This is an automatically generated PDF version of the online resource pakistan.mom-rsf.org/en/ retrieved on 2020/10/29 at 20:05
Reporters Without Borders (RSF) & Freedom Network - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
Freedom Network LOGO
Reporters without borders

92 News

92 News comes with an interesting background to its title. The channel’s founding owners decided to name it ‘92 News’ for two things whose numericals coincide: the country code for Pakistan is ‘92’ while the country won the cricket world cup in 1992. The owners say ‘92’ became an inevitable title for their news channels when these two points came up in their brainstorming.

92 News lay claim on being the most sophisticated in terms of using broadcast technologies for the entire broadcast spectrum in the country. They claim they are the first HD channel in the country as well as the first to use ‘hologram technology’ that allows their viewers to view their video content in 3D and also the first to employ Dolby digital audio for their transmissions. They also operate the first 360-degree virtual news studio and augmented newsroom used by any TV channel in Pakistan.

92 News also run a parallel broadcast business in the UK where they operate the ‘92 News UK Beam’ service. The company that owns 92 News also branched into print media in 2017 by launching the 92 Roznama Urdu-language daily newspaper and into online media earlier in 2015.

Key facts

Audience Share

3%

Ownership Type

Private

Geographic Coverage

International

Content Type

Free to air

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Glaxy Broadcasting Network

Ownership

Ownership Structure

92 News is owned by the Glaxy Broadcasting Network Private Limited the shares of which are divided among the Mian brothers as follows, Mian Muhammad Hanif with 33.98%, Mian Muhammad Usman with 33.01% and Mian Muhammad Rasheed with 33.01%. Therefore, the Mian family controls 100% of the company.

Voting Rights

Missing Data

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

2015

Affiliated Interests Founder

Mr Muhammad Hanif

is the chairman of 92 News and elder scion of the Mian family, a prominent industrialist family based in Pakistan’s industrial heartland of Faisalabad in Punjab province. They did not have experience in media before launching 92 News and making Hanif its chairman. Hanif is co-owner of the prominent Madinah Group of industries that have a string of businesses including an oil refinery, sugar mill, cooking oil (with the famous Kisan Ghee brand) and medical and education businesses comprising a private medical university, University of Faisalabad, and Madinah Teaching Hospital, among others.

Affiliated Interests Ceo

Mr Muhammad Rasheed

the CEO of 92 News is the younger brother of Mian Hanif. He is the co-founder of the Madinah Group of industries. He did not have experience in media before both created Galaxy Broadcasting (Pvt) Ltd and launching 92 News TV channel as well as 92 Roznama daily newspaper.

Affiliated Interests Editor-In-Chief

Missing Data

Affiliated Interests other important people

Mr Muhammad Usman Saleem

is the son of Muhammad Saleem, the co-founder of Madinah Group of Companies and a nephew of Muhammad Hanif and Muhammad Rasheed. Little public information is available about him but like his uncles he has no prior experience in media.

Contact

92 News, Bhubtian Chowk,

Near Habib Metro Bank, Raiwind Road, Lahore

Tel.: 92-42-35459811-5

Email: info@92newshd.tv

Website: 92newshd.tv

Financial Information

Revenue (in Mill. $)

USD 3.54 Million / PKR 373 Million (2016-17)

Operating Profit (in Mill. $)

USD 0.38 Million / PKR 40 Million (2016-17)

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

The company was sent information request on 15.01.2019 through a courier company as well as by email. The company did not respond even after a reminder was couriered on 01.02.2019 and emailed on 04.02.2019 but the information was not forthcoming. The company does not have online presence. Financial information has been obtained from a report for 2017 submitted by the company to the SECP. The average exchange rate (105) of the Central Bank of Pakistan for the year 2017 was used to covert PKR into USD.

  • Project by
    Logo Freedom Network
  •  
    Reporters without borders
  • Funded by
    BMZ