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Media Prima
Media Prima Berhad (; Trade name, doing business as Media Prima and stylized in Letter case, lowercase title), also abbreviated as MPB, is a Media of Malaysia, Malaysian media company based in Bangsar, Kuala Lumpur. It is the largest media and entertainment conglomerate in Malaysia with business interests in television, print, radio, out-of-home advertising, content creation and digital media. As of 2023, Media Prima employs over 6,000 staffs in total, of whom approximately 1,300 are in private-sector broadcasting. The company forms half of the mass media duopoly in the country along with Astro (company), Astro. Established in 2000 as Profitune Sdn Bhd and originally started out as a multimedia company, Media Prima evolved to its current state with its present name in 2002 and began operations a year later after the demerger of MRCB, Malaysian Resources Corporation Berhad's (MRCB) media assets. The company operates four television channels — TV3 (Malaysian TV network), TV3, NTV7 ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ...
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Kuala Lumpur
Kuala Lumpur (KL), officially the Federal Territory of Kuala Lumpur, is the capital city and a Federal Territories of Malaysia, federal territory of Malaysia. It is the largest city in the country, covering an area of with a census population of 2,075,600 . Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 8.8 million people as of 2024. It is among the fastest growing metropolitan regions in Southeast Asia, both in population and economic development. The city serves as the cultural, financial, tourism, political and economic centre of Malaysia. It is also home to the Parliament of Malaysia, Malaysian parliament (consisting of the Dewan Rakyat and the Dewan Negara) and the Istana Negara, Jalan Tuanku Abdul Halim, Istana Negara, the official residence of the King of Malaysia, monarch (''Yang di-Pertuan Agong''). Kuala Lumpur was first developed around 1857 as a town serving the tin mining, tin mines of the region, and important figures such as Ya ...
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MRCB
The Malaysian Resources Corporation Berhad (, commonly referred to as MRCB) is a Malaysian construction and property development company based in Kuala Lumpur. It is the master developer of the Kuala Lumpur Sentral transport hub and business district. With the EPF as a significant shareholder (38 percent), MRCB is considered a government-linked company (GLC) in Malaysian business circles. History MRCB was founded in 1968 as Perak Carbide Corporation Sdn Bhd, a carbide manufacturer, and went public in 1971. In 1981, it shifted its business focus to property development and took on its present name. Since the 1990s, MRCB has led a consortium also comprising Keretapi Tanah Melayu and Pembinaan Redzai to develop and construct KL Sentral, the largest transportation hub in Malaysia. KL Sentral is the intersection of KTM Komuter, ETS, Rapid Rail (LRT and monorail), Express Rail Link to Kuala Lumpur International Airport and the newly opened KVMRT Sungai Buloh-Kajang line. The b ...
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Business Times (Malaysia)
The ''Business Times'' of Kuala Lumpur has been published in Malaysia since 4 October 1976. It is part of the New Straits Times Press unit of Media Prima. The newspaper has been incorporated with the ''New Straits Times'' since 1 June 2002. History The ''Business Times'' originally distributed with ''The Straits Times'', both published in Singapore. After new law in both Singapore (1975) and Malaysia (1970s) regarding ownership of the publisher, the ''New Straits Times The ''New Straits Times'' is an English-language newspaper published in Malaysia. It is Malaysia's oldest newspaper still in print (though not the first), having been founded as a local offshoot of Singapore-based ''The Straits Ti ...'' was founded in Kuala Lumpur based on the Malaysian edition of ''The Straits Times''. The ''Business Times'' followed the foundation of the ''New Straits Times'' and its rebirth in Kuala Lumpur. External links Business Times of Kuala Lumpur Media Prima Newsp ...
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World Intellectual Property Organization
The World Intellectual Property Organization (WIPO; (OMPI)) is one of the 15 specialized agencies of the United Nations (UN). Pursuant to the 1967 Convention Establishing the World Intellectual Property Organization, WIPO was created to promote and protect intellectual property (IP) across the world by cooperating with countries as well as international organizations. It began operations on 26 April 1970 when the convention entered into force. The current Director General is Singaporean Daren Tang, former head of the Intellectual Property Office of Singapore, who began his term on 1 October 2020. WIPO's activities include: hosting forums to discuss and shape international IP rules and policies, providing global services that register and protect IP in different countries, resolving transboundary IP disputes, helping connect IP systems through uniform standards and infrastructure, and serving as a general reference database on all IP matters; this includes providing report ...
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Astro (company)
All-Asian Satellite Television and Radio Operator, doing business as Astro (stylized in lowercase title), is a Malaysian pay satellite television, streaming television and IPTV provider. Astro is a wholly-owned subsidiary of Astro Malaysia Holdings Berhad and is operated by MEASAT Broadcast Network Systems Sdn. Bhd. It operates from the All Asia Broadcast Centre (AABC) in Kuala Lumpur and MEASAT in Cyberjaya. Astro First It forms part of the mass media duopoly in the country alongside Media Prima. Astro launched the high-definition platform Astro B.yond in 2009 and the IPTV platform Astro IPTV in 2011, with the latter targeted at consumers who were unable to receive the company's satellite services. The ultra high-definition (UHD) platform Astro Ultra was launched at the end of 2019 while the full high-definition (FHD) platform (replacement of Astro B.yond in future) called Astro Ulti was introduced in the mid of 2021. Astro formerly operated in Indonesia from 2006 to 20 ...
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Duopoly
A duopoly (from Greek , ; and , ) is a type of oligopoly where two firms have dominant or exclusive control over a market, and most (if not all) of the competition within that market occurs directly between them. Duopoly is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer choice cannot affect the firm in a duopoly market, as the defining characteristic of duopolies is that decisions made by each seller are dependent on what the other competitor does. Duopolies can exist in various forms, such as Cournot, Bertrand, or Stackelberg competition. These models demonstrate how firms in a duopoly can compete on output or price, depending on the assumptions made about firm behavior and market conditions. Similar features are discernible in national political systems of party duopoly. Duopoly models in economics and game theory Cournot duopoly Cournot model in game theor ...
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Harian Metro
Harian Metro is a Malaysian daily newspaper published in the Malay language by the New Straits Times Press. Established in March 1991, it was Malaysia's first afternoon Malay-language tabloid in the Klang Valley, distinguishing it from the morning tabloids common in other parts of the country. Harian Metro is recognized as the first and oldest Malay-language tabloid and is currently the highest-circulating newspaper in Malaysia, across all languages. In response to the changing demographics of urban readers, the newspaper shifted its focus to cater to a younger audience interested in entertainment, shopping, lifestyle features, and current events. On 17 July 2006, Harian Metro underwent a layout redesign to remain relevant and appealing to its readers. This update introduced new sections, including "Rap" and " Variasi." Later, on 11 April 2009, the newspaper expanded its content further with new pullouts, such as "GIGS" and "EKSTRA," along with an increase in the cover price ...
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Berita Harian
''BH'', previously known as ''Berita Harian'', is a Malay daily newspaper in Malaysia, published by the New Straits Times Press. It was first issued on 1 July 1957. Its Sunday edition, ''BH Ahad'' (formerly ''Berita Minggu''), debuted on 10th of July 1960. By 2004, ''Berita Harian'' had a daily circulation of around 238,000 copies. Pricing strategies were adjusted to accommodate readers in different regions, such as Sabah and Sarawak. History BH was the first Romanized Malay morning newspaper when it launched on 1 July 1957. On 10 July 1960, it introduced ''Berita Minggu'', the first romanized Malay Sunday newspaper. During its early years, the publication mirrored ''The Straits Times'' in content, was priced at RM0.15, and operated with a small editorial team of eight members. Abdul Samad Ismail was appointed as the first editor in April 1958. Several milestones followed: * 1966: BH introduced a revised masthead. * 1968: The Sunday edition featured Lat's ''Keluarga Si M ...
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Media Company
A media conglomerate, media company, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, motion pictures, video games, amusement parks, or the Internet. The weekly magazine ''The Nation'' commented, "Media conglomerates strive for policies that facilitate their control of the markets around the world." Terminology A conglomerate is a large company composed of a number of companies (subsidiaries) engaged in generally unrelated businesses. Some media conglomerates use their access in multiple areas to share various kinds of content such as: news, video and music, between users. The media sector's tendency to consolidate has caused formerly diversified companies to appear less diverse to prospective investors in comparison with similar companies that are traded publicly and privately. Therefore, the term media group may also be applied, however, it has not yet replaced the mor ...
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Media Of Malaysia
The mass media in Malaysia includes television, radio, newspapers, and web-based media such as bloggers. Many media outlets are either owned directly by the government of Malaysia (e.g. Bernama) or owned by component parties of the Barisan Nasional coalition which continuously form the government during Mahathir Mohamad's tenure until May 2018 (e.g. the Media Prima group, which is owned by the United Malays National Organisation). Opposition parties during this era like the Islamic Party and People's Justice Party publish their own newspapers, Harakah and Suara Keadilan respectively, which are openly sold alongside regular publications. Malay language newspapers in Malaysia are often noted by scholars for their lack of analytic critique towards government policies compared to their English counterparts as far back as 1970s; one Utusan Melayu executive even remarked that "it is not the newspapers' role to check on government. The papers here are...supporters of government". S ...
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