- Business
- PT Surya Citra Media Tbk (SCMA.JK) operates as an Indonesian media and entertainment company focused on multimedia services including free-to-air television broadcasting, digital platforms, content production, and related support activities. The company owns and operates key television channels such as SCTV, Indosiar, Mentari TV, and Ajwa TV; provides subscription satellite television through Nex Parabola; offers streaming services via Vidio; and delivers content production, film and video distribution, artist management, event organization, advertising, and studio facilities through subsidiaries including PT Surya Citra Televisi, PT Indosiar Visual Mandiri, PT Vidio Dot Com, PT Indonesia Entertainment Grup, PT KapanLagi Dot Com Networks, and PT Screenplay Produksi. It serves mass audiences in Indonesia with entertainment, news, sports, Islamic programming, children's content, and digital video-on-demand, primarily through advertising revenue, subscriptions, and content licensing.
Founded in 1999 as PT Cipta Aneka Selaras and renamed PT Surya Citra Media Tbk in 2001, the company is headquartered at SCTV Tower in Senayan City, South Jakarta, Indonesia, and listed on the Indonesia Stock Exchange since 2002. Its business segments encompass television and multimedia platforms; digital and out-of-home advertising; content creation, production support, and film trading; as well as marketing services and enablers like multiplexing and equipment leasing. PT Surya Citra Media Tbk functions as a subsidiary of PT Elang Mahkota Teknologi Tbk (Emtek), which holds a controlling stake of approximately 74% as of early 2025.
Recent developments include Emtek increasing its ownership from 61.84% to 67% between January and September 2025 through multiple share purchases totaling over IDR 105 billion in September alone, signaling strengthened strategic alignment within the group. The company continues to expand its digital presence, with Vidio emerging as a key growth driver amid a shift toward streaming and online content consumption. Historical expansions feature the 2013 merger with PT Indosiar Karya Mandiri Tbk, 2019 acquisitions of nearly 100% of PT Vidio Dot Com and PT Binary Ventura Indonesia plus stakes in PT KapanLagi Dot Com Networks, and ongoing investments in production houses and sub-holdings for content management.