Auction for a media company in Ionio

[Ionio]

Summary. Sale of a state-owned company due to broadcasting regulatory laws

Due to the acquisition of the new territories after Ionio's victory over Tengrolhan, an anomalous situation occurred in which the state of Ionio owns the radio and television broadcasting frequencies and a radio-television broadcasting company. The legislation stipulates that the Ionian state must ensure neutrality as it is the owner of broadcast frequencies and regulates radio and television broadcasting activity. For this reason that it was decided to sell the radio and television company Tengrolhan Boardcasting Corporation - Solarios Division

Composition of the company

Tengrolhan Boardcasting Corporation - Solarios Division was valued at 356 million Auros by valuing the television radio material produced in addition to the real estate it owns. The company owns 3 radio channels-18 television channels.  The television channels are part of the Tfree television multiplex.  There are three radio channels are part of Channel 12C. 

For television transmission, the use of DVB at 60Hz is required while radio transmission is required to use DAB. Therefore, the new company will have to adapt to the Ionian radio-television broadcasting standard. 

(OOC: Pending understanding of stituation on television standards present in Eurth this auction we use RL terminology on television standards)

Requirements to participate in the auction

The company interested in buying Tengrolhan Boardcasting Corporation - Solarios Division will have to submit a development plan for the new media company. In addition, the company's logo and name will have to be changed. The company will also have to submit documentation regarding transparency and internal rules for broadcasting sensitive content that may violate the content regulation. Also assessed is how it relates to Authority for Communications Guarantees (AGCOM) on anti trust and freedom of expression.

AUCTION

The auction will be closed by 31 January 2024. The winner will be chosen according to the following parameter: Economic value of the bid - Preliminary development plan  - Compliance with media regulations and antitrust laws

(Monetary Conversion: 4 Auros = 1 USD/ASD)

PROCEDURE

All companies interested in participating in this auction must submit the documents here:

Ing. Antonio Rossetti

Department of Telecommunications of Ionio

Via Acilio Glabrione 34 - San Foca , Ionio

Email: anro@telco.government.in

Edited November 27, 2023 by Ionio (see edit history)

[Seylos]

FROM: Vice President of Foreign Relations and Acquisitions Pádraigín Tracey, Aontacht Meáin RLLMB (Registered Limited Liability Media Business), Loughrea, Eire, Seylos

TO: Ing. Antonio Rossetti, Department of Telecommunications of Ionio, Via Acilio Glabrione 34 - San Foca , Ionio

 

Aontacht Meáin RLLB would be delighted to enter into negotiations for acquisition of the Tengrolhan Broadcasting Corporation. Aontacht Meáin has been a prominent broadcaster within Eire, Pleinmont, Sark, Seylos, Ceris, and Argis for the past forty years. Our company has had extensive experience in nations outside of our home, ensuring that entertainment and news brought to its customers is not only one that its customers can count on but respects and caters to the culture of the people in which we do business.

Currently Aontacht Meáin operates several television and radio stations including:

• Sianel 7 (Eire)
• Undod Sianel (Seylos)
• Comedy Row (Seylos)
• Ocean News (Seylos)
• Flussnachrichten (Ceris)

Aontacht Meáin is also an authorized broadcaster of the Seylosian Broadcasting Corporation in other countries (Subject to Seylosian government regulation when broadcasting SBC media), helping to establish infrastructure and personnel for SBC operations in several languages to ensure continued service to international audiences of free and fair news and uncensored popular media.

NOTE: Aontacht Meáin is a participant in the Ethical Foreign Production Tax Scheme (REFPT), no Tengrolhan employee under our employ will make below the Seylosian national minimum wage, which is 10 Seylosian Pounds per hour (12.63 Adapton Solidus), and shall not exceed weekly work of 60 hours, except in cases of paid overtime. Labeled as a media corporation under this scheme, Aontacht Meáin is barred from allowing political censorship in regards to news channels it may operate in foreign domains.

BID INFORMATION: Aontacht Meáin wishes to place a starting bid of 505,160,000 Auros (126,290,000 Adapton Solidus or 99,985,055 Seylosian Pounds)

[United Republic]

FROM: s.bradley@amicorporate.ura
TO: anro@telco.government.in
BCC: a.sanders@amicorporate.ura, board.secretary@amicorporate.ura, j.cooper@amicorporate.ura

SUBJECT: TBC Media Company Auction Bid

The Aurelia Media International Broadcasting Corporation is the United Republic's premier source of news, entertainment, and media.
We would be an excellent Aurelian-based media company to take over the TBC. AMI has been the premier broadcaster in the United Republic, offering top-level journalism, and captivating entertainment, both live and on the screen, for millions of viewers. While we haven't ventured outside of our nation as much as we'd like to, we are ready and able to offer the same quality to the Ionian audience. We can envision Ionian-made productions, and other productions catered to the Ionian people's, while also broadening their horizons.

AMI operates multiple television, radio and web-based entities, such as

• AMI One, AMI Two, and AMI Three; channels run various programming, with prime time slots.
• AMI Kids; with productions produced from younger audiences, there are three blocks: Pre-K, K-12, and 12-16.
• AMI Wurld; travel and food channel
• AMI Show; Movies and Show reruns after syndication.
• AMI Sci; Science and other educational content
• AMI Plus; IPTV Subscription channel.
• AMI News; 24/7 News and News-based content
• Boombox Music - FM and DAB Radio Brand, various niche channels beneath it
• AMI+, Online Subscription Platform, Exclusive Content, Video On Demand.
• AMI.NEWS, online news platform.
• AMI Glubal Theater in New Chester City, is exploited by AMI Properties, and hosts various events, including AWES wrestling events such as Titanmania.

If AMI acquires TBC, it will be rebranded under the AMI brand, as AMI Ionio.

PRELIMINARY DEVELOPMENT PLAN
AMI's goal is to fund and produce Ionian media productions, that shall be syndicated for international distribution, or, remain exclusive to the Ionian media market, or the AMI networks. This would offer many opportunities for Ionian producers, writers, and talent, not only in Ionio, but also the United Republic. Secondly, we would expand AMI+ to also be available in Ionio.
We would fund productions from an allocated 100M Auro budget to begin with.

MEDIA REGULATION AND ANTITRUST LAWS
AMI is a private corporation, we will adhere to the local content laws of Ionio when producing and offering content for the Ionio market. We believe however that free speech and the freedom of expression is an innate natural right. In regards to Anti-Trust, AMI complies with all anti-trust laws of the United Republic and the State of New Chester.

OPENING BID
AMI's opening bid for this auction will be 610,000,000 Auros.

Sincerely
President of the Aurelian Media International Broadcasting Company
Steve Bradley

Vice President of the Aurelian Media International Broadcasting Company
Janet Cooper

Chief Strategy Officer of the Aurelian Media International Broadcasting Company
Arnold Sanders

[Orioni]

Big Story News: Bid for Tengrolhan Boardcasting Corporation — Solarios Division

To: Ing. Antonio Rossetti
From: Ryker Wolfe, Head of Acquisitions, Big Story News (BSN)
Date: January 31, 2024
Subject: Big Story News Bid for Tengrolhan Boardcasting Corporation — Solarios Division

Dear Ing. Rossetti,

On behalf of Big Story News (BSN), a leading international news channel renowned for its in-depth investigations, diverse perspectives, and commitment to journalistic integrity, I am pleased to submit our official bid for the Tengrolhan Boardcasting Corporation — Solarios Division.

Understanding the Opportunity:

We believe the acquisition of Tengrolhan Boardcasting Corporation — Solarios Division presents a unique opportunity for BSN to:

• Expand our reach and impact: We are eager to connect with the Ionio audience and offer them our distinctive brand of news coverage, empowering them to form their own informed opinions on global and local matters.
• Contribute to Ionio's media landscape: We fully respect Ionio's commitment to media neutrality and are confident our approach aligns with this principle. We value diverse voices and will work diligently to integrate local talent and perspectives into our programming.

Drive innovation and quality: BSN brings a proven track record of success in attracting large audiences through high-quality journalism, innovative storytelling, and responsible content creation.

Our Bold Vision:

Our bid is accompanied by a comprehensive development plan outlining our vision for the future of the acquired media company. Key elements include:

• Rebranding: We propose renaming the company “Ionio News Network” to reflect its national identity and mission.
• Content diversification: We will maintain diverse programming while introducing flagship investigative reporting segments and insightful analysis of global and local affairs.
• Technological advancements: We plan to leverage advanced broadcast technology to ensure wider reach and accessibility across Ionio and beyond.
• Commitment to compliance: We fully understand and will adhere to all Ionio media regulations and antitrust laws.

Financial Offer:

Our bid encompasses the following:

• Base offer: 380 million Auros (A$ 95 million), exceeding the estimated value of the company to demonstrate our strong commitment.
• Performance-based incentives: Additional investments contingent on achieving defined milestones related to viewership growth, content quality, and local talent integration.

Quote

Here are some expanded examples of performance-based incentives we can offer, tied to specific milestones related to viewership growth, content quality, and local talent integration:

Viewership Growth:

• Milestone: Increase average daily viewership by 10% within the first year, exceeding national averages.
• Incentive: Additional investment of 10 million Auros to support marketing campaigns and local content production.
• Milestone: Achieve a primetime viewership share of 20% within two years, competing with established Ionio networks.
• Incentive: Investment of 15 million Auros to upgrade broadcasting technology and expand regional news bureaus.

Content Quality:

• Milestone: Produce and air 5 original investigative documentaries focused on Ionio-specific issues, receiving critical acclaim and awards.
• Incentive: Investment of 5 million Auros in establishing a dedicated investigative journalism unit with local talent.
• Milestone: Achieve a 90% satisfaction rating from viewers on content diversity and quality, measured through independent surveys.
• Incentive: Investment of 7 million Auros in developing educational programs and partnerships with local universities for media training.

Local Talent Integration:

• Milestone: Hire and train 20 local journalists within the first year, integrating them into key editorial positions.
• Incentive: Investment of 3 million Auros in employee development programs and mentorship opportunities for local talent.
• Milestone: Partner with 5 local media organizations to co-produce content and share resources, fostering collaboration and knowledge exchange.
• Incentive: Investment of 2 million Auros in establishing a media innovation fund supporting local content creation initiatives.

By offering specific, measurable, achievable, relevant, and time-bound (SMART) milestones linked to concrete rewards, we demonstrate a deeper commitment to the development of the media company and its integration into the Ionio media landscape.

Next Steps:

We are eager to discuss our proposal further and demonstrate how BSN can be a valuable asset to Ionio's media ecosystem. We welcome the opportunity to answer any questions and provide additional information as needed.

Thank you for your time and consideration. We look forward to your response.

Sincerely,

Ryker Wolfe
Head of Acquisitions
Big Story News

Attachments:

• 📎 Development Plan for Ionio News Network
• 📎 Financial Proposal
• 📎 Company Profile of Big Story News

⁂

Big Story News Eyes Ionio Media Auction with Bold Vision

Meda, Orioni -- February 1, 2024 -- Big Story News (BSN), the international news channel renowned for its hard-hitting journalism and diverse perspectives, has announced its intention to participate in the upcoming auction for a state-owned media company in @Ionio. This bold move signals BSN's continued commitment to expanding its reach and delivering its unique brand of news to new audiences.

“The Ionio media landscape presents a thrilling opportunity for BSN,” declared Bron Urgundy, BSN's charismatic anchor and face of the network. “We've long admired Ionio's rich cultural diversity and its growing importance on the global stage. This auction allows us to contribute to the nation's media landscape with a fresh perspective, one that values independent journalism, challenges conventional narratives, and empowers viewers to form their own informed opinions.”

BSN's interest in the Ionio media market stems from several key factors. The company's commitment to diverse voices and alternative viewpoints aligns perfectly with Ionio's stated goal of ensuring media neutrality. Additionally, BSN's proven track record of success in attracting large audiences across cultural divides positions it well to thrive in the Ionio market.

“We understand the responsibility that comes with entering a new market,” said Urgundy. “We are committed to respecting Ionio's unique cultural identity and media regulations. Our bid will reflect a deep understanding of the local landscape and a comprehensive development plan that prioritizes quality journalism, local talent, and responsible content creation.”

BSN's participation in the auction is sure to generate significant buzz. The company's reputation for bold reporting and its charismatic frontman, Bron Urgundy, have garnered both fervent support and fierce criticism. This foray into Ionio promises to be no different.

“We welcome the open and transparent nature of the auction process,” said Urgundy. “We are confident that our bid will stand out for its focus on quality, innovation, and respect for Ionio's media landscape. We are eager to engage in a constructive dialogue with the Ionio government and demonstrate how BSN can be a valuable asset to the nation's media ecosystem.”

The Ionio media auction is scheduled to close on January 31, 2024. BSN's participation adds another layer of intrigue to this highly anticipated event, and the company's bold vision for the future of Ionio media is sure to spark lively discussions in the weeks to come.

Stay tuned to BSN for further updates on this developing story.

[Ionio]

From: Ing. Antonio Rossetti, Department of Telecommunications of Ionio, Via Acilio Glabrione 34 - San Foca , Ionio

To: Ryker Wolfe, Head of Acquisitions, Big Story News (BSN), @Orioni, Vice President of Foreign Relations and Acquisitions Pádraigín Tracey, Aontacht Meáin RLLMB (Registered Limited Liability Media Business), Loughrea, Eire, @Seylos and  President of the Aurelian Media International Broadcasting Company, Steve Bradley @United Republic

Thank you for participating in this auction to acquire Tengrolhan Boardcasting Corporation - Solarios Division. Since we have received a considerable number of bids, we have decided to hold a second auction so that all participating companies can improve the auction offer and allow us to select the best bid. Also in these days there will be a hearing of the companies participating in this auction so that we can resolve some issues that have arisen.  To submit a second bid you can do so by February 10. I am attaching the bids of all the participants in this auction

Attachments:

• 📎 Aontacht Meáin RLLB economic offer (Seylos)
• 📎 Aurelia Media International Broadcasting Corporation economic offer (United Republic of Aurelia)
• 📎 Big Story News economic offer (Orioni)

The hearing will be held Feb. 12 so that we can select the best economic offer. 

OOC: In order not to spoil the counter bid of the participants, I have decided that the second bid will have to be sent in PM on discord. 

Edited February 5 by Ionio (see edit history)

[Seylos]

Aontacht Meáin RLLMB has submitted its bid through private correspondence.

[Orioni]

Second offer submitted.

 

[United Republic]

Second offer submitted

[Ionio]

The day had come when there was a hearing of the companies that wanted to buy Tengrolhan Broadcasting Corporation — Solarios Division. In the hearing room of the Ionian parliament, there was intense activity of people. In addition to the representatives of the interested companies, there were all the stakeholders affected by this acquisition. Antonio Rossetti who is the President of the department of telecommunications, Luca Amato president of the antitrust of communications, Roberto Caruso president of the Ionian Film Commission but the strange thing was the presence of the Antonio Cassano who was the commissioner of the Ionian Football League.

When everyone took their seats, Antonio Rossetti began to speak.

“Good morning everyone. This is the hearing where the companies that have expressed interest in acquiring Tengrolhan Broadcasting Corporation — Solarios Division. As you know, we have given time for the interested companies to amend with a second call of the 'auction. Today we see these new bids, and we will try to understand some points that may be strange so that we can make a choice. Before we begin, let me introduce the members of this committee. Luca Amato who is the president of the communications antitrust, Roberto Caruso president of the Ionio Film Commission and finally Antonio Cassano who is the commissioner of the Ionio Football League but in this case he represents the entire Ionio sports wurld. Before we begin I would like to welcome Ryker Wolfe, Head of Acquisitions, Big Story News (BSN), Pádraigín Tracey, Vice President of Foreign Relations and Acquisitions Aontacht Meáin RLLMB and Steve Bradley, President of the Aurelian Media International Broadcasting Company. I would also like to say at the 'beginning that in this hearing we may ask stupid or strange questions, but we want to have all possible answers so that we can make the best choice.”

---

“We start with the Big Story News offer that Ryker Wolfe is represented today. @Orioni The bid has a value of 420 million Auros in the formation of Ionio News Network. I don't understand one thing, though. In your offer you indicated the acquisition of 10% of Big Story News, but does this refer to corporate dynamics between Ionio News Network and Big Story News or does it refer to the Ionian state?”

“I also noted the part where you indicated a willingness to invest in journalism both on a national scale but also on a regional and local scale. Which is a good thing because it fosters a cycle of change and training in journalism students. So in your plans would be to either intern journalism undergraduates and in case hire them as full-fledged journalists or create some kind of freelance journalism collaboration. Can you explain more about this?”

“In your proposal I see that you want to air journalistic documentaries, but I would like to know if in the creation process you do a check to determine whether a news story is real or fake news?”

“Also, I see that you want to do surveys to figure out the satisfaction index and other types of surveys that you have presented in your proposal. My question is, how do you ensure the privacy of the people who are involved in these surveys?”

“In your offer, you indicated only documentaries. So I assume that you also make film type documentaries? If yes, can you describe your procedures?”

“My only question if you want to do you also do sports journalism and therefore give the spectator a comprehensive view of all sports or do you do different things?”

---

“We are now proceeding with the bid of Aurelia Media International Broadcasting Corporation @United Republic. The bid is 760,345,000 M Auros. In your proposal, it is indicated that you do both journalism and entertainment. So far there are no problems. My only question that puzzles me is the part about investment on telecommunications infrastructure. Can you explain this better?”

“In your proposal I see that you respect free speech and also the antitrust laws of your country, which this thing is good. But this is a question that affects several aspects, from antitrust passing through movies to sports, and so I would like to know how you want to manage AMI+ in Ionio?”

“In your proposal you have put emphasis on the part of freedom of speech which as we all know is a sacrosanct right, in fact in Ionio you can swear on TV without being censored and other such things. But I would like to know if in case you do a journalistic investigation do you do verifications to know if that news is true or false? Also, we want to know if you apply some kind of moderation of children's content?”

“You have indicated in your proposal that you want to make investments in the Ionian film industry and in local talent. This pleases me and I see that the investments are very substantial. Is it possible to go into details, at least explain your procedures on this?”

“Regarding sports, we would like to know if you give a compel view of sports to the Ionian spectator? In addition, we are concerned about the AMI+ part since already IFL, NUAA, ISCARC, IBA and IFF have systems similar to AMI+. Now I give an example to make you understand the question. The IFL makes the Thursday Night Football block available to you, and you broadcast it in Ionian, however you do not have the rights to do it in URA. So my question, how do you deal with these situations?”

---

“Now we come with the latest bid from Aontacht Meáin RLLMB, which submitted a bid of 624 million Auros. I don't see any problem but the only question that puzzles me is Ethical Foreign Production Tax Scheme (REFPT) as they already meet the Ionian standards and in some areas the Ionian standards may exceed these types of standards. Can you explain this to us properly?”

“In your proposal you have put emphasis on the part of freedom of speech which as we all know is a sacrosanct right, in fact in Ionio you can swear on TV without being censored and other such things. But I would like to know if in case you do a journalistic investigation do you do verifications to know if that news is true or false? Also, we want to know if you apply some kind of moderation of children's content?”

“You have indicated in your proposal that you want to make investments in the Ionian film industry and in local talent. This pleases me and I see that the investments are very substantial. Is it possible to go into details, at least explain your procedures on this?”

“Regarding sports, we would like to know if you give a compel view of sports to the Ionian spectator? Also, what we want to know is how do you relate with managers of the most watched sport in Ionian such as IFL, NUAA, IFF, ISCARC and IBA as they can offer you the TV rights for Ionian, but you indicated Aontacht Meáin manages other TV stations from other nations not only from Seylos, and so we want to understand how do you manage this on TV rights?”

 

OOC: You have until Feb. 19 to answer these questions. 

Edited February 15 by Ionio
spelling (see edit history)

[Seylos]

“Mr. Rossetti, I'm glad to be able to be here and speak on behalf of Aontacht Meáin, and I hope our continued dialogue will pave a path forward towards our company working more intimately in Ionio. To answer your questions:”

 

“The Ethical Foreign Production Tax Scheme is a Seylosian tax incentive program designed to ensure that relations with foreign nations are kept as high as possible through the distribution of high wages and fair working conditions. Seylosian companies operating abroad are granted tax incentives to offer Seylosian minimum wage in countries where this wage would be above the operating norm. In the case of Ionio, Seylosian minimum wage is currently two and a half times larger than is present in Ionio, and with our most recent offer closely bordering on three times. This scheme, as defined by the Royal Government, is to ensure that Seylosian businesses are incentivized to provide substantial economic benefit to the citizens of a nation where Seylosian businesses are operating. Not every business takes advantage of this scheme, but for Aontacht Meáin, it makes both ethical and economic sense to subscribe to the benefits offered. On top of this, we are required to offer half Seylosian required vacation time (this equates to two weeks per year) and, if necessary in a nation that requires it, medical benefits. There are of course further minutiae to the scheme itself, of which I would be happy to provide in another session.”

“We deeply appreciate the freedom of press expressed in Ionio and in the Kingdom of Seylos we express the same degree of journalistic freedom. As a registered and approved Seylosian Broadcasting Corporation (SBC) partner, as part of our contract we are compelled to preserve journalistic freedom wherever we broadcast, regardless of whether we facilitate the broadcasting of the SBC in a regionalized format. We would ensure that Ionians are hired to cover Ionian stories and can cover political news that is important to your country. When it comes to children's content, we of course follow the laws of any host country to the letter and respect the wishes of the cultures that we work with in order to ensure they are satisfied.”

“Aontacht Meáin of course wishes to invest in the nations that it is able to operate in. In this case, Ionian business or independent creators are able to apply for our limited grants and loans to create Ionian specific media for broadcast on Aontacht Meáin owned networks and other Ionian broadcasters. Any group or individual would be able to apply for such financial support, and we would be happy to work with the requisite Ionian regulatory agencies in order to ensure this process is able to go as smooth as possible.”

“While Aontacht Meáin does not specialize in sports coverage, we would be happy to partner with any native Ionian company to ensure that we can create and broadcast sport coverage that is suitable to the Ionian viewer. While of course we would want to acquire rights to broadcast sports in both Ionio and for international broadcast, we would not block domestic broadcasters in their ability to do the same for Ionio.”

[Orioni]

Monday, 12 February 2024, a little after 10:00 in the morning

Hearing room 12-B, Ionian parliament, San Foca, Ionio

The Head of Acquisitions at Big Story News (BSN), Mr Ryker Wolfe, sat confidently before the committee. This calm demeanour reflected his years of experience in the media industry. Wolfe's climb from an eager intern to a pivotal corporate leader at BSN was marked by the relentless pursuit of excellence and innovation. He had developed a unique acumen for identifying and nurturing journalistic talent, coupled with his strategic foresight. This had propelled him through the ranks, making him the ideal representative for BSN at this critical hearing.

Ionio News Network, a well-respected but struggling local news outlet, had put itself up for auction. And BSN was one of several media giants vying for its acquisition. The Ionian state, a small but strategically important country in Aurelia, had a vested interest in ensuring the future of its media landscape. The committee assembled here today to evaluate the proposals was under immense pressure to make the right decision.

Ryker began by addressing the auction committee's pertinent questions.

1. Corporate dynamics and the 10% acquisition

First to speak was Antonio Rossetti, President of the Ionian department of telecommunications.

ROSSETTI: “The bid has a value of 420 million Auros in the formation of Ionio News Network. I don't understand one thing, though. In your offer you indicated the acquisition of 10% of Big Story News, but does this refer to corporate dynamics between Ionio News Network and Big Story News or does it refer to the Ionian state?”

WOLFE: “You're inquiring if the 10% of BSN offered is intended to foster a strategic partnership between Ionio News Network and BSN, or if it's aimed at the Ionian state directly? This offer is designed to cement a mutually beneficial partnership between Ionio News Network and BSN, providing a foundational stake that ensures aligned interests and goals. It's a gesture towards a long-term collaboration rather than a mere transaction.”

2. Investment in journalism and talent development

ROSSETTI: “My Wolfe, I also noted the part where you indicated a willingness to invest in journalism both on a national scale but also on a regional and local scale. Which is a good thing because it fosters a cycle of change and training in journalism students. So in your plans would be to either intern journalism undergraduates and in case hire them as full-fledged journalists or create some kind of freelance journalism collaboration. Can you explain more about this?”

WOLFE: “Mr Rossetti, are you asking about our commitment to integrating journalism students into the professional sphere, correct? Indeed, our proposal includes a comprehensive internship and mentorship program for journalism graduates from Ionian universities. Our vision extends to creating a freelance journalism network, offering a platform for diverse voices and fresh perspectives, thereby enriching the journalistic landscape of Ionio, and by extension also Aurelia.”

3. Verification of news authenticity

Next was Luca Amato, president of the antitrust of communications.

AMATO: “Thank you for being here today, Mr Wolfe. In your proposal, I see that you want to air journalistic documentaries. I would like to know if, in the creation process, you do a check to determine whether a news story is real or fake news?”

WOLFE: “Glad to be here, Mr Amato. Your concern is with our process for distinguishing real news from fake news in our documentaries, yes? I can assure you that our editorial process is stringent. It incorporates multiple layers of fact-checking and source verification to ensure authenticity and reliability. We're committed to upholding the highest journalistic standards and combating the spread of misinformation. This is evidenced by our leading news program, anchored by the award-winning Bron Urgundy.”

4. Privacy in surveys

AMATO: “Also, I see that you want to do surveys to figure out the satisfaction index and other types of surveys that you have presented in your proposal. My question is, how do you ensure the privacy of the people who are involved in these surveys?”

WOLFE: “What is our plan to protect the privacy of participants in our proposed surveys? Privacy is paramount. Our survey methodologies are designed with strict adherence to data protection laws, ensuring anonymity and security of participant information. We will be completely transparent about how the data will be used and will never share it with third parties without explicit consent.”

5. Documentary film production

Second to last was Roberto Caruso, president of the Ionian Film Commission.

CARUSO: “In your offer, you indicated only documentaries. So I assume that you also make film type documentaries? If yes, can you describe your procedures?”

WOLFE: “Thank you for your question, Mr Caruso. I interpret your inquiry whether our documentaries extend to film formats, and what our production process entails? The answer is: yes, our documentaries include high-quality film productions. This is often done in collaboration with local filmmakers. To summarise our procedure, it involves thorough research, scriptwriting by award-winning journalists, and cinematic quality filming. We always aim to inform and engage viewers on significant issues relevant to Ionio and the wider world. One of our upcoming documentaries will include a retelling of the dramatic disappearance of Noel Smuk.”

6. Coverage of sports journalism

And finally, commissioner Antonio Cassano of the Ionian Football League asked the last question.

CASSANO: “My only question if you want to do you also do sports journalism and therefore give the spectator a comprehensive view of all sports or do you do different things?”

WOLFE: “Excellent question, Mr Cassano. You're asking if our sports journalism will offer comprehensive coverage across all possible sports disciplines? Potentially. Our existing sports journalism endeavours to cover a wide array of sports, both popular and less mainstream. This would certainly include catering to the diverse interests of Ionian audiences. We plan to partner with local sports organisations and athletes to provide insightful analysis, behind-the-scenes content, and inclusive coverage. We believe in coverage that goes beyond just scores and highlights.”

In conclusion, Wolfe thanked the committee for their insightful questions and the opportunity to further detail BSN's commitment to contributing positively to Ionio's media landscape.

WOLFE: “Thank you for considering our proposal. We look forward to beginning this collaboration. We hope to foster a vibrant, informed, and connected community in Ionio, thanks to our collaborative efforts.”

[United Republic]

On 2/12/2024 at 8:33 PM, Ionio said:

“We are now proceeding with the bid of Aurelia Media International Broadcasting Corporation @United Republic. The bid is 760,345,000 M Auros. In your proposal, it is indicated that you do both journalism and entertainment. So far there are no problems. My only question that puzzles me is the part about investment on telecommunications infrastructure. Can you explain this better?”

"Thank you for your question, Mr. Rossetti. Our proposal to invest in the telecommunications infrastructure of Ionio stems from our belief that a strong and reliable network is vital for the success of any media enterprise in the modern age. By improving the network, we aim to ensure better connectivity, especially in underserved areas, faster internet speeds which are vital in production, and enhanced accessibility to our audiences in Ionio. This investment aligns with our commitment to not only deliver high-quality journalism and entertainment but to also contribute to the overall development of Ionio and Ionio's media landscape, which benefits everyone."

 

On 2/12/2024 at 8:33 PM, Ionio said:

“In your proposal I see that you respect free speech and also the antitrust laws of your country, which this thing is good. But this is a question that affects several aspects, from antitrust passing through movies to sports, and so I would like to know how you want to manage AMI+ in Ionio?”

“In your proposal you have put emphasis on the part of freedom of speech which as we all know is a sacrosanct right, in fact in Ionio you can swear on TV without being censored and other such things. But I would like to know if in case you do a journalistic investigation do you do verifications to know if that news is true or false? Also, we want to know if you apply some kind of moderation of children's content?”

 

"Thank you, Mr. Amato, for your inquiries. Regarding the management of AMI+ in Ionio, we are committed to operating within the framework of Ionian antitrust regulations, while also upholding the principles for fair competition. We understand the importance of ensuring a level playing field for all market participants. As for journalistic investigations and content moderation, we adhere to rigorous editorial standards and red-team fact-checking processes to verify the accuracy of our news stories. Additionally, we implement age-appropriate content filters on AMI+ and offer AMI Kids to ensure that children are not exposed to inappropriate content. We aim to provide informative and responsible content while respecting the diverse preferences and sensitivities of our audience."

 

On 2/12/2024 at 8:33 PM, Ionio said:

“You have indicated in your proposal that you want to make investments in the Ionian film industry and in local talent. This pleases me and I see that the investments are very substantial. Is it possible to go into details, at least explain your procedures on this?”

 

"Mr. Caruso, our investment in the Ionian film industry and local talent is indeed significant, reflecting our commitment to encourage creativity and innovation within the region. Our procedures involve collaborating closely with Ionian filmmakers, producers, writers, musicians, actors, and directors to identify promising projects and provide them with financial support and resources. We prioritize projects that showcase the unique cultural heritage and artistic vision of Ionio, to produce high-quality content that resonates with both local and international audiences. Transparency and inclusivity are central to our approach, and we welcome any input and feedback from the Ionian film community throughout this process."

 

On 2/12/2024 at 8:33 PM, Ionio said:

“Regarding sports, we would like to know if you give a compel view of sports to the Ionian spectator? In addition, we are concerned about the AMI+ part since already IFL, NUAA, ISCARC, IBA and IFF have systems similar to AMI+. Now I give an example to make you understand the question. The IFL makes the Thursday Night Football block available to you, and you broadcast it in Ionian, however you do not have the rights to do it in URA. So my question, how do you deal with these situations?”

 

"Mr. Cassano, thank you for your question. Regarding sports broadcasting, as a network that broadcasts several major sporting events from the United Republic, we are dedicated to providing comprehensive coverage of sports events in Ionio, and the United Republic, to the Ionian spectator. We do however recognize the importance of securing broadcasting rights and respecting any territorial restrictions. In situations where we acquire rights to broadcast sports events in Ionio, but not in the United Republic, we will ensure that we comply with the licensing agreement, and implement geographical restrictions on our digital platforms, like AMI+. Our goal however is to offer an enriching viewing experience for the Ionian sports fans, while also respecting the rights and agreements of other leagues and organizations. We are open to collaboration and dialogue with the IFL and other sports bodies to address any specific concerns, and to explore mutually beneficial partnerships."

[Ionio]

Immediately after Steve Bradley finished speaking Antonio Rossetti indicated that the committee should meet to determine the final decision. When the committee trudged into a room isolated from the audience they began to discuss

"I think we are all satisfied with this hearing."

"Yes we already have an idea of who to choose."

"However. We have to analyze things well. I am inclined that Big Story News' offer should be discarded. I like the idea of the investment on investigative journalism but we all know that the population prefers commercial television and therefore that channel may have a very but very hard time to win the audience"

"The investment on college students may be a good thing in trying to revive humanities matieries but honestly I am too perplexed about this offer. So if there are no objections we can move on to the other two offers."

Everyone nodded and proceeded to discuss the other two offers

"Aontacht Meáin and Aurelia Media International Broadcasting Corporation are the ones who came forward with very substantial offers. Investments on telecommunications infrastructure, in the film industry, and especially they also comply with our laws. They both gave me positive feedback on the issue of checking the news before publishing bullshit. We all know what happened on the Fazellini Enterrainment case and from what I see there will be a sequel but let's leave that period of the 1990s alone."

"I agree. Let's forget that trashy, dark period of Ionio. However, we have to choose between quantity and quality of content. Both have both quality and quantity but from what I see Aurelia Media International Broadcasting is more ideal. Also considering United Republic has applied to join the Aurelia League. So I am safer to rely toward a neighbor than a distant neighbor."

Antonio Cassano arrives after a call.

"I just finished talking to other colleagues from other sports leagues. We all agreed to proceed with Aurelia Media International Broadcasting as it is closer with our ideas."

"This is a game changer. But let's take a vote. Who votes for Aurelia Media International Broadcasting?"

Roberto Caruso, Antonio Cassano and Antonio Rossetti raised their hands.

"So I assume the antitrust votes for Aontacht Meáin."

"I don't vote for him either. I prefer to remain neutral. But Aurelia Media International Broadcasting has a bid that can turn the Ionian media market upside down. So in the case my vote for this bid."

"Then we all agree?"

Everyone nodded

"Then we can finally wrap this up. Aurelia Media International Broadcasting has won the bid."

OOC: This discussion is not to be used for RP to write newspaper articles

---

After the board has discussions and validated the choices we proceed with the communication and Antonio Rossetti spoke

"First of all, we thank the participants of this acquisition. After a lengthy analysis and verification we felt that the Aurelia Media International Broadcasting bid is the winner of this auction. Aurelia Media International Broadcasting's bid is the one that was most substantial not only from a film perspective and also in the area of media infrastructure but we felt that the introduction of this company will allow for a turnover in the media market by increasingly encouraging active competition among Ionian media boardcasters."

 

Edited February 21 by Ionio (see edit history)