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BOL extends ownership to five senior journalists

 JournalismPakistan.com |  Published: 29 November 2014

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BOL extends ownership to five senior journalists
BOL Media Network has included five senior journalists in its ownership structure. This initiative aims to enhance the income and influence of media professionals in Pakistan.

ISLAMABAD: BOL Media Network announced Saturday they will be sharing their ownership with five senior journalists and anchorpersons who recently joined them.

The journalists are Waseem Badami, Iftikhar Ahmad, Asma Shirazi, Muhammad Usama Ghazi and Nadeem Raza. In a statement, the network said that it has already shared ownership with two senior journalists, Azhar Abbas and Kamran Khan.

"BOL congratulates members of the league on achieving this prized membership which will result in a substantial contribution to their lifestyle with up to Rs200 million added to their income at the ownership grade after 5 years," the network said in a press release.

BOL termed the Ownership League a revolutionary and unprecedented initiative in Pakistan’s media history because for the first time an entire league of professionals will own a media house and not simply one individual.

Photo courtesy: bolnetwork.com

KEY POINTS:

  • BOL Media announces ownership shares to five senior journalists.
  • Journalists include Waseem Badami, Iftikhar Ahmad, and Asma Shirazi.
  • Ownership League initiative aims for significant income increase.
  • BOL has previously shared ownership with Azhar Abbas and Kamran Khan.
  • This marks a historic shift in Pakistan's media ownership model.

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