Transvision (Indonesia) Explained

PT Indonusa Telemedia
Type:Subsidiary
Industry:Satellite television
Trade Name:Transvision
Former Name:TelkomVision (1997–2014)
YesTV (2009–2014)
Hq Location City:Jakarta
Hq Location Country:Indonesia
Area Served:Indonesia
Key People:Chairul Tanjung (President Commissioner)
Ishadi S.K. (Commissioner)
Peter F. Gontha (Co-founder and President Director)
Atiek Nur Wahyuni (Vice President Director)
Hengkie Liwanto (Director)
Owner:Trans Media (PT Indonusa Telemedia)[1]
Parent:CT Corp

PT Indonusa Telemedia, operating under the brand name Transvision (formerly TelkomVision and YesTV), is a subscription-based direct broadcast satellite service provider in Indonesia. It is primarily owned by Trans Media, a subsidiary of CT Corp, and the founding company Telkom Indonesia via TelkomMetra as the minority holder.[2] Transvision currently airing through MEASAT-3b satellite (via Ku band frequency) since 2016.

Transvision's slogan is Broadcasting at The Edge of Technology.

History

PT Indonusa Telemedia was established on 7 May 1997, under the brand name TelkomVision, by a consortium of shareholders, including PT Telekomunikasi Indonesia Tbk (Telkom), PT Telekomindo Primabhakti (part of Rajawali Corpora), PT Rajawali Citra Televisi Indonesia (RCTI), and PT Datakom Asia. Operations commenced in December 1998 with the early 200 subscribers.

By 2003, Telkom became the principal shareholder, holding 98.75% of TelkomVision shares, with the remaining 1.25% owned by Datakom. As of April 2011, TelkomVision had 200,000 subscribers.[3]

In 2013, Trans Corp CEO Chairul Tanjung bought 80% of TelkomVision's share despite being opposed by the House of Representatives.[4] Then-Minister of State-Owned Enterprises Dahlan Iskan made an intervention to the acquisition process. TelkomVision was considered stagnant in its revenue though has a well prospect as a senior in satellite TV industry.[5] The content development would be handled by Trans Corp, while Telkom focused on infrastructure provision.[6]

After the acquisition process completed, on 14 May 2014, TelkomVision was rebranded as Transvision, as TelkomVision shareholders held only 20% ownership, with Trans Media emerging as the primary stakeholder, holding 80%.

In November 2021, Toonz Media Group launched a bilingual kid's channel called "Toonz Kids", dubbed in Indonesian.[7]

In July 2023, KC Global Media pulled several channels from Transvision, citing "non-payment of contractual obligations".[8]

External links

Notes and References

  1. Web site: Artikel: Chairul Tanjung ambil alih Telkom Vision . 2013-07-02 . 2014-10-30 . https://web.archive.org/web/20141030231902/http://edisi.harian.detik.com/?xml=Sore&iid=78032#folio=10 . dead .
  2. http://www.lyngsat.com/packages/telkomvision_sid.html TelkomVision on Telkom 1 at 108.0°E Channel Number.
  3. http://www.thejakartapost.com/news/2011/05/11/telkomvision-aims-double-subscribers.html TelkomVision aims to double subscribers
  4. News: 2013-11-05 . DPR Tidak Terima Alasan Penjualan TelkomVision . dead . https://web.archive.org/web/20131206205014/http://ekbis.sindonews.com/read/2013/11/05/32/801986/dpr-tak-terima-alasan-penjualan-telkomvision . 2013-12-06 . 2024-09-06 . sindonews.com . id.
  5. Web site: Gunawan . Hendra . 2013-11-11 . Dahlan Lego TelkomVision ke CT Karena Terus Merugi . 2024-09-06 . Tribunnews.com . id-ID.
  6. News: 2013-06-11 . Akusisi TelkomVision, Trans Corp Akan Suplai Konten . dead . https://web.archive.org/web/20131206231822/http://bisniskeuangan.kompas.com/read/2013/06/11/15561247 . 2013-12-06 . 2024-09-06 . . Id.
  7. Web site: Toonz expands with new kids TV channel launched in Indonesia . 2024-08-24 . www.prensario.net . es.
  8. Web site: 2023-07-13 . KC Global pulls channels from Indonesia's TransVision . 2024-08-24 . en-GB.