Popular Broadcast
 International logo since February, 1965 | |
| Type | Cooperative |
|---|---|
| Genre | Media |
| Predecessor(s) | Eothasi Journal |
| Founded |
12 September 1913; 106 years ago (as Diario d'Eothasia 13 December, 1963; 56 years ago (as Difusión Popular) |
| Founder(s) | Martine Baumer |
| Headquarters | Wyzim, 14651, Eothasia |
| Area served | Worldwide |
| Key people |
Isolde Lorentz (Chairwoman) Florian Lewerentz (Director-General) |
| Products | Broadcasting · Radio · Web portals |
| Services | Television · Radio · Online |
| Revenue | ℭ7,433 billion (2019) |
| Operating income | ℭ2,329 billion (2019) |
| Net income | ℭ1,662 billion (2019) |
| Employees | 83.119 (2019) |
| Website |
www.difupop.eot ¦ difupop.com (outside Eothasia) |
Popular Broadcast (officially Difusión Popular S.C.) is a major Eothasi news broadcasting and reporting company operating out of the capital city of Wyzim. It specializes mostly in television and web portal methods, although it also maintains light sectors of newspaper and radio transmissions.
Established in 1913 as the Diario d’Eothasia by Martine Baumer, it was exclusively centered around the newsprinting industry and extended a great deal of its business to various cities surrounding the Federal State of Wyzim. It wasn’t until 1963, when the company was refounded as Difusión Popular, that it truly achieved width of a national level. Before 1970, newspapers of the company could be found in every major city in the country and its radio and television programs were some of the most popular nationwide.
As of 2019, the company has greatly expanded not just within the national territory, but also abroad. The ease of spreading television broadcasts globally as well as the implementation of web portals to bring news to virtually every corner of the globe has made the company become the largest news company in the country and one of the more prominent ones globally. Divided into various different sectors in order to maximize the categorization of news, it has at its disposal over 80.000 employees, including reporters, anchors, cameramen and hundreds of other positions.
Company Overview
The Popular Broadcast is an international business that specializes in the field of gathering and broadcasting of news and current events. It is the single largest such company in the Imperial Socialist Republic and is responsible for hundreds of hours of television output each day, as well as the production of dozens of videos uploaded to online social networks and media outlets as part of its broadcast. The Popular Broadcast also has a presence in the international realm and often comments on news occurring elsewhere, although this is mainly designed to inform Eothasi listeners and viewers.
As a private cooperative company based out of the city of Wyzim, the Popular Broadcast has a total of 83.000 partners currently associated with it, operating under a total budget of over ℭ5 billion. The company’s journalist group is divided mainly into several different categories: Popular » Politics, which focuses on providing political information regarding the Imperial Socialist Republic —and, as such, is one of the leading reporters on debates, political campaigns, and initiatives from the Eothasi State— both domestically and abroad with its international partners. Secondly, Popular » Eothasia. This refers to any and all news that could fit a general spectrum that occurs within or directly affects Eothasi citizens. Thirdly, Popular » International, in which the general events affecting the international scale are gathered. Fourth, Popular » Economics & Business, where the general state of both the domestic and global economies are collected. Fifth, Popular » Sports, where the most popular national and most notable international sports results and events are located. Sixth, Popular » Science, where important scientific news such as discoveries, research institutions, and other science articles are published. Seventh, Popular » Health, where articles of importance in matters of health are published. Eighth, Popular » Opinion, the concentration of all opinionated articles within the Popular Broadcast.
The Popular Broadcast is headquartered in the city of Wyzim. Its office building, the Studio d’les Veritats, or the Studio of the Truths, is a large building in the city’s downtown district.
About Us
What is today known as the Popular Broadcast was, in truth, one of the first companies to be established under the new rules dictated following the approval of the Popular Constitution of 1913. Given the necessity of establishing companies only through cooperative methods in order to ensure the equal distribution of riches from economic benefit obtained by the company, the then Eothasi Journal was established by 217 partners, each of which provided a substantial initial quota for the start-up. Given the restructuring of the Eothasi economy at the time in order to transition to a socialist system, there was extensive competition amongst different companies attempting to become key players in the field of journalism and media.
Eothasi Journal enjoyed incredible success, quickly becoming one of the most versatile media outlets in the country. By 1950, it had become the most popular news outlet in the country, operating both in print, on the radio, and on live television throughout the country. In the 1963 Workers’ Assembly in December, it was decided that the name of the company should be changed to its currently incumbent one: Popular Broadcast (officially inscribed as Difusión Popular, S.C.)
Popular Broadcast today boasts a number of television services, including Difusión a Diario, or “Broadcast Daily”, a 24-hour news program that outlines the most important events occurring both in Eothasia and around the world; it also has Series Popular, or “Popular Series”, which broadcasts popular shows, movies and documentaries produced both domestic (including such elements produced by Popular Broadcast itself) and foreign. Furthermore, it works with a number of radio networks, providing everything from news to music to podcasts and more. Digitally, it also provides all services available on radio and television as well as updates on sports (matches, events, previews, etc.), weather, and a massive archive of news dating back to the start of the Eothasi Journal as well as news from other outlets for certain important articles.
As a cooperative company, all remaining proceeds at the end of each fiscal year —after paying taxes and budgeting expansion projects for the following year— are equally distributed amongst all partners of the company. In order to join the company as a journalist, an individual must become a partner in the company, which implies paying an initial quota. Afterwards, most of its income comes from advertising, premium level content, and newspaper and magazine sales.
The budget and expenditure for the 2019 fiscal year superseded ℭ5 billion for the first time, a record-high expenditure for the company. However, it was also the year of a record-high revenue for the company, bringing in over ℭ7,4 billion after taxes. As such, the average dividend given to workers at the end of the fiscal year came in at just under ℭ20.000 per worker. Given this high income, the investments being made into the future of the company are extremely notable, especially with regards to its projects for expansion into other countries.
History
[WIP]
