The owners of Mai Life Magazine are now contemplating the future of their investment as the restrictions on cross media ownership in the new Media Industry Development Decree will have serious implications on the monthly magazine.
Under the Media Decree, Cross Media Ownership is where a person of a certain medium is limited in the amount of shares they can hold in other mediums or of the same medium.
This applies to the ownership of Mai Life Magazine which is owned and operated by Richard Boardbridge and his wife Judith Ragg as Broadbridge is also the founder and the director of MaiTv.
Section 39 sub section 4 of the decree states that no person may act as a director in more than one media organisation and they have been given 12 months to comply with the cross ownership requirements in the Media Decree.
Speaking to Fijivillage news, Richard Broadbridge said they have to study the decree before deciding their next step.
However he said it would be a shame if MaiLife magazine is forced to close down.
Fiji’s much awaited 5G network, initially set for a March launch, has been delayed until June this year due to setbacks linked to USAID projects.
...
6 hours ago
Deputy Prime Minister and Minister for Trade Manoa Kamikamica says they have asked the Unites States Embassy the basis of the 32 percent tariff ...
6 hours ago
283 graduates from the University of Fiji have been reminded that kindness, integrity, compassion, rigorous thinking and true reflection are the ...
7 hours ago
Communications Fiji Limited, the parent company of LegendFM, FM96, VITIFM, Navtarang, Radio Sargam and fijivillage, has entered into a Public Service ...
8 hours ago
A couple arrested for methamphetamine possession in Samabula’s Howell Road has pleaded guilty to the charges.
37-year-old Kinijoji Tuivonovono ...
9 hours ago
Swire Shipping Fijian Drua Coach, Glen Jackson appeared on fijivillage Straight Talk With Vijay Narayan from the Drua base in Nadi.
Coming off ...
2 days ago
Chairman of Communications Fiji Limited, parent company of FM96, LegendFM, VitiFM, Navtarang, Radio Sargam, fijivillage and PNGFM, William Parkinson ...
37 days ago
