Ethiopian media moguls, athletes, investors join hands to establish African biggest TV

(EXCLUSIVE REPORT BY HABESHA INFORMER)

Gossip has it that they rented Aljazeera America’s Studio for international broadcasting
Athletes Haile Gebresilasie, Gebregzabher Gebremariam; media moguls Noh Samara of Worldspace and Amare Aregawi of “Reporter” have joined hands along with other 20 shareholders to establish biggest African satellite television called “African Renaissance Television (ART)”.

Habesha Informer could learn from its sources and key knowledgeable individuals that ART is currently undertaking the necessary technical financial and organizational preparations. The redesigning and building restructuring work for a studio complex on Gebregzabher Gebremariam’s new building at Bole is one of the notable preparations.

It’s also gossiped that African Renaissance Television (ART) has also rented Aljazeera America’s studio in Newyork for international broadcasting. The studio is abandoned by Aljazeera America on its bankruptcy on April 30, 2016.
African Renaissance Television (ART) shareholders have a 1 million ETB individual share.

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