KUALA LUMPUR: Berjaya Group founder and adviser Tan Sri Vincent Tan’s Ansat Broadcast Sdn Bhd and Indonesian multinational conglomerate Media Nusantara Citra (MNC) Group have launched OK Vision, a subscriber-based television and content distributor in Malaysia.
OK Vision offers 35 channels including Malaysian, international and MNC-managed content through Direct-to-Home (DTH) services via OK1000 devices connected to KU-Band Satellite antennas by MNC.
Communications Minister Fahmi Fadzil said digital media platforms are integral to the economy, contributing to revenue generation, employment, innovation and global competitiveness.
“As the digital ecosystem continues to evolve, the economic impact of digital media is likely to grow, further shaping Malaysia’s position in the global digital economy.
“Popular digital media platforms may include streaming services, news websites, social media platforms and other online content providers. The popularity of digital streaming services has been on the rise,” he said, during the launch yesterday.
He also said both local and international platforms may have a significant presence in the local market and these services contribute to the digital transformation of the media and entertainment industry by offering on-demand content.
“The growth of the digital media industry may lead to increased local and international investments in technology and infrastructure. This initiative will contribute to the enrichment of Malaysia’s artistic landscape and serve to fortify and elevate the prominence of local artwork within the country.”
Tan, who is the major shareholder of U Telemedia, which co-owns Ansat Broadcast, expressed confidence in the potential that OK Vision offers in the streaming market through the collaboration.
“Ok Vision is well-positioned to encompass the local digital and entertainment market. The partnership with MNC Group also signifies a productive relationship and cooperative ties between our two countries.
“We are confident in the potential and prospects that will be presented through the collaborative efforts of Ansat Broadcast and MNC Group, delivering a variety of quality content options.”
He added that with MNC’s proven technology, Ansat Broadcast can now expand to become the preferred platform for home digital entertainment.
“Through the combined spectrum of regional and global content offerings from Ok Vision, we believe it can usher in a new era for subscribers seeking diversity, quality and value in home entertainment.”
Tan said he is confident OK Vision can compete with other streaming and IPTV providers in the country.
“Many years ago, I attempted to venture into the business with MiTV, aiming to challenge Astro as a second provider. Unfortunately our efforts failed, resulting in a loss of RM250 million. This setback led me to believe I would never return to this business.
“At the time, we could not use satellites. If we could access the technology, we would have had the means to compete. However, now we have the opportunity to do so.”
Tan also said with the official launch of Ok Vision, Ansat Broadcast will redefine digital entertainment in Malaysia.
MN Group executive chairman Hary Tanoesoedibjo said the firm is committed to elevating the realm of content distribution and recognises Ansat Broadcast’s expertise and innovation as invaluable assets that align seamlessly with its vision.
“This collaboration highlights our unwavering dedication to pushing boundaries and delivering cutting-edge content solutions for audiences at home,” he said.
