Independent Television Network • Media Power Monitor

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Source Passport

LK-M-00006-2

Issued and maintained by MJRC

Legal name: Independent Television Network Limited
Country: Sri Lanka
Type: Television
Founded: 1979
Editor-in-chief: Priyantha Wedamulla (Chairman)
Claim: Not claimed by the organisation
Last verified: 14 August 2026

1 of 6 layers verified

Origin Partly verified
Control Not yet verified
Money Not yet verified
Channels Verified
Distribution Nothing disclosed
Networks Nothing disclosed

Transparency

Partial

4 of 6 key disclosures on record, 1 of them checked by our researchers.

Legal name and registration number not disclosed
Owners with influence on record, not yet checked
Beneficial owners (the people behind the companies) not applicable
State or public-body ownership stated on record, not yet checked
State advertising or revenue mix on record, not yet checked
Public contact address not disclosed
Official websites and accounts verified

State-owned

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Who is it?

Origin

Partly verified

Brand names Pending check: ITN
Vasantham TV
Lakhanda Radio
Lakhanda Classic
Vasantham FM
Company registration number: Not disclosed
Registered address: Not disclosed
Public contact email: Not disclosed

1 source

State Media Monitor, 'Independent Television Network (ITN)', 31 July 2026, updated 4 August 2026, read 2026-10-19 (secondary: Independent Television Network Limited, public limited company wholly state-owned; began 13 April 1979, placed under government ownership by Gazette Extraordinary No. 39/4 of 5 June 1979; converted under Act No. 23 of 1987 in April 1992; all 9,500,000 issued shares held by the Secretary to the Treasury; Ministry of Mass Media; Chairman Priyantha Wedamulla, appointed September 2024; audited 2024: total income LKR 1.959bn, government financing LKR 109.95m (about 5.6%), profit LKR 24.8m; 2023 loss LKR 181.6m; ITN, Vasantham TV, Lakhanda Radio, Lakhanda Classic, Vasantham FM)

Who stands behind it?

Control

Not yet verified

Owners with influence Pending check: Owner Share % Holding Owner type
Secretary to the Treasury (on behalf of the Government of Sri Lanka) 100% Direct State or public body
Beneficial owners: Not disclosed
State or public-body ownership Pending check: Fully state-owned
Parent group Pending check: Government of Sri Lanka (Ministry of Mass Media institution)

Owner	Share %	Holding	Owner type
Secretary to the Treasury (on behalf of the Government of Sri Lanka)	100%	Direct	State or public body

2 sources

Who pays?

Money

Not yet verified

State advertising and foreign public funding: Not disclosed
Revenue mix Pending check: Source Share of revenue
Public funding Under 10%
Named funders: Not disclosed

Source	Share of revenue
Public funding	Under 10%

1 source

State Media Monitor, 'Independent Television Network (ITN)', 31 July 2026, updated 4 August 2026, read 2026-10-19 (secondary: Independent Television Network Limited, public limited company wholly state-owned; began 13 April 1979, placed under government ownership by Gazette Extraordinary No. 39/4 of 5 June 1979; converted under Act No. 23 of 1987 in April 1992; all 9,500,000 issued shares held by the Secretary to the Treasury; Ministry of Mass Media; Chairman Priyantha Wedamulla, appointed September 2024; audited 2024: total income LKR 1.959bn, government financing LKR 109.95m (about 5.6%), profit LKR 24.8m; 2023 loss LKR 181.6m; ITN, Vasantham TV, Lakhanda Radio, Lakhanda Classic, Vasantham FM)

Where does it appear?

Channels

Verified

Official websites Verified: itn.lk
Official social accounts: Not disclosed

1 source

Input master list Q041-WORLD-media-LB-LK-MA-MG.csv (MPMONITOR master, updated 2026-08-14; domain as listed in input)

How does it travel?

Distribution

Nothing disclosed

Distribution partners: Not disclosed

Who is connected?

Networks

Nothing disclosed

Sister outlets in the same group: Not disclosed
Documented public-office or party roles: Not disclosed

Change history

Version	Date	What changed
2	20 October 2026	Updated from research database (Origin, Control, Money, Channels)
1	19 October 2026	First published

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