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Apr 20, 2011

Channel 7’s owner uses Telemedia position to salivate at Channel 5

It is almost two years since the Government brazenly nationalized Telemedia in August of 2009.  While Telemedia’s former shareholders are anticipating a favorable Court of Appeal decision any time now, that the nationalization was unconstitutional, the Government, through Telemedia, has launched another legal attack. This time Channel Five is in the eye of the storm. The B.T.L. claim was filed late last week in Court against eleven different defendants including the company that owns this station, Great Belize Productions. The claim is against the decision of the former directors of Telemedia that prevented Channel Five from being nationalized by the Government when it took over B.T.L.

The Telemedia claim actually seeks a declaration from the Court that the former directors were motivated by malice towards the Government and that their purpose was to deny the G.O.B. the acquisition of an interest in Great Belize Productions. But had Telemedia’s former directors not done so, both Channel Five and Telemedia, not to mention Channel Seven would be under the control of one man: Net Vasquez. Four months after imposing an unpopular news blackout on this station, which had to be reversed, the G.O.B. is at it again with a collateral attack. The hearing has been set for May.

We will have more on this in the future, but for now we will remain true to our mission as Belize’s leading independent TV station, with the most extensive and professional local programming.

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Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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4 Responses for “Channel 7’s owner uses Telemedia position to salivate at Channel 5”

  1. sydney says:

    Putting aside all the persona attacks and emotions, great belize production was an asset that was transferred without just compensation. Even if it is not transferred back, the owners of GBP should be compensated.

  2. Earl Grey says:

    WHY DOESN’T THE GOVERNMENT GET IT’S OWN TELEVISION STATION……..
    THAT STAYS WITH THE GOVERNMENT NO MATTER WHO (which party) IS RUNNING THE COUNTRY.

    That way the government always has a state run television station.

    WE SHOULD only NATIONALIZE NATURAL RESOURCES……..i.e. blessing from Mother Earth, like OIL, GOLD, and the like…………

  3. Bzean-IN-LA says:

    Channel 5 is the best…no matta who vex. Plus they do give interviews to our upcoming Belizean artists!

  4. Disgusted! says:

    Conflict of interest.!!! Channel 5 is by far a better media outlet than ch. 7 no matter which way you cut it. These bias S.O.B’s always want to bully and destroy who they cannot manipulate and control. UUUUUGGGH!!!

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