Monday, 22 July 2013

Media Prima to launch HD simulcast in 1H2014

Media Prima Bhd aims to launch its high-definition (HD) simulcast for one of its four terrestrial television stations as early as 1H 2014. CFO Mohamad Ariff Ibrahim said the HD simulcast will be introduced once the digital terrestrial television broadcast (DTTB) infrastructure is ready to enable free-to air-operators (FTA) to broadcast in a digital format. The government has so far shortlisted Puncak Semangat Sdn Bhd, REDtone Network Sdn Bhd and i-Media Broadcasting Solutions Sdn Bhd to develop the DTTB infrastructure. Ariff added that Media Prima is looking to revise its 25-75% dividend policy to a higher, narrower band to provide clear dividend commitment to investors. (Financial Daily)

Source: CIMB Daybreak - 22 July 2013

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