Visi Asia Media (VIVA), the parent of TVOne and ANTV owned by Bakrie Group, recorded revenues of Rp619.2 billion in the first half (H1) of 2023, declined 32.3% year on year (y/y), worsened from last year with revenues only declining 0.65%. VIVA, accordingly, was not able to reduce its tax liabilities to the State (Rp461 billion as of June 30, up 1.9% from December 31, 2022), which is ten times tax payables of Hary Tanoesoedibjo’s MNCN (parent of RCTI and GlobalTV).To subscribe please click here
