Astro Malaysia Holdings

Last updated

Astro Malaysia Holdings Berhad
Company type Public
MYX: 6399
ISIN MYL6399OO009
Industry Mass media
Founded1 June 1996
HeadquartersAll Asia Broadcast Centre (AABC), Taman Teknologi Malaysia, Bukit Jalil, 57000 Kuala Lumpur, Malaysia
Area served
South East Asia
Key people
Tunku Ali Redhauddin, Chairman
Euan Smith, CEO
Products Pay television
Broadcasting
Publishing
RevenueIncrease2.svg RM4,790.7 million (2014) [1]
Decrease2.svg RM569.2 million (2014) [1]
Increase2.svg RM447.8 million (2014) [1]
Number of employees
4,454 (2013) [2]
Subsidiaries
Website corporate.astro.com.my

Astro Malaysia Holdings Berhad (MYX : 6399) is a Malaysian media and entertainment holding company that began as a paid digital satellite radio and television service, Astro. The company is owned by Usaha Tegas Sdn. Bhd., which also owns Astro Overseas Limited. It serves 5.7 million homes or 72% of Malaysian TV households, 7,500 enterprises, 17.2 million weekly radio listeners (FM and digital), 14.7 million digital monthly unique visitors and 3.1 million shoppers across its TV, radio, digital and commerce platforms. [3]

Contents

History

On 1 June 1996, Astro Malaysia Holdings was headquartered at Bukit Jalil and launched its own satellite subscription service. At the same time, the MEASAT satellite network began with the launch of MEASAT 1. The new pay-television service named Astro launched and started broadcasting with 22 television channels and 8 music channels. The launch of more MEASAT satellites from 1998 onward allowed Astro to begin expanding its services.

The company achieved the Multimedia Super Corridor status in year 1997. In 2003, it acquired Celestial Pictures. After two years, Astro bought an Indian radio station in Malaysia by the name of THR.fm. It also launched its first IPTV subscription service based on content licensed from Goal TV. It also bought Yes Television (Hong Kong) Limited and Goal TV Asia Limited to distribute broadband and television content in the region.

In 2006, Rohana Rozhan, CFO of AAAN, was elected as CEO of Astro Malaysia. On that same year, Astro launched Astro MAX, its first PVR service. In 2007, it launched its first VOD service, adding Hong Kong TVB dramas to the platform.

On 28 April 2008, Astro cảm xúc was launched in Vietnam as a joint venture with HTV. It was also picked up by Vietnam Cable Television to be carried nationally. On 14 June 2010, AAAN was delisted from the Main Market of Bursa Malaysia Securities following a successful takeover offer by Usaha Tegas Sdn Bhd. Thus, its company name was changed to Astro Holdings Sdn Bhd. In 2012, the company was listed again on Malaysia's stock market.

Subsidiaries

Related Research Articles

Tatparanandam Ananda Krishnan is a Malaysian-Tamil entrepreneur, the Chairman of Usaha Tegas Sdn. Bhd. and founder of Yu Cai Foundation (YCF). Nicknamed A.K., currently he is estimated to have a net worth of US$5.8 billion according to Forbes' latest annual list of wealthiest people, making him the third-wealthiest in Malaysia.

<span class="mw-page-title-main">Television in Malaysia</span>

Malaysian television broadcasting was introduced on 28 December 1963. Colour television was introduced on 28 December 1978. Full-time colour transmissions were officially inaugurated on New Year's Day 1982. There are currently 16 national free-to-air terrestrial television channels in Malaysia and 3 national pay subscription television operators in Malaysia.

Commercial broadcasting is the broadcasting of television programs and radio programming by privately owned corporate media, as opposed to state sponsorship, for example. It was the United States' first model of radio during the 1920s, in contrast with the public television model during the 1930s, 1940s, and 1950s, which prevailed worldwide, except in the United States, Mexico, and Brazil, until the 1980s.

U Television Sdn. Bhd. is Malaysia's third pay television operator. It was launched on 5 September 2005, after having obtained all the necessary approvals from the censorship board on its broadcast contents. The company initially offered 40 channels from content providers worldwide.

Celestial Movies (天映频道) is an Asian 24-hour Chinese movie channel, which screens films from and shows interviews with movie stars and directors, entertainment news and film award ceremonies. The channel is available in 11 territories across Asia Pacific, including Mainland China, Hong Kong, Malaysia, Philippines, Singapore, Indonesia, Thailand, Sri Lanka, Vietnam and other countries in Asia.

CableView Services Sdn. Bhd., operating as Mega TV was Malaysia's first ever subscription-based pay television service. It was incorporated on 18 October 1994 and began transmissions on 1 November 1995 and was operated by Sistem Televisyen Malaysia Berhad (TV3), is a Malaysian free-to-air television network owned and operated by Malaysian Resources Corporation Berhad (MRCB).

<span class="mw-page-title-main">Media Prima</span> Malaysian integrated media company

Media Prima Berhad, also abbreviated as MPB, is a Malaysian media company based in Petaling Jaya, Selangor. It is the largest media and entertainment conglomerate in Malaysia with business interests in television, print, radio, out-of-home advertising, content creation and digital media. Media Prima employs over 5,000 staffs in total, of whom approximately 1,300 are in private-sector broadcasting. The company forms half of the mass media duopoly in the country along with Astro.

MEASAT Satellite Systems Sdn. Bhd., formerly Binariang Satellite Systems Sdn. Bhd., is a Malaysian communications satellite operator that owns and operates the MEASAT and AFRICASAT spacecraft. The company provides satellite services to leading Malaysian broadcasters Direct-To-Home, (DTH) platforms and telecom operators. With capacity across six communication satellites, the company provides satellite services to over 150 countries.

Celestial Pictures is a diversified entertainment based company focusing on Asian-language film and television content including production, aggregation, distribution, and the operation of TV channels.

<span class="mw-page-title-main">National Space Agency (Malaysia)</span> Malaysian National Space Agency

The National Space Agency, abbreviated ANGKASA, was the national space agency of Malaysia. It was established in 2002 and its charter aims to upgrade, stimulate and foster the country's space programme through integrated and coordinated efforts by developing and applying space technologies.

Kristal Astro was a sole operator of Brunei's multi-channel pay-TV service. It was officially launched on January 24, 2000. The company is a joint-venture between Kristal Sdn. Bhd. and Malaysia's MEASAT Broadcast Network Systems Sdn. Bhd., a subsidiary of Astro Malaysia Holdings Berhad.

<span class="mw-page-title-main">Astro Radio</span> Malaysian radio network company

Astro Radio is a Malaysian radio network company which operates radio broadcasting services and more since 1996. It is a wholly owned subsidiary of Astro Malaysia Holdings Berhad. Astro Radio owns and manages 13 private radio stations which are transmitted through the FM radio spectrum. As of November 2021, Astro Radio still remains as the number one and largest radio network company in Malaysia with 77.7% of Peninsular Malaysians and 15.6 million listeners tuning in to its stations weekly, together with its Media Prima counterpart, Media Prima Audio, according to the GfK Radio Audience Measurement (RAM) Wave 1 in October 2021. Era being at top of the list with the most audience reach estimated at 6,000,000 listeners, followed by Sinar and Gegar.

<span class="mw-page-title-main">MEASAT-3</span>

MEASAT-3 was a Malaysian communications satellite which was successfully launched on 11 December 2006 from the Baikonur Cosmodrome in Kazakhstan.

<span class="mw-page-title-main">Sun Direct</span> Indian satellite television provider

Sun Direct is an Indian subscription based satellite television service provider, owned by Sun Group. It was launched in December 2007. It transmits digital satellite television and audio to households in India. Sun Direct uses MPEG-4 digital compression, transmitting HD Channels and SD Channels on MEASAT-3 at 91.5°E.

<span class="mw-page-title-main">IJM Corporation</span>

IJM Corporation Berhad is one of Malaysia's leading conglomerates and is listed on the Main Market of Bursa Malaysia Securities Berhad. Its core business activities encompass construction, property development, manufacturing and quarrying, Infrastructure concessions and plantations. Headquartered in Selangor, Malaysia, IJM's regional aspirations have seen it establish a growing presence in neighbouring developing markets with operations presently spanning 10 countries, with primary focus in Malaysia, Singapore, Australia, United Arab Emirates, China, Indonesia and India.

<span class="mw-page-title-main">Astro (company)</span> Malaysian direct broadcast satellite pay TV service

All-Asian Satellite Television and Radio Operator, doing business as Astro, is a Malaysian satellite television, streaming television and IPTV provider. Astro is a wholly-owned subsidiary of Astro Malaysia Holdings Berhad and is operated by MEASAT Broadcast Network Systems Sdn. Bhd. It operates from the All Asia Broadcast Centre (AABC) in Kuala Lumpur and MEASAT in Cyberjaya.

<span class="mw-page-title-main">Science and technology in Malaysia</span>

Science policy in Malaysia is regulated by the Ministry of Science, Technology, and Innovation. The ministry focuses on five areas: biotechnology, ICT policy, industry, sea to space and core science and technology. Other ministries, such as the Ministry of Agriculture and the Ministry of Health also have science departments. Training in scientific areas was promoted during the 1970s and 1980s. From 1987 to 1997 research and development used 0.24% of GNP, and in 1998 high-tech exports made up 54% of Malaysia's manufactured exports.

<span class="mw-page-title-main">Usaha Tegas</span>

Usaha Tegas Sdn. Bhd. is a Malaysian investment holding company led by billionaire Ananda Krishnan. Its principal investments include telecommunications, media, property, and oil & gas companies. Through itself or its subsidiaries, it holds significant interests in the public-listed entities Maxis Berhad, Astro Malaysia Holdings Berhad, and Bumi Armada Berhad.

<span class="mw-page-title-main">Datastream Digital</span> Brunei Telecommunications Company

Datastream Digital Sdn Bhd. (DST), formerly DataStream Technology Sdn Bhd, is a Brunei-based government-linked conglomerate headquartered in the DST Group Building in Bandar Seri Begawan, Brunei. It was established in 1995 and as of December 2021 has at least 420,000 subscribers.

References

  1. 1 2 3 "Quarterly Report for the Fourth Quarter Ended 31 January 2014" (PDF). Astro Malaysia Holdings Bhd. 31 March 2014. Archived from the original (PDF) on 23 September 2015. Retrieved 12 April 2014.
  2. "go beyond: annual report 2013" (PDF). Astro Malaysia Holdings Bhd. Retrieved 12 April 2014.[ dead link ]
  3. "About Us". corporate.astro.com.my. Retrieved 29 March 2022.