DhiTV interested in commercial arrangement with public broadcaster TVM
01 Feb 2010, 9:19 PM
Privately-owned television station DhiTV is among six parties to have expressed interest in a joint venture arrangement with the ailing Maldives National Broadcasting Company (MNBC), which broadcasts rival channels including Television Maldives (TVM) and Voice of Maldives (VOM).
DhiTV CEO Yoosuf Nawaal said the station had approached MNBC and offered to buy TVM’s land for Rf100 million (US$7.78 million), “and they would pay us a monthly rent of Rf1 million (US$77,800).”
“We actually gave them quite a clean business offer; in terms of interest it was about 10 per cent,” Nawaal said, adding that DhiTV was only interested in the land not the property on it as “TVM’s equipment and staff are quite old.”
As for the broadcaster’s independence, “they would be running the show and we would not be involved.”
Become a member
Get full access to our archive and personalise your experience.
Already a member?
Discussion
No comments yet. Be the first to share your thoughts!
No comments yet. Be the first to join the conversation!
Join the Conversation
Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.
