Malik Riaz To Launch Multiple TV Channels

Malik Riaz, Pakistan’s well-known property tycoon, is all set to enter the country’s competitive media landscape. One of the richest people in Pakistan, his Bahria Town schemes are known for their posh housing communities.

To ensure that his projects are executed smoothly in Pakistan, the tycoon makes no secret of the fact that greases a lot of palms. Now, in a bid to better protect his commercial interests and reputation, the 66-year old Mr. Riaz is all set to launch a media empire.

The real estate tycoon has plans to launch multiple channels, as he told Reuters in an interview held earlier this month. He said, “To stop blackmailers, I have decided that there is no way but to go into media. I will launch many TV channels, not one.”

Malik Riaz will launch a media empire to protect his commercial interests and personal reputation

Always a figure that has attracted controversy, Malik Riaz is embroiled in many ongoing investigations into his business practices by National Accountability Bureau. Allegations against him include illegal land grabbing and currying favor with politicians to acquire land for his property business on cheap rates.

The tycoon denies any wrongdoing and stresses the need for having a powerful voice in the media to fend off these allegations. Previously he also held the license to Bol TV, before selling it to Axact in 2013.

His Bahria town project is bigger than Islamabad itself, and it comprises part of his property portfolio encompassing more than 40,000 acres of developed land countrywide. Bahria Town also employs 60,000 personnel.

A far cry from the rest of the country, the housing communities are like an ecosystem of their own with smooth roads, imported grass and round-the-clock security. Recently Bahria Town entered a partnership with Mobilink to provide digital services to the inhabitants of Bahria Town, as well as one with PTCL for ICT solutions.

via Reuters
Image credits: Reuters

Samir heads the sponsored content department at ProPakistani. He also looks after the Life section.

  • Muhammad Faheem

    kch bhi ho bnda jo krta hai that always has a class

    • Khawaja Atteeq

      than you paki say why we hate you… looking for a class in a low life thief
      how low can you get

      • Muhammad Faheem

        calm down brother… i think u didn’t smell the point i made

      • Pakistan

        Jo log Paki Porki etc Baqi Pakistanio ko keh rahey hain, Yahee ALFAZ sunthay hain jahan Ye rehthey hain.

  • Muhammad Asad

    Paisa Phek… Tamasha Dekh!

  • imaalik

    now the time that some strong competitor for our black media

  • usama

    Badshah laga Malik Riaz you are my role model.I hope you become PM of Pakistan.

  • UsmanAzam

    Sir, meri CV dekh len zara…. :D

  • Muhammad Yasir

    FOOTBALL sports channel PLEASE !

    • omer

      And a Pakistani kids channel plz. I am fed up with these Hindi dub cartoon channels. Just skipped pogo from channel list. Don’t want my daughter to watch it.

      • usama

        nickelodeon dekho yeh phir net sey torrent pack download kar lo.

      • Or let me develop youtube for kids only version.

      • AbdulB1

        u can stick to youtube

  • Bilal Iqbal

    start of a new shit along with a bulk of shit already spread around us… Most of the media channels are just profit oriented and creating hype to get attention and earn money.. no standard is being set and followed. no care about the negative impact of Yellow journalism on country… no standard for being a journalist or anchor… just start shouting and be a Big one in media… on root level… salary structure is unknown but black mailing/ agent culture is promoted to earn by their own.. (we belong to Media.. give me this favor etc)

  • Eli Ehsan

    Minus the Paindoo-ness… He’s the TRUMP equivalent of Pakistan. :D

    • Mirza Moazzam Baig

      Nobody can match the dumbness of trump

  • Zohaib Khan

    Well known Express Media Group, ARY Media Group and a few others were launched with the exact very same idea

  • Jalal Mazari

    bhaio sab chanels and newspapers esi tara marz-e-wajood ma aye hain

  • Muhammed Ovais Alam

    Land grabbing k baad ab media ki baari aa gae.
    Thank you Malik Riaz (NOT)