Try GOLD - Free

Sri Lanka's broadcasting at 100: Industry at crossroads in turbulent world

Daily FT

|

June 24, 2025

'REIMAGINING broadcasting for the digital world' is the theme of Sri Lanka Broadcasters' Symposium 2025 to be held on 25 June in Colombo.

- By Nalaka Gunawardene

Sri Lanka's broadcasting at 100: Industry at crossroads in turbulent world

This event takes place at a critical time for the country’s radio and television broadcasters, comprising 19 entities under either state or private ownership.

The local channels now compete not only with each other, but also with foreign channels and online digital content.

Some challenges faced by local broadcasters are common to the entire mass media industry. These include adapting to advancements in technologies, understanding changes in audience behaviour, and coping with unreliable revenue streams.

Broadcasters also face some issues specific to their industry. Among them are regulatory gaps that prevent a level playing field for local companies, and long delays in the country’s transition to digital terrestrial television broadcasting.

Thus, the imperative for local broadcasters is implicit in the symposium theme: reimagine their strategies for content production and audience engagement, or face increasing irrelevance.

Century of experience

Collectively, the Lankan broadcast industry has a century of experience to draw from, although harping back to the past alone cannot ensure future survival.

Radio broadcasting in Sri Lanka goes back to 1925, when Colombo Radio commenced transmitting as the first radio station in South Asia. Initially under the colonial government’s Telegraph Department, it later evolved to the Sri Lanka Broadcasting Corporation (SLBC). The first television service, ITN Sri Lanka, was started in 1979 initially as a private venture but soon taken over by the State. National television Rupavahini was launched in 1982.

MORE STORIES FROM Daily FT

Daily FT

Daily FT

US Fed delivers third rate cut of the year

THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.

time to read

1 min

December 12, 2025

Daily FT

ADB grants $ 200 m loan for water, food security in North Central Province

THE Asian Development Bank (ADB) yesterday said it has approved a $ 200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multi-use water resources development initiative.

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

Banking assets up 16% YoY to Rs. 24.5 t in 9M

THE banking industry expanded its balance sheet in the nine months to end-September 2025, with total assets increasing to Rs. 24.5 trillion and Profit After Tax (PAT) rising to Rs. 279 billion, according to Central Bank data.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

Cabinet green lights procuring range of vehicles and equipment to boost primary health care system

THE Cabinet of Ministers on Wednesday approved the procurement of a wide range of vehicles and equipment to improve the country's primary health care system.

time to read

1 mins

December 12, 2025

Daily FT

Daily FT

Cabraal discharged on condition he compensates Central Bank in three months

Lawyer argues his client had no intention of causing financial loss to GoSL

time to read

2 mins

December 12, 2025

Daily FT

Softlogic Finance to reduce stated capital and write off Rs. 7.6 b retained loss

Finance PLC yesterday announced that its Board of Directors has resolved to reduce the company's stated capital to write off accumulated losses of over Rs. 7.6 billion, which have constrained its ability to pay dividends.The retained loss figure is as at 31 July 2025.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

UN appeals for $ 35.3 m to aid Ditwah-hit Sri Lanka

THE United Nations and humanitarian partners yesterday launched a Humanitarian Priorities Plan (HPP) seeking $ 35.3 million (around Rs. 10.9 billion) to scale-up lifesaving assistance for communities devastated by Cyclone Ditwah.

time to read

3 mins

December 12, 2025

Daily FT

Daily FT

Manchester City defeat Real Madrid to pile pressure on Xabi Alonso

ERLING Haaland scored his 34th goal for club and country this season to give Manchester City a 2-1 win at Real Madrid and leave Xabi Alonso’s position as coach of the Spanish giants in grave danger.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

A call to protect Sri Lanka’s tourism investors

SRI Lanka’s tourism sector which is often hailed as the lifeline of rural economies has once again been struck by severe weatherrelated devastation.

time to read

4 mins

December 12, 2025

Daily FT

UN warns...

“IT would say that the world is not very well prepared for this.

time to read

1 mins

December 12, 2025

Listen

Translate

Share

-
+

Change font size