iTV

ITV was a television station in Thailand that was owned by iTV Public Company Limited, a unit of Shin Corporation. As Thailand's first UHF channel, the station was started in 1995 when the company was granted a 30-year concession by the Office of the Permanent Secretary to the Prime Minister's Office to operate a free-to-air television station in the Ultra High Frequency (UHF) spectrum at 510-790 MHz (from Channel 26 to 60). After a lengthy dispute over unpaid concession fees to the Prime Minister's Office, the government's Public Relations Department took over the station in 2007. Its name was changed to Thailand Independent Television (TITV). Following a previously unannounced order of Thailand's Public Relations Department delivered the same day, the station closed on January 15, 2008. In accordance with the Public Broadcasting Service Act B.E.2551(2008), the channel's frequency was assigned to the Thai Public Broadcasting Service (Thai PBS). History Early years The original name of iTV's holding company was Siam Infotainment Company Limited. Its major shareholders were Siam Commercial Bank, the Crown Property Bureau (the investment organization of King Bhumibol Adulyadej and Through by Sahacinema Company), and the Nation Multimedia Group. Siam Infotainment won a 30-year concession to run a commercial television station, after offering only approximately US$3.3 million in royalties (a rival company had offered approximately US$17.5 million). This irregularity was subject to a government investigation in 1996, but the results of the investigation were never made public. Established as an independent television station, the company barred any one shareholder from having more than a 10% stake. Free from government control and shareholder liabilities, the station became known for its in-depth coverage of public affairs and investigative journalism.