Sat, Jan 12, 2013 - Page 1 News List

KMT votes down media amendments

ABOUT-FACE:It was unclear why the KMT did a U-turn, with the DPP saying it caved to conglomerates and the KMT saying its caucus had misunderstood party policy

By Shih Hsiu-chuan  /  Staff reporter

3. Cross-sector media integration

The number of channels used by a cable television system operator and its affiliated enterprises would not be allowed to exceed 10 percent of usable channels. The number of channels in a cable system used by a channel provider and its affiliated firms is also capped at 10 percent of its usable channels.

The current cap is set at 25 percent.

4. Independent outside director

Terrestrial television stations, cable television network systems and satellite broadcasting companies would all have at least one independent director recommended by their employees or labor union on their management board.

5. Media independence

The management of satellite broadcasting companies would be required to sign an editorial agreement, create an internal control mechanism and establish a self-disciplinary mechanism to uphold the media organization’s editorial independence.

6. Public media

Satellite broadcasting companies would need to submit a mandatory public offering for the purchase of their shares to the public. Direct and indirect investments within a satellite broadcasting company made by foreign-invested enterprises would not be allowed to exceed 60 percent of its issued shares. Satellite broadcasting companies would be banned from taking out loans in excess of 30 percent of its capital from financial institutions.

7. Media acquisitions

The government’s regulatory agencies would be able to deny proposed media acquisitions for reasons related to media independence, national security, public interest, freedom of expression and the public’s right to access to diverse information.

Information compiled by Staff reporter Shih Hsiu-chuan

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