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Legislator cue Ono asked the Ministry of Culture to urge PTS to buy back private shares to resolve China Television’s dilemma – Free Art and Literature Network

Legislator cue Ono asked the Ministry of Culture to urge PTS to buy back private shares to resolve China Television’s dilemma – Free Art and Literature Network
Legislator cue Ono asked the Ministry of Culture to urge PTS to buy back private shares to resolve China Television’s dilemma – Free Art and Literature Network
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The Legislative Yuan Educational and Cultural Council invited Wang Shisi, deputy minister of the Ministry of Culture, to give a special report and prepare questions. (Photo by reporter Tian Yuhua)

[Reporter Ling Meixue/Reporting from Taipei]The amendment to the Public Television Law passed last year to lift the budget cap, and will be followed by amendments related to China Television. Many legislators discussed how to solve the problem of China Television in the Education and Culture Committee today (25th). Regarding the dilemma of injustice and injustice, Wang Shisi, deputy minister of the Ministry of Culture, and Hu Yuanhui, chairman of the Public Broadcasting Corporation, were questioned. Legislator Ke Zhien also mentioned that Ono served as the general manager of China Television 18 years ago, but he ended up unhappy, and asked Hu Yuanhui whether he had confidence in Ono. After taking office as Minister of Culture, they worked together to solve China Television’s problems.

Ke Zhien said that she still remembers very clearly that when Public Television and China Television formed the Public Broadcasting Corporation on July 1, 2006, Hu Yuanhui served as the general manager of Public Television and Ono was the general manager of China Television. At that time, Ono said happily, I hope that the combination of China Television and Public Television will produce good results. Unexpectedly, nine months later, the dream will be shattered. At that time, Ono also specifically mentioned that “China Television is no longer the same.” I wonder if Hu Yuanhui will have confidence in Ono 18 years later. Can Gongguang Group be reorganized? Hu Yuanhui responded that he was confident that Ono would support public media.

Please read on…

In response to China Television’s unfair predicament, Wang Shisi, deputy minister of the Ministry of Culture, said that China Television is still positioned as a commercial TV station, although Public Television’s shareholding exceeds 80%, which means that there is a gap between the so-called inclusiveness and private commercial operations. In terms of interests, a balance still needs to be achieved; the key reason why no private stock buyback is being carried out is that under the existing legal system, there is no way to force the sale of private stocks, and it is also difficult to negotiate prices and implement them according to the government budget.

However, Lin Yijin and many other legislators still jointly signed a temporary proposal pointing out how to revitalize China Television’s assets? How to implement burden-bearing donations and private stock buybacks? In view of the fact that these problems have existed for a long time, it is impossible to restrict the release of private shares, and PTS is already the largest shareholder. The Ministry of Culture should urge PTS to buy back private shares, implement burden-bearing donations, and complete the positioning of public operations in the two Provide explanation within the month.

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The article is in Chinese

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