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•P96213 - Private Radio and Television Services

Company News
Indosiar Downsizing
page A22 (14-December-2005)
PT Indosiar Visual Mandiri will reduce the number of its employees towards the end of the year. This, so far, has been done to around 100 of its employees from every division. A source from Indosiar stated the employees laid off are the ones over 40 years of age who are idle. The reason for this downsizing is because of the company's declining financial status. By the end of September 2005, Indosiar booked an operational loss of up to Rp.28 billion, caused by the decreasing number of advertisments.
TVRI Shifts Indosiar’s Debts to the State Auction and Credit Committee
Koran Tempo, page A22 (3-December-2005)
PT Televisi Republik Indonesia (TVRI) has asked the State Auction and Credit Committee to collect its Rp.78.066 billion credit from PT Indosiar Visual Mandiri as the two television companies has yet to reach an agreement concerning settlement matters. The collecting obligation was noted in Letter No. TVRI/I.1/372/V/2004 dated 12 May 2004. However, IVM in Letter No. 105/IVM-ACT/V/04 denied of the obligation and claimed that it has settled the debts. Indosiar also claimed that TVRI’s status change released its company from any further obligations.

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Mr. RD. Alvin W. Sariaatmadja
Indosiar Visual Mandiri, PT
Latest Updates 26-June-2025
Major Businessline : Television broadcasting

PT. Dataindo Inti SwakarsaTelp : (62 - 21) 719 3832
3rd Floor, Gapura Raya BuildingTelp : (62 - 21) 719 3834
Jl. Bangka Raya No. 4, Pela Mampang Email : [email protected]
Jakarta 12720, Indonesia
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