Bidding took place in the PEMRA headquarters. Galaxy Enterprises bought the license in the news category in 63.5 million rupees.
Bol Enterprises bough license in the entertainment category in 48.5 million.
Licenses in Sports, Agriculture, Health and Education categories were also bought after bidding.
Earlier on August 29, federal minister for Information and Broadcasting Fawad Chaudhry announced a new, unified regulatory authority is being established to replace the existing Pakistan Electronic Media Regulatory Authority (PEMRA) and Press Council of Pakistan.
Talking to the newsmen outside Parliament House, Fawad Chaudhry said that “the government has decided [to do away] with PEMRA and Press Council and form a single, unified authority to oversee print as well as electronic and cyber media.”
The new regulator, named Pakistan Media Regulatory Authority, will comprise top officials and representatives from the media industry, the minister informed.
He said the measure would help save national resources as the new regulatory body would look after electronic, print and social media simultaneously.
Speaking about state television, Chaudhry reiterated that his ministry has ended censorship of state media and the state television channel will broadcast whatever happens in the Parliament.