Transvision (Indonesia)

Last updated

PT Indonusa Telemedia
Transvision
FormerlyTelkomVision (1997–2014)
YesTV (2009–2014)
Company type Subsidiary
Industry Satellite television
Founded7 May 1997 (1997-05-07)
Headquarters,
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
Website www.transvision.co.id

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] Tranvision currently airing through MEASAT-3b satellite (via Ku band frequency) since 2016.

Contents

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. [lower-alpha 1] 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. [5]

Transvision's inaugural logo (2014-2021) TransVision.svg
Transvision's inaugural logo (2014-2021)

In 2013, Trans Corp CEO Chairul Tanjung bought 80% of TelkomVision's share despite being opposed by the House of Representatives. [6] 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. [7] The content development would be handeled by Trans Corp, while Telkom focused on infrastructure provision. [8]

After the acqustion 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. [9]

In July 2023, KC Global Media pulled several channels from Transvision, citing "non-payment of contractual obligations". [10]

Notes

  1. Datakom Asia is a consortium including Anthoni Salim, Peter F. Gontha, and Indosat. [3] [4]

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References

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  2. TelkomVision on Telkom 1 at 108.0°E Channel Number. Archived 2008-06-11 at the Wayback Machine
  3. "Tempo: Indonesia's Weekly News Magazine, Volume 3, Masalah 1-8". 2002. Archived from the original on 30 June 2024. Retrieved 14 March 2023.
  4. "Yearbook of Asia-Pacific Telecommunications". 2000. Archived from the original on 30 June 2024. Retrieved 14 March 2023.
  5. TelkomVision aims to double subscribers Archived 2012-10-10 at the Wayback Machine , The Jakarta Post
  6. "DPR Tidak Terima Alasan Penjualan TelkomVision". sindonews.com (in Indonesian). 5 November 2013. Archived from the original on 6 December 2013. Retrieved 6 September 2024.
  7. Gunawan, Hendra (11 November 2013). "Dahlan Lego TelkomVision ke CT Karena Terus Merugi". Tribunnews.com (in Indonesian). Retrieved 6 September 2024.
  8. "Akusisi TelkomVision, Trans Corp Akan Suplai Konten". kompas.com (in Indonesian). 11 June 2013. Archived from the original on 6 December 2013. Retrieved 6 September 2024.
  9. "Toonz expands with new kids TV channel launched in Indonesia". www.prensario.net (in Spanish). Retrieved 24 August 2024.
  10. "KC Global pulls channels from Indonesia's TransVision". 13 July 2023. Retrieved 24 August 2024.