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The second Indonesian 24 hours Program Channel focusing on Entertainment contents such as drama serials, sitcoms, reality shows and many others. Currently, MNC Entertainment is broadcasted through Indovision on channel 90.

 
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Highlights

GLOBAL MEDIACOM INCREASES ITS STAKES IN MNC SKY VISION

Jakarta, Indonesia - June 16th, 2010

 

On June 2nd, 2010, PT Global Mediacom Tbk (“Mediacom”) has converted the mandatory exchangeable bonds into 1,525,268,700 shares of PT MNC Sky Vision (“MNC SV”). The bond conversion have enlarged Mediacom`s ownership in MNC SV from 51% to 75.54%.

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RAKUTEN ENTERS INDONESIA`S E-COMMERCE MARKET BY FORMING A JOINT VENTURE WITH PT GLOBAL MEDIACOM TBK

Rakuten enters Indonesia’s E-commerce Market by forming a Joint Venture with PT
Global Mediacom Tbk, Indonesia’s largest media company.
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GLOBAL MEDIACOM HAS CONVENED 2009 AGMS AND EGMS

Jakarta, Indonesia – April 27, 2010

 

PT Global Mediacom Tbk (Mediacom or the Company) has convened an Annual General Meeting of Shareholders (AGMS) today to report on the financial statements for the year ended December 31, 2009.

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Global Mediacom Investor Release 2009 Financial Result Ending 31 December

GLOBAL MEDIACOM REVENUE FROM CONTINUING OPERATIONS HAS INCREASED BY 5% Y-O-Y AND BOOKED STRONG PERFORMANCE DURING FIRST TWO MONTHS OF 2010

Jakarta, Indonesia – 31st March 2010

PT Global Mediacom Tbk (“Mediacom”) recorded consolidated revenue of Rp5.03 trillion for the period ended 31st December 2009 from Rp5.38 trillion for the period ended 31st December 2008 (please see Figure 1). In November 2009, Mediacom has divested the remaining 19% stake in PT Mobile-8 Telecom Tbk. With the divestment in the telco sector, Mediacom has focused its activities in the media business encompassing content and advertising-based media and subscribers-based media. Therefore, Revenues from Continuing Operations (excluding Telco) has increased by 5% y-o-y to Rp5.03 trillion.

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