Further developments under MNC
In October 2001 PT Malicak's parent company, PT Datakom Asia was acquired by Salim Group in a joint venture with Bhakti Investama (now MNC Asia Holding) (51%), owned by Hary Tanoesoedibjo (HT). This is the beginning of HT's ownership in this pay TV until now.[16] Then Salim's ownership in PT Datakom disappeared, leaving HT as the main controller of the largest pay TV in Indonesia. PT Malicak (Indovision) shares were still controlled by PT Datakom by 96% in 2006, until in 2006-2008 its shares were sold to Global Mediacom, Bhakti Investama and other companies. In this case, PT Malicak can be said to have only changed parent companies, not ownership. On 3 June 2006, along with the acquisition process, the name of PT Malicak was changed to PT MNC Sky Vision. However, the product name is still Indovision.[17] Meanwhile, for Indovision's satellite manager, PT Media Citra Indostar (MCI) was initially owned by PT Datakom, but through a bond agreement,[18] and since 23 December 2016, PT MCI has become a subsidiary of PT MNC Sky Vision.[19]
On 1 April 2008, a slimmed-down suite of channels was marketed separately by Indovision as Top TV, targeting middle to lower-middle markets and rural areas uncovered by terrestrial TV. Later, on 1 November 2008, another product, OkeVision, was launched, operated under a subsidiary named PT. Nusantara Vision. Both were discontinued at the end of 2017 in the rebranding to MNC Vision.[20]
On 16 May 2009, Indovision launched a satellite named Indostar-2/Cakrawarta-2/ProtoSar-2; it has 32 transponders, including 10 active transponders and 3 backups to strengthen the S-band frequency wave. It was later renamed to SES-7 in May 2010. It is positioned at 108.2° East longitude to avoid collisions.[21][22][23] Later, Indovision has officially launched high-definintion (HD) channels which initially had two (National Geographic Channel HD and HBO HD),[24] but currently there are 29 HD channels.
Since 9 July 2012, PT MNC Sky Vision officially listed its initial shares on the Indonesia Stock Exchange, by releasing 20% of its shares at Rp 1,520/share. At that time, foreign investors also entered, namely from Saban Capital and Creador Capital, each around 17% and 13%.[25] Its customers also continued to grow, reaching 2.15 million in 2013 and being the largest player in pay TV industry.[26]
Towards the end of 2013, Indovision announced that all MPEG-2 channels would be terminated in 2014 and encouraged customers to switch to MPEG-4 (HD) decoders, and change their old broadcast cards with newer ones. This is due to Indovision's MPEG-4 technology is unable to be accessed to MPEG-2 decoders anymore.
In 2016, the shares of Global Mediacom on MNC Sky Vision were redirected to its subsidiary, PT Sky Vision Networks.[27] On 12 December 2017, Indovision, Top TV and OkeVision were merged to form MNC Vision.[28] Currently, MNC Vision is a part of MNC Vision Networks (MVN), alongside K-Vision (acquired from Kompas Gramedia in 2019) and Vision+.
On 12 May 2023, Warner Bros. Discovery Asia-Pacific ended its contract with MNC Vision and removed its 14 channels from the platform, citing contract renewal problems.[29]
On 1 November 2025, MNC Vision has rebrand as Indovision, bringing back the iconic brand after over 10 years, signaling the end of MNC Vision.
