ANTV, which presents a variety of entertainment shows for families and children as well as sports, is the subsidiary of the Bakrie's media vehicle Visi Media Asia (VIVA). The company will use 80 percent of the funds generated through the IPO for capital expenditures, for example the purchase of land in East Jakarta or Bekasi for the construction of a new TV studio. Ten percent of the funds will be used for loan settlements, while the remaining 10 percent will be used for operational expenses.

The television station is Indonesia's seventh most viewed station with a market share of 6.7 in February 2014.

ANTV is closely linked to Aburizal Bakrie, Chairman of Golkar (one of the largest political parties of Indonesia) and presidential candidate for the 2014 elections. Due to the legislative and presidential elections (scheduled for April and July 2014) advertisement spending will increase between 10 and 15 percent. ANTV is one of the media institutions that can benefit from this, provided that they are open to advertisement from other political parties.

Visit the official website of ANTV

Television Station   February 2014
 1. RCTI           24.3
 2. SCTV           14.2
 3. Trans7           12.6
 4. MNCTV           11.0
 5. TransTV           11.0
 6. IVM            7.3
 7. ANTV            6.7
 8. GTV            6.1
 9. TVOne            3.7
10. MetroTV            1.9

Source: Nielsen