This is an automatically generated PDF version of the online resource sri-lanka.mom-rsf.org/en/ retrieved on 2019/12/07 at 13:13
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Hiru News

Hiru News is a trilingual news website under Asia Broadcasting Corporation (Pvt) Limited (ABC). The company is listed as a member of Rayynor Silva Holdings (Pvt) Limited on the latter's official website. Hiru News publishes news content ranging from domestic affairs to international news, as well as business, sports and entertainment. Sharing its name with Hiru FM and Hiru TV, Hiru News provides links to all the media-related outlets under ABC, including its sister website, Hiru Gossip.

Key facts

Audience Share

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Ownership Type

Private

Geographic Coverage

International

Content Type

Free

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Asia Broadcasting Corporation (Pvt) Limited

Ownership

Ownership Structure

Hiru News is owned by Asia Broadcasting Corporation (Pvt) Limited, a member of Rayynor Silva Holdings (Pvt) Limited. The total shares of the company are owned by Skyline Pacific Real Estate (Pvt) Limited. Notably, Skyline Pacific Real Estate (Pvt) Limited is wholly owned by the Silva family, particularly by Chairperson Rayynor Silva (33.33%), his mother (33.33%) and father (33.33%).

Voting Rights

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Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

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Affiliated Interests Founder

Hiru News was founded under Asia Broadcasting Corporation (Pvt) Limited which is owned by Rayynor Silva. Rayynor Silva is a well-known businessman in the broadcasting field of Sri Lanka. He is the Chairperson of Asia Broadcasting Corporation (Pvt) Limited, which remains one of the largest radio networks in the country. He took over Asia Broadcasting Corporation (Pvt) Limited after the UK-based Sunrise Group closed down their operations in both the UK and Sri Lanka. Rayynor’s brother Vincent Silva serves as the current CEO of Asia Broadcasting Corporation (Pvt) Limited. Meanwhile, former Minister of Parliament Duminda Silva is also Rayynor Silva’s brother. On 11 October 2018 the Supreme Court dismissed the appeal filed by Duminda Silva for the murder of former Member of Parliament, Bharatha Lakshman Premachandra.

Affiliated Interests Ceo

Vincent Silva is the CEO of Asia Broadcasting Corporation (Pvt) Limited. He is the brother of Chairperson Rayynor Silva and former Member of Parliament, Duminda Silva, who was sentenced to death for the murder of former Member of Parliament, Bharatha Lakshman Premachandra. Vincent also serves as a Director in Skyline Pacific Real Estate (Pvt) Limited, which was the sole shareholder of Asia Broadcasting Corporation (Pvt) Limited until March 2018.

Affiliated Interests Editor-In-Chief

Sudewa Hettiarachchi is the Directors of News at Hiru TV and Hiru FM. He entered Sri Lanka’s media sphere at an early age as a dubbing artist in Radio Ceylon’s ‘Lama Pitiya’. He joined Asia Broadcasting Corporation (Pvt) Limited in 1998. He was reportedly the pioneering anchor of Hiru FM’s morning programme.

Contact

Asia Broadcasting Corporation (Pvt) Limited35th Floor, East Tower World Trade Center, Colombo 1

Tel: +94 11 2 337 555

Fax: (+94) 112 346 870

E-mail : md@asiabroadcasting.lk

Website: www.hirunews.lk

Financial Information

Revenue (in Mill. $)

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Operating Profit (in Mill. $)

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Advertising (in % of total funding)

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Market Share

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Further Information

Meta Data

While the Hiru News website provides information about Asia Broadcasting Corporation (Pvt) Limited and Rayynor Silva Holdings (Pvt) Limited, it does not provide information on the founding year of the channel. Although the Hiru News team did not mention the founding year of the website upon contacting them, they confirmed the designations that have been cited by the MOM research team. Information on the shareholders was gathered through the Department of Registrar of Companies.

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