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BCC to return 14 frequencies: GIO
STAFF WRITER
Wednesday, Jun 30, 2004, Page 3
The Chinese Nationalist Party (KMT) affiliate Broadcasting Corporation of China (BCC) said last night that it will return 14 of its frequencies to the Government Information Office (GIO), as it promised to do in an agreement with the government in 1992.
GIO Secretary General Lin Chia-lung (ªL¨ÎÀs) displayed the document at a press conference. BCC, after checking through the document, said it will return the 14 frequencies by the year's end.
Meanwhile, in response to protests by China Television Company (CTV) shareholders, Lin called on shareholders not to politicize the license issue further.
The GIO announced Monday that terrestrial television stations Taiwan Television Enterprise (TTV), China Television Company (CTV), and Chinese Television System (CTS) will begin operating under three-month interim license starting next month. Shareholders in KMT-affiliated CTV were angry about the decision, which they said had reduced share prices.
In response to the criticism, Lin said that he was implementing the government's policy in accordance with the law.
"The more politicized the matter becomes, the more disadvantageous it is to CTV," Lin said yesterday, saying that the sharp decline in CTV share prices has nothing to do with the GIO's decision.
During a CTV shareholders' meeting yesterday morning, investors berated Lin for issuing the company a temporary license.
Many CTV shareholders accused the government of oppressing specific listed companies for political purposes. Some said they would file a collective lawsuit against Lin and the GIO, demanding compensation. Others suggested filing a petition seeking Lin's impeachment to the Control Yuan.
CTV chairwoman Cheng Su-ming (¾G²Q±Ó) said during the meeting that the company's business operations were threatened by future uncertainties. She also claimed that many of the GIO's reasons for not issuing her company a regular license were false.
Cheng asserted that the GIO was attacking CTV for airing too many programs not produced by the company itself. But only 6.28 percent of CTV's programs were produced outside the company this year, she said.
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