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Media Nusantara Citra

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This article is about the media group. For the parent company, see MNC Asia Holding. For the former television channel, see MNC Channel.

PT Media Nusantara Citra Tbk
Company typePublic
IDX: MNCN
IndustryMass media
Founded17 June 1997; 27 years ago (1997-06-17)
FounderSutjiati
M. Tahir
Chairil Amri
Yenny Kandou
HeadquartersMNC Tower
Jalan Kebon Sirih Raya No. 17-19, Kebon Sirih, Jakarta,
Indonesia
Key people
Hary Tanoesoedibjo
(President Commissioner) President Director: Noersing Director: Tantan Sumartana
Kanti Mirdiati Imansyah
Dini Putri
Ruby Panjaitan
Services
RevenueIncrease Rp 8.353 trillion (2019)
Increase Rp 2.352 trillion (2019)
Total assetsIncrease Rp 17.836 trillion (2019)
Total equityIncrease Rp 12.525 trillion (2019)
ParentMNC Asia Holding (via Global Mediacom [id])
Subsidiaries
Websitewww.mnc.co.id

PT Media Nusantara Citra Tbk, a.k.a. the MNC Media, or MNC, is an Indonesian media company. MNC's core businesses are content production. The group owns and operates four free-to-air television networks – RCTI, MNCTV, GTV, and iNews – as well as 19 pay television channels under MNC Channels division. MNC has other supporting media-based businesses. These include radio, print media, talent management, and a production house. The company operates as an integrated media company.[1]

History

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It was founded on 17 June 1997 as PT Panca Andika Mandiri.[2]

It was renamed to the present name on 12 September 2002.

It listed its shares on the Indonesia Stock Exchange (IDX) on 22 June 2007 under the ticker symbol MNCN.[3] In June 2016, MNCN received an investment from Creador, a private equity firm in Southeast and South Asia. The investment helped expand production facilities and enhance free-to-air services across an underpenetrated Indonesian market.[4]

Ownership

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It is owned by PT Global Mediacom Tbk (formerly PT Bimantara Citra Tbk), which in turn is owned by MNC Asia Holding. On 17 October 2011, Los Angeles–based investment company Saban Capital Group acquired a 7.5% stake.[5]

Business

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MNC is the largest free-to-air market network in Indonesia. The group has three pay television networks, Indovision, Okevision and Top TV.[6] It operates Sindo Media which includes Koran Sindo newspaper, a portal sindonews.com, and Sindo Weekly Magazine. Other portals include Okezone, Celebrities.id, and Sportstars.id.

Logo history

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  • The first logo of Media Nusantara Citra (2002–2009).
    The first logo of Media Nusantara Citra (2002–2009).
  • The fourth logo of Media Nusantara Citra (since 20 May 2015). (in PNG)
    The fourth logo of Media Nusantara Citra (since 20 May 2015). (in PNG)
  • The fourth logo of Media Nusantara Citra (since 20 May 2015). (in SVG)
    The fourth logo of Media Nusantara Citra (since 20 May 2015). (in SVG)
  • The fourth logo of MNC Media (since 20 May 2015).
    The fourth logo of MNC Media (since 20 May 2015).

See also

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References

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  1. ^ "MEDIA NUSANTARA CITRA TBK PT (MNCN:Indonesia): Stock Quote & Company Profile - Businessweek". Businessweek.com. Archived from the original on 22 October 2014.
  2. ^ "Indonesia-Investments.com:Media Nusantara Citra company profile". 8 April 2014.
  3. ^ "PT. Media Nusantara Citra Tbk - Overview". mnc.co.id. Archived from the original on 4 February 2019. Retrieved 20 October 2014.
  4. ^ "Creador confirms MNC Skyvision investment - AVCJ".
  5. ^ "MNC Lego 7,5% Sahamnya ke Saban Capital Rp1.000/Saham". economy.okezone.com.
  6. ^ Cahyafitri, Raras (1 April 2014). "Owner does not always deserve to be boss: Hary". The Jakarta Post. Retrieved 1 October 2020.
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