TITULIA CITY (TNC Business) | The RNC Council has confirmed that the RNC Daily has not received any subscribers since its privatization. Therefore, it is asking for RNC Leader Julian (R-Con) and EIC JI981993 (R-Con) to allow public viewing of the paper once again – but requires that all advertising money go to the RNC directly. The RNC owns 80% of the RNC Daily, but 20% of it is owned by the powerful TC MediaCorp. TCMC redesigned the site and brought it popularity and notoriety.However, the RNC says that it is the RNC’s official paper – not TC Media’s. TC MediaCorp is expected to permit the RNC Daily to go public since it has not profited from the private Daily itself. However, it is now highly likely that the RNC Daily will spin off into a separate company, which they hoped to do if the privatization was successful. This would make the RNC 100% owner of the Daily and its products.
TCMC has said it will not permit a secession from the company, but may permit 95% of advertising revenue to go to the RNC. Calling its 5% “gracious and respectable” for all the work [TCMC] has done.
>WHAT DO YOU THINK OF THE RNC DAILY’s PUBLICIZATION? tell us here or on twitter @tctitulia.
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