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MD Entertainment, led by Manoj Punjabi, has officially acquired 80.05 percent of NET TV shares. The transaction value is no joke, reaching IDR 1.65 trillion. This step immediately caught the public's attention. The rumors that had been circulating for so long have finally been answered. Not without reason, Manoj said this decision was part of a grand strategy to expand MD Entertainment's business scope. The question is, is this acquisition the right step for MD Entertainment? Can Manoj Punjabi transform NetTV, which has now changed its name to MDTV, into a profitable media company? Let's find out. Disclaimer: This video is a simple review of business or industry phenomena for the general public to use as learning material or reflection. Although it uses various reliable references, this video is not an academic manuscript or journalistic work. Reference Source: CNN Indonesia. (2024, November 14). Net TV changes its name to MDTV after being acquired by Manoj Punjabi. Retrieved from https://www.cnnindonesia.com/ekonomi/... Kompas. (2024, October 11). MD Entertainment's acquisition of Net TV is targeted for completion by the end of October 2024. Retrieved from https://money.kompas.com/read/2024/10... CNBC Indonesia. (2024, October 12). Manoj Punjabi's Wealth: Crazy Rich Wants to Buy Net TV for IDR 16 T. Retrieved from https://www.cnbcindonesia.com/market/... Tempo. (2024). Net TV transformed into MDTV after being acquired by Manoj Punjabi's PT MD Entertainment. Retrieved from https://www.tempo.co/ekonomi/net-tv-m... CNN Indonesia. (2024, August 29). Manoj Punjabi's MD Entertainment Wants to Buy Net TV for IDR 16.5 T. Retrieved from https://www.cnnindonesia.com/ekonomi/... Merdeka. (nd). MD Entertainment. Retrieved from https://www.merdeka.com/md-entertainm.... Dr. Indrawan Nugroho is the CEO and Co-founder of CIAS, an innovation consulting firm with a mission to empower corporate talents to design, develop and implement innovations to improve company performance. Visit: https://www.cias.co https://www.indrawannugroho.com My contact: https://bit.ly/Kontak-Indrawan-3 Follow me at: / indrawannugroho / indrawannugroho #corporateinnovation #cias #strategibisnis #konsultaninovasi