NCC throws out Taiwan Optical bid for EBC TV company

Political influence and fears of media concentration played part in NCC decision

Taiwan News
Date: 2017/05/31
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – In the latest installment of the long-running takeover battle

NCC throws out latest attempt to buy EBC media company. (By Central News Agency)

for Eastern Broadcasting Co. (EBC, 東森電視), the National Communications Commission (NCC, 國家通訊傳播委員會) on Wednesday announced it was rejecting the bid by Taiwan Optical Platform Co. (台數科) due to violations of a ban on political links.

EBC, a part of the Eastern Multimedia Group founded by tycoon Gary Wang (王令麟), has been up for sale for years, but several potential buyers were rejected.

Taiwan Optical was only the latest company interested in EBC, which is 61 percent owned by the Carlyle Group of the U.S., 35 percent by Eastern Media International and 4 percent by EBC employees.    [FULL  STORY]

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