This is an automatically generated PDF version of the online resource pakistan.mom-rsf.org/en/ retrieved on 2020/10/30 at 02:26
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

ARY News

ARY stands for ‘Abdul Razzak Yaqoob’ – the founder of the group owning the channel which is the pioneer among private news channels in Pakistan after military ruler Gen. Pervez Musharraf privatized the country’s airways through the Pakistan Electronic Media Regulatory Authority (PEMRA) Ordinance, 2002, to compete with the increasing popularity of Indian satellite channels.

‘Har lamha ba khabar,’ or ‘Every Moment Informed’ is the slogan the channel uses to declare its mission statement. The channel has a vast network of reporters and correspondents across the country and also abroad to feed its 24/7 diet of news and current affairs.

In recent years, the channel took on its competitor Geo News TV channel – the market leader and the premier legacy media enterprise of the country – accusing it of allegedly being ‘pro-India’ in its coverage after Geo News was in line of fire for challenging the powerful security establishment.

As ARY Group is Dubai-based holding company with interests in several sectors its editorial policy never aims to challenge powerful state institutions or non-state actors.

Key facts

Audience Share

12%

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

ARY Group

Ownership

Ownership Structure

ARY Communications (Private) Limited runs the channel. The company has 10 shareholders: Dubai-based ARY Digital FZ LLC holds the highest shares – 45% - while Muhammad Salman Iqbal (19%), Muhammad Mehboob (18%) and Muhammad Yaqoob (9%) are other major stakeholders. They all are members of one family.

Voting Rights

Missing Data

Individual Owner

Group / Individual Owner

ARY Digital FZ LLC

ARY Digital FZ LLC is registered in the United Arab Emirates. The team didn’t have access to the shareholding structure of the Dubai-registered business entity, however it is clear that the founder’s family controls the business in Dubai as well. Mohammad Iqbal is the Group’s and the company’s Chairman, while Salman Iqbal is its President and CEO.

45%
Media Companies / Groups
Facts

General Information

Founding Year

2004

Affiliated Interests Founder

Late Abdul Razzak Yaqoob

was a gold bullion trader who founded ARY Gold company in the United Arab Emirates and later launched ARY Media Group in 2000. In 1944, his parents migrated from India to Karachi, Pakistan, before India was partitioned in 1947. He was a wealthy businessman and also a philanthropist. He came to Dubai in 1969 where he discovered that the city offers opportunities and he made a fortune out of his business there. In 2014, he died of protracted illness in London.

Affiliated Interests Ceo

Mohammad Salman Iqbal

is the founder of ARY Digital Network as well as its chief executive. In addition, Iqbal is the owner of the ARY Group, that his uncle Abdul Razzak Yaqoob established. He is the son of Haji Muhammad Iqbal, one of the four owners of the group.
Iqbal also manages ARY Films, which is part of his group. As a businessman, Iqbal is known as the founder of 24-hour news cycle network in Pakistan launching Pakistan’s first-ever private 24/7 news and current affairs ARY News TV channel when the country was under the military rule of General Pervez Musharraf after the airwaves were privatized by the government in 2002 and private TV channels and radio stations were allowed.
In December 2015, Iqbal bought the ‘Karachi Kings’ cricket franchise for an undisclosed amount to play in Pakistan Super League of cricket.

Affiliated Interests Editor-In-Chief

Missing Data

Contact

6th Floor, Madina City Mall, Abdullah Haroon Road, Karachi

Tel.: +92(0)-21-111-279-111

Fax: +92(0)-21-35657314

Email: info@arydigital.tv

Website: arynews.tv

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

An information request was sent to the company on 15 January 2019 through a courier company as well as by email on same day - 15 January 2019. There was no response to the request. A reminder was couriered on 01 February 2019 and emailed on 04 February 2019. Again, there was no response from the company to date. Documents about the ARY Communications (Private) Limited provided by Securities and Exchange Commission of Pakistan did not include any audited financial report for 2017-18, as requested by MOM Pakistan for its research, of the company although under the law registered company has to submit annual audit report to comply with regulations. The company does not share revenue, operating profit nor shareholders on its website although Dubai-based ARY Digital FZ LLC, which holds biggest shares in ARY Communications (Private) Limited, does provide all such details on its website - http://www.hoovers.com/company-information/cs/company-profile.a_r_y_digital_fz_llc.5eb70c5e0376a7ed.html?aka_re=1

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