FIJI TELEVISION BIDS FOR RADIO STATION

WELLINGTON, New Zealand (RNZI, Oct. 28) - The Fiji Broadcasting Corporation says radio stations may be forced to close down if a proposed takeover is approved.

Fiji Television Ltd wants to buy out radio station ZFM in what would be the country’s first cross-media takeover.

Fiji TV’s Chief Executive Ken Clark says a deal has been struck and they are now waiting for the Director of Communications, Ratu Jone Kubuabola, to approve it.

But, the head of the FBC, Francis Herman, says it will lead to unfair competition and may lead to stations going out of business.

"The advertising market is so small that it could end up with a lot of the stations closing down or phasing out. Money will dictate how the media develops in Fiji and unfortunately, the wishes or the needs of the listeners, the viewers, the patrons will take a back seat to revenue."

The proposal is expected to get approval by the government by the end of the year.

October 28, 2003

Radio New Zealand International: http://www.rnzi.com/

 

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