According to a recent article on The Star, Astro Malaysia Holdings and Bloomberg TV Malaysia (BTVM) are said to be parting ways.
This will result in the ceasing of programmes from Astro’s Channel 519. Astro is said to have stopped broadcasting BTVM’s programmes since the beginning of July. Its two regular programmes were Moving Malaysia and Dashboard is tipped to be replaced by other Bloomberg TV programmes.
The Star article also states that the two had several ongoing issues and Astro sent out an internal memo to staff stating that BTVM will no longer air on its platforms.
A+M has reached out to both Bloomberg and Astro for a comment. Both were unable to comment at the time of writing.
Meanwhile, A+M understand Kenneth Lee, CMO of Bloomberg also left the company recently along with sales manager Cheryl Boo and COO Alain Roger Poirier.
Bloomberg TV was launched in Malaysia in 2013 in a partnership with former Malaysian minister and founder of ntv7, Dato’ Sri Mohd Effendi Norwawi’s Encorp Group. The channel took off in the market in 2014. Media industry veteran Michael Chan was named CEO of Bloomberg TV Malaysia to head the new channel.