Founded on 26 November 1964 as a private company by NEC of Japan,[1] PTV was nationalised by the Pakistani government.[1]in 1970, due to low revenue.[1] For most of the 20th century, the PTV enjoyed a monopoly in the broadcasting industry until the early 2000s and was one of the two major television networks in the country. The end of PTV's monopoly in 2000 led to a boom in electronic media in Pakistan, which gained greater political influence in country's political spectrum.