Media tycoon Bambang Hary Iswanto Tanoesoedibjo plans to acquire Blitz Megaplex, own by Ananda Siregar through listed media company PT Media Nusantara Citra Tbk.
Ananda Siregar and David Hilmancreate Blitz with supporting fund from Quvat Management Pte Ltd, own by Tom Lembong and Prada Perdana Investasi. Tom Lembong, eks Divison Head Asset Management Investment Indonesian Bank Restructuring Agency (IBRA/Badan Penyehatan Perbankan Nasional/BPPN)
Media Nusantara Citra plans to spend up to Rp 1
trillion ($110 million) to construct a building in the capital for its
affiliate companies, including Saban Capital Group, a Los Angeles-based
investment firm.
The building will have 45 floors and cover 1,064 square meters in Central Jakarta near MNC Tower, the office of MNC’s parent company Global Mediacomm and other affiliates.
The building will have 45 floors and cover 1,064 square meters in Central Jakarta near MNC Tower, the office of MNC’s parent company Global Mediacomm and other affiliates.
MNC runs three national free-to-air television networks — RCTI, MNC TV
and Global TV — with nearly 40 percent audience share, according to
Nielsen research. It also owns a newspaper, a tabloid, a magazine, radio
networks, online media, an advertising agency and a talent management
agency.
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