SCMA - PT. Surya Citra Media Tbk

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JAKARTA – PT Indosiar Visual Mandiri (IVM) and PT Vidio Dot Com (VDC) share the licenses of video contents in order to solidify the professional synergy as the member of Surya Citra Media Group (SCMA).

“The transaction of shared program licenses between IVM and VDC is intended to boost our group’s productivity and enhance the updated content services,” Gilang Iskandar, Corporate Secretary of Surya Citra Media, confirmed in the information disclosure quoted Thursday (11/8).

This transaction of sharing broadcast licenses, which involves two subsdiaries of SCMA, took place earlier this week (8/8). The transaction has no conflict of interest, as referred by the Financial Authority Services No.42/2020. Therefore, SCMA only notified the OJK as the authorised regulator. (LK/ZH)