Reality Shows that Promote Social Values Thrive The Jakarta Post,, 2006-08-11
The number of reality TV shows in Indonesia has increased significantly to the extent that these shows may become serious rivals to dominating soap operas. This type of shows have successfully attracted a wide audience because they portray social values or a different economic class in the society. Shows that portray social values tend be more popular that those that do not. In Indonesia, reality shows illustrate a typical Indonesian value concerning generosity and helping the less fortunate. Rajawali Citra Televisi Indonesia (RCTI) TV station is one of the many television stations that has reality shows. RCTI's Uang Kaget (Surprise Money) is a show where the presenter selects at random a person perceived to be less fortunate, and then gives them Rp.10 million to be spent in 30 minutes. Bedah Rumah (House Makeover) is a show where RCTI randomly selects a house in need of renovation, usually a dwelling occupied by a less well-off household, and then renovates the house in 12 hours. Uang Kaget and Bedah Rumah are ranked first and second in the popularity stakes for reality shows, according to media research by ACNielsen, while replays of these shows come in at around sixth and eighth.
Bimantara Plans IPO for TV Holding Company The Jakarta Post,, 2004-10-16
PT Bimantara Citra plans to sell shares in PT Nusantara Media Citra to the public through an initial public offering in a bid to raise cash to finance its media businesses’ expansions. MNC is a holding company that holds television stations Rajawali Citra Televisi Indonesia (RCTI) and Global TV. The holding company will later house another TV station, Televisi Pendidikan Indonesia (TPI). Bimantara will sell 20 percent of its shares in MNC possibly in 2005 or 2006. Proceeds from the public offering will be used to expand its TV stations and set up a new station network and print media. The company’s goal is to establish an integrated media business and dominate Indonesia’s media business. Bimantara has 100 percent of MNC’s shares. MNC holds 100 percent of RCTI’s shares, 70 percent of Global TV’s and possibly 75 percent of TPI’s after the legal process is done. The integration of three television stations under one company enables the stations to share infrastructure resources and programs in order to make their operations more efficient and promote higher network.
