Mahaka X

PT Mahaka Media Tbk, traded as Mahaka X (stylized as mahakaX) since 2022, formerly known as Abdi Bangsa, is an Indonesian media and entertainment company founded by Erick Thohir.^[2] The group owns and operates the printed newspapers Harian Republika and Harian Indonesia, a magazine (Golf Digest), a regional free to air television station (JakTV), and a radio station (Gen FM).^[3][4]

PT Mahaka Media Tbk

Trade name	Mahaka X
Formerly	Abdi Bangsa (1992–2010)
Company type	Public company
Traded as	IDX: ABBA
Industry	Media
Founded	28 November 1992; 32 years ago (1992-11-28)
Founder	Erick Thohir
Headquarters	Jakarta , Indonesia
Area served	Indonesia
Key people	Dr Abdulgani (chairman) Adrian Syarkawi (vice chairman)
Products	Broadcasting, publishing, out of home and digital media
Revenue	Rp 251 billion (2019)[1]
Operating income	-Rp 29 billion (2019)[1]
Net income	-Rp 45 billion (2019)[1]
Total assets	Rp 413 billion (2019)[1]
Total equity	Rp 107 billion (2019)[1]
Owners	Beyond Media (40.47%) Solic Kreasi Baru (13.77%) Mediahuis Ireland (7.19%)
Number of employees	1,409 (2015)
Website	www.mahakax.com

History

Mahaka Media was originally founded with the name PT Abdi Bangsa on 28 November 1992. On 3 April 2002, Mahaka Media become a public company when it registered its shares as PT Abdi Bangsa Tbk in the Jakarta Stock Exchange (BEJ).^[5]

In 2010, PT Abdi Bangsa officially changed its name to PT Mahaka Media Tbk.^[5]

In 2019, its founder and president commissioner Erick Thohir stepped down from the company to join the government as Minister of State Owned Enterprise, leaving the position he held at the company to R Harry Zulnardy.^[6]

On 27 June 2022, Mahaka Media changed its corporate branding to Mahaka X in order to shift the company's focus from media convergence to media tech.^[7]

Business units

Newspapers

• Republika
• Harian Indonesia

Magazines

• Golf Digest

TV Stations

• JakTV (co-owned with Artha Graha Network)

Radio Services

• Mahaka Radio Integra
  • Gen 98.7 FM (Jakarta)
  • Gen 103.1 FM (Surabaya)
  • Jak 101 FM
  • Hot 93.2 FM
  • Most Radio 105.8 FM
  • Kis 95.1 FM
  • Mustang 88.0 FM
  • Noice

Other

• Mahaka Square
• CodeX Academy
• Inspire
• Xpose
• CreativeIntel
• Alive Indonesia
• Archytect

Company management

Board of Directors

• President Director: Tubagus Farash Farich ^[8]
• Director of Finance: Harry Danui
• Director of Product and Creative Development: Ahmad Aditya
• Director of Sales and Marketing: Henny M. Chandra
• Director of Corporate Affair and Corporate Secretary: Agoosh Yoosran

Board of Commissioners

• President commissioner : Mahendra Agakhan Thohir
• Commissioner: Rudy Setia Laksmana
• Commissioner: Martin Suharlie
• Independent commissioner: Aldo Rambie
• Independent commissioner: Angkie Yudistia