Cabinet mulls TTV, CTS future - TW

[dArKeR]

By Ko Shu-ling

While the Cabinet's stated policy is to sell the government's shares in two terrestrial TV stations, the Government Information Office (GIO) has not yet decided whether to sell the stock to conglomerates or convert one or both stations into a public television channel...

The government owns 25.64 percent of TTV and 36.25 percent of CTS. The stakes in the two companies long predate the Democratic Progressive Party (DPP) administration.

The Chinese Nationalist Party (KMT) owns a 35.6 percent share of Chinese Television Company (CTV) and has a majority of shares in the Broadcasting Corporation of China (BCC).

http://www.taipeitimes.com/News/taiwan/archives/2004/05/18/2003155964