA.co.id), which has an application available for BlackBerry, SMS, Android, and Brew.[2]
On April 30, 2006, Rupert Murdoch's News Corporation through STAR TV and Fox International Channels bought a 20% stake in ANTV. In 2007, ANTV changed its logo and focused on programs for children and female audiences.[3]
In 2008, tvOne call sign was launched as a television station focused on news and sports for the ABC 15+ audience segment.[4] In 2009, Murdoch’s StarTV divested all of its shares ownership in ANTV, and through its subsidiary Fast Plus Limited, obtained a 7.5% share ownership in VIVA.[5]
In 2012, Visi Media Asia acquired FIFA World Cup 2014 Brazil exclusive broadcasting covering FTA Rights, Pay TV Rights, Radio Rights, Mobile Rights, and IPTV Rights. All matches in the competition were broadcast nationally on FTA channel ANTV and tvOne.[6]
In 2013, Visi Media Asia and other subsidiaries of Bakrie Group faced a huge financial crisis. The Bakrie family decided to sell their majority interest in Visi Media Asia to buy coal assets from London-listed Bumi Plc. Offering approximately 51% of the stakes, they received a number of bids, including two from MNC Group, CT Corp. and Elang Mahkota Teknologi (which controls SCTV).
The Bakries sought a valuation of $1.2-2 billion for the media unit, although Viva’s market capitalization was only $845 million.[7]
In 2019, VIVA Group made an undisclosed investment in BumiLangit Studios, Indonesian character based entertainment company in Indonesia, that managed 500 superheroes characters including a 2019 theater hit Gundala.[8]
Corporate Governance[edit]
[edit]
Shareholder composition based on the latest Visi Media Asia annual report;[9]
- PT. Bakrie Global Ventura 53,69%
- PT. Trinugraha Thohir Media Partners 0,79%
- Credit Suisse 8,74%
- Public 36,77 %
Board Members[edit]
- Anindya Novyan Bakrie - President Director
- Anindra Ardiansyah Bakrie - Vice President Director
- Neil R. Tobing - Corporate Secretary/Director
- David E. Burke - Director
- M. Sahid Mahudie - Director
- Otis Hahyari - Director
- Rosan Perkasa Roeslani - President Commissioner
- Omar Luthfi Anwar - Commissioner
- Robertus Bismarka Kurniawan - Commissioner
- Ilham Akbar Habibie - Independent Commissioner
- Setyanto Santosa - Independent Commissioner
Corporate Structure[edit]
PT. Visi Media Asia (VIVA Group)
- PT. Inter Media Capital (MDIA)
- PT. Lativi Media Karya (tvOne)
- PT. Viva Media Baru (Viva.co.id)
Former broadcast media[edit]
Sport Production House[edit]
- Bakrie Viva Sport (BV Sport)
Operations[edit]
Free-to-air (FTA) television[edit]
ANTV[edit]
ANTV was repositioned to be a TV station that focuses on entertainment content for families, women, and children. Lifestyle and entertainment content broadcast by ANTV have attracted viewers nationwide.[10]
tvONe[edit]
Since 2008, tvOne programs have been dominated by news, current affairs, talk shows and documentaries.[11] The Indonesian Lawyers Club (ILC) talk show as the leading talk show program was awarded Panasonic Gobel Awards in 2013 and 2014.[12]
Digital Portals[edit]
VIVA.co.id[edit]
Through its subsidiary PT. Viva Media Baru, VIVA operates an online news and community portal named VIVA.co.id. PT Viva Media Baru operates some portals: VIVAnews (news portal), VIVAbola (sports portal), VIVAlife (lifestyle portal), VIVAlog (blog sharing platform), VIVAforum (discussion forum), VIVAsocio (social platform) and Gonla.com (booking service).[13]
Financial data[edit]
Visi Media Asia Tbk (VIVA) posted a net profit of 72.92 billion Indonesian rupiah in 2012. This marked an increase of about 177% compared to the 2011 net profit of 26.26 billion rupiah. In its financial report, net-profit growth triggered the increase of income to 1.24 trillion rupiah, which was an increase from 992.63 billion rupiah in 2011. Meanwhile, the company's total assets during 2012 reached 2.99 trillion rupiah, increasing 23% compared to total assets of 2.42 trillion rupiah in 2011.[14]
References[edit]
- ↑ 1.0 1.1 "Visi Media Asia Tbk. (VIVA.JK) Company Profile & Facts - Yahoo Finance". finance.yahoo.com. Retrieved 2020-07-18.
- ↑ "Visi Media Asia Tbk PT". Bllomberg.com. Retrieved 4 June 2013.
- ↑ Shmavonian, Karl. "Next Tycoons: Anindya Bakrie Assembles a Media Powerhouse In Indonesia". Forbes. Retrieved 2020-07-10.
- ↑ "Lativi Menjadi TVOne". Tempo. 2008-02-13. Retrieved 2020-07-10.
- ↑ Company history. "VIVA Group Annual Report 2019" (PDF). Unknown parameter
|url-status=ignored (help) - ↑ "VIVA secures World Cup broadcasting rights for Indonesia | News | Rapid TV News". www.rapidtvnews.com. Retrieved 2020-07-10.
- ↑ "Bakrie Group plan to Offering Majority Stake in Visi Media Asia". indosuperstocks.com. 2013-02-09. Retrieved 2013-09-06.
- ↑ saleh, tahir. "Siapa 3 Emiten Penyokong Jagat Sinema Bumilangit? - Halaman 3". market (in Bahasa Indonesia). Retrieved 2020-07-10.
- ↑ "Shareholders Composition « PT. VISI MEDIA ASIA Tbk". www.vivagroup.co.id. Retrieved 2020-07-10.
- ↑ Ekonomi, Warta (2016-09-03). "ANTV Bertransformasi Jadi TV Wanita". Warta Ekonomi (in Bahasa Indonesia). Retrieved 2020-07-19.
- ↑ "tvOne, Nama Baru Lativi". detikfinance (in Bahasa Indonesia). Retrieved 2020-07-19.
- ↑ VIVA, PT VIVA MEDIA BARU- (2018-12-07). "Karni Ilyas dan ILC Menang Panasonic Gobel Awards 2018". www.viva.co.id (in Bahasa Indonesia). Retrieved 2020-07-19.
- ↑ "Viva Media Baru PT". Investing.businessweek.com. Retrieved 2013-09-06.
- ↑ "Financial Data". Tribunnews.com. Retrieved 2013-09-06.
External link[edit]
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