Media Nusantara Citra (MNC)
In October 2011, Saban Capital Group acquired a minority stake in PT Media Nusantara Citra Tbk (“MNC”) from the Company’s controlling shareholder, PT Global Mediacom Tbk (“Global Mediacom”). MNC, which is publicly traded on the Indonesia Stock Exchange, is Indonesia’s largest and only vertically-integrated media company.
MNC, Indonesia’s largest and only vertically-integrated media company, owns three national free-to-air television broadcast networks (RCTI, Global TV and MNCtv), an in-house production business and other assets in internet, print, radio, pay television channels, talent management and value added services. MNC is based in Jakarta.