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January 22, 2008

Musharraf Unblocks Geo to avoid Humiliation in Europe

Filed under: Current Affairs — Faraz Ahmed @ 7:03 am

Musharraf has ordered to unblock Geo TV just before his trip to Europe where European officials and Media were going to hammer him on this issue.

Musharraf caused massive damage to Geo TV by illegally banning their sports and entertainment channels along with the news channel to teach them lesson for speaking the truth.

The financial impact of this ban for Geo network was unprecedented, as its entertainment and sports channels were also not available inside Pakistan despite the fact that the Ordinance did not target non-news channels. Geo Super had just secured the rights to the India-Pakistan cricket series, an event bigger than the Ashes in terms of its importance in sports, and lost $15 million, most of the money paid upfront. In total the network’s loss is estimated to be between Rs 150-200 crores, enough to have endangered the livelihood of over 10,000 employees that depend on it. The state broadcaster, PTV, was in agreement with Geo, on a revenue sharing basis, to show the cricket series on its terrestrial distribution but without giving any explanation it stopped airing after the first day’s matches. This was a huge blow to sports as the nation’s only sports channel’s viability came under question and caused huge disappointment for most people in Pakistan who couldn’t watch the historic series, despite it being an event that could have had a calming effect from the events that were happening around the country.

 
 

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