Public Service Media (PSM), a state-owned Maldivian broadcaster, was established on March 29, 1978. Its primary output is television and radio programming. As of 2023, the company employs approximately 20 people and generates annual revenue of less than $10 million. Its headquarters are located in the Maldives. Television Maldives is its flagship television channel.
Economic Minister Mohamed Saeed announced on an unspecified date the implementation of the Preferential Trade Agreement (PTA) between the Maldives and Turkey within two months, following its approval by the Turkish parliament. Separately, Public Service Media (PSM) Managing Director Ibrahim Nasreen reportedly receives his salary while residing in Malaysia after delegating responsibilities to the Deputy Managing Director. A discussion between YouTube executives Pedro Pina and Evan Shapiro addressed developments in YouTube and its collaborations with European public service media, though no date was specified. PSM also noted the increasing value of archives as data sources for AI training and their contribution to the company's public service mission; no date was provided for this announcement. Finally, research from Channel 4, released earlier this year, highlighted Gen Z's declining trust in news and democratic institutions, prompting discussion on how public service media can rebuild this trust.
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Public Service Media offers products in the media and telecoms services industry. Public Service Media's product portfolio comprises of broadcast television and radio.
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Public Service Media's revenues were less than $10M in 2023. All the revenue comes from linear (national channel groups).
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