BOL Network explained

BOL Network 4K (Pakistan)
Foundation:June 2013
Native Name Lang:ur
Romanized Name:Bol (lit. 'speak')
Type:Private
Area Served:Pakistan
Industry:Media and publishing house
Parent:AsiaPak Investments
Location City:Karachi
Location Country:Pakistan

BOL Network (Urdu: {{URDU|بول نیٹ ورک) is a Pakistani TV network. It is formerly owned by Shoaib Ahmed Shaikh.[1] [2] [3] The company's head office is located in Karachi and called Bolistan,[4] and it has regional headquarters in Lahore, Peshawar and Islamabad.

In September 2023, Bol Network was acquired by AsiaPak Investments, a private investment firm, for an undisclosed sum, and Sameer Chishty was appointed as the new chairman and chief executive officer (CEO) of Bol Network.[5] [6]

Programing

Current Shows

History

The BOL Network was started by Pakistani businessman Shoaib Ahmed Sheikh in June 2013, and according to him, it was meant to create an independent media house to portray a soft image of Pakistan and several notable journalists joined the network at that time.[7] After a number of delays, the network was launched on December 1, 2016.[8]

It claims to have offered insurance of up to Rs. 10 million to cable operators.[9] In 2014, BOL Network advertised on more than 20,000 public transport vehicles in Pakistan.[10] The company also announced a television set brand by the name of BG.[11]

In 2017, Bol was accused of defaming politician Ishaq Dar.[12]

In September 2022, PEMRA again revoked the network's license due to the channel failing to acquire security clearance.[13] [14]

Axact scandal

See main article: Axact.

Involvement

When the offices of Axact were raided by the authorities, Bol Network provided digital satellite news gathering vehicles to block journalists from accessing to the building.[15] In the course of the investigation, Bol was accused of using illegally imported equipment.[16]

Aftermath

Many journalists and other senior staff, including the editor-in-chief Kamran Khan,[17] resigned in the course of the scandal.[18] [19] [20] [21] [22]

ARY Digital HD Network Group

In August 2015, ARY Digital HD Network Group announced that they would take over the business and incorporate into their network,[23] but these plans eventually failed.[24] [25]

Acquisition

In September 2023, AsiaPak Investments acquired Bol Network. Sameer Chishty was named the new Chief executive officer.[26]

BOL Network Channels List

See also

Notes and References

  1. Web site: BOL Network boss promises biggest ever corporate launch. journalismpakistan.com. 29 August 2014. 3 September 2014. https://web.archive.org/web/20140903153612/http://www.journalismpakistan.com/news-detail.php?newsid=1412. live.
  2. Web site: Talal. Syed. ARY Quits BOL Network Takeover. Prop Pakistani. 26 April 2016. 4 May 2016. https://web.archive.org/web/20160504034443/http://propakistani.pk/2015/09/30/ary-quits-network-takeover/. live.
  3. News: Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions. 17 May 2015. The New York Times. Declan Walsh. Declan Walsh (journalist). 1 March 2017. 9 May 2019. https://web.archive.org/web/20190509065740/https://www.nytimes.com/2015/05/18/world/asia/fake-diplomas-real-cash-pakistani-company-axact-reaps-millions-columbiana-barkley.html. live.
  4. Web site: BOL Builds State-of-the-art Infrastructure in Pakistan . Bolnetwork.com . 2016-09-14 . 24 October 2016 . https://web.archive.org/web/20161024035203/http://www.bolnetwork.com/bol-infrastructure/ . live .
  5. Web site: Bol Network acquired by AsiaPak Investments . 11 September 2023 .
  6. Web site: AsiaPak Investments acquires Pakistan's Bol Network, amount not disclosed . 11 September 2023 .
  7. Web site: Big Names in Pakistani Media Making the Move to BOL TV. ZemTV. 26 April 2016. 31 May 2016. https://web.archive.org/web/20160531013323/http://www.zemtv.com/2013/08/21/big-names-in-pakistani-media-making-the-move-to-bol-tv/. live.
  8. Web site: Bol Entertainment to be launched on 1st December . HIP DESK. 16 November 2018 . Hip . 7 August 2023 . hipinpakistan.com . https://web.archive.org/web/20220126033349/https://www.hipinpakistan.com/news/1156102 . 26 January 2022.
  9. Web site: BOL Network announces free lifeinsurance of up to Rs. 1 crore to cable operators across Pakistan - Pakistan Tribe. www.pakistantribe.com. 2016-09-17. 20 January 2022. https://web.archive.org/web/20220120224418/http://www.pakistantribe.com/pakistan-news/3510/bol-network-announces-free-life-insurance-of-up-to-rs-1-crore-to-cable-operators-across-pakistan. live.
  10. Web site: BOL Family Program providing Rozgar upgrading Public Transport: Simply CSR or Brilliant Marketing Strategy?. Media Watch 360. 24 November 2014 . 26 April 2016. 26 April 2016. https://web.archive.org/web/20160426233431/http://mediawatch360.blogspot.kr/2014/11/bol-family-program-providing-rozgar.html. live.
  11. Web site: BOL Group Introduces Its Very Own TV brand – BG!. www.bolnetwork.com. 2016-09-18. 24 October 2016. https://web.archive.org/web/20161024035642/http://www.bolnetwork.com/press-release/BOL-introduces-BG/. live.
  12. Web site: Ishaq Dar Sends Legal Notice to Bol TV & Dr. Shahid Masood. 30 January 2017. 30 January 2017. 30 January 2017. https://web.archive.org/web/20170130135955/https://propakistani.pk/2017/01/30/ishaq-dar-sends-legal-notice-bol-tv-dr-shahid-masood/. live.
  13. Web site: 2022-09-07 . Pakistan: BOL broadcast suspended across Pakistan / IFJ . 2023-05-30 . www.ifj.org . en . 30 May 2023 . https://web.archive.org/web/20230530145259/https://www.ifj.org/media-centre/news/detail/category/press-releases/article/pakistan-bol-broadcast-suspended-across-pakistan . live .
  14. Web site: Dawn.com . 2022-09-05 . Pemra orders 'immediate' closure of Bol News broadcast citing failure to obtain security clearance . 2023-05-30 . DAWN.COM . en . 30 May 2023 . https://web.archive.org/web/20230530145249/https://www.dawn.com/news/1708573 . live .
  15. Web site: 'Fake degrees mill' FIA raids Axact offices. The Express Tribune. 2015-05-20. en-US. 2016-09-17. 18 September 2016. https://web.archive.org/web/20160918125337/http://tribune.com.pk/story/889156/fake-degrees-mill-fia-raids-axact-offices/. live.
  16. Web site: Equipment at Bol TV 'imported illegally'. The Express Tribune. 2015-05-26. en-US. 2016-09-17. 18 September 2016. https://web.archive.org/web/20160918095602/http://tribune.com.pk/story/892412/equipment-at-bol-tv-imported-illegally/. live.
  17. Web site: Kamran Khan quits Axact's BOL Network. 2016-09-17. 18 September 2016. https://web.archive.org/web/20160918012304/http://www.samaa.tv/pakistan/2015/05/kamran-khan-quits-bol-with-immediate-effect/. live.
  18. News: Pakistani Journalists Resign to Cut Ties to Axact, a Fake Diploma Company. Imtiaz. Saba. 2015-05-23. The New York Times. 0362-4331. 2016-09-18. 12 April 2016. https://web.archive.org/web/20160412043530/http://www.nytimes.com/2015/05/24/world/asia/pakistan-says-it-has-evidence-against-axact-a-fake-diploma-company.html. live.
  19. Web site: Kamran Khan Azhar Abbas other senior journalists quit Bol. 18 September 2016. 19 September 2016. https://web.archive.org/web/20160919074729/http://www.inside.ae/Kamran-Khan-Azhar-Abbas-other-senior-journalists-quit-Bol. live.
  20. Web site: Exodus in the making: Senior journalists quit Bol TV as Axact controversy deepens. The Express Tribune. 2015-05-24. en-US. 2016-09-18. 9 April 2016. https://web.archive.org/web/20160409060333/http://tribune.com.pk/story/891416/exodus-in-the-making-senior-journalists-quit-bol-tv-as-axact-controversy-deepens/. live.
  21. 602118386328444928. AajKamranKhan. Charges against Axact far from proven in court but my conscience not letting me continue.I've decided to disassociate from Bol immediately. Kamran. Khan. Kamran Khan (journalist). 2015-05-23. 2016-09-18.
  22. Web site: Exodus in the making: Senior journalists quit Bol TV as Axact controversy deepens. The Express Tribune. 2015-05-24. en-US. 2016-09-17. 9 April 2016. https://web.archive.org/web/20160409060333/http://tribune.com.pk/story/891416/exodus-in-the-making-senior-journalists-quit-bol-tv-as-axact-controversy-deepens/. live.
  23. News: ARY CEO and Founder Salman Iqbal takes over BOL Network management — says BOL will be launched in three weeks. 19 August 2015. ARYNEWS.tv. ARY SERVICES LTD UK.. 19 August 2015. 21 August 2015. https://web.archive.org/web/20150821083055/http://arynews.tv/en/ary-ceo-salman-iqbal-takes-over-bol-network-management-says-bol-will-be-launched-in-three-weeks. dead.
  24. 649251195375083520. BOLNETWORK. Important Announcement regarding #BOL. BOL Network. 2015-09-30. 2023-08-03.
  25. Web site: Sep 30, 2015 . ARY Quits BOL Network Takeover . 29 July 2024 . Propakistani.
  26. Web site: Dawn.com . 2023-09-11 . Bol Network acquired by AsiaPak Investments . 2024-07-29 . DAWN.COM . en.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "BOL Network".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.