Media Conglomeration and Concentration in Taiwan

After the liberalization of the country in the mid 1980s, the state began gradually loosening restrictions on the regulation of politically dissenting media, particularly newspapers. Out of Taiwan's 170 daily newspapers, the three largest are family owned, the largest being the United Daily News, founded in 1950. The UDN has a history of being extremely pro-state and was strongly anti-reformist during the martial law period. True to its roots, it still maintains a very strong pro-state stance, favoring an eventual reunification with the mainland. On the opposite side of the political spectrum is the Liberty Times, founded in 1980 strongly favoring Taiwanese identity and solidarity as well as independence. The third largest is the China Times, considered moderately pro-government, though it has fallen on hard times as of late as it was sold to food producer conglomerate Want Want China in 2008. Newspaper ownership in Taiwan became entirely privately owned when the last state-run newspaper, the Central Daily News, closed its doors in 2006.

Formosa TV (FTV) the first
wholly DPP owned and
controlled television station.

Liberalization also gave rise to the number of privately-owned, non-government aligned media companies that soon began to gain popularity and overshadow the state media. However, media bias still is rampant. For example, the three terrestrial TV channels: China Television Co. (CTV), Chinese Television System (CTS), and Taiwan Television Enterprise (TTV). Of these three companies, the KMT owned 68 percent of CTV and a small share of TTV, the KMT-controlled Taiwan provincial government owned 49 percent of TTV, and the Ministry of National Defense owned 60 percent of CTS - for whose staff KMT membership was obligatory. But as time progressed, notably anti-KMT companies emerged, like Formosa TV, owned by strong supporters of the Democratic Progressive Party (DPP), the primary opposition party. However, none of these companies claim editorial neutrality, rather, Formosa TV just added an equally politically biased network on the other side of the spectrum. As of 2007, the 5 largest cable television systems are EThome, China Network Systems, Taiwan Broadband Communications, Fuyang Media Technology, and the Taiwan Infrastructure Network Provider. EThome and China Network Systems own the majority of the market share, 24% and 25.7% respectively, as opposed to independent systems which take up only 19.2%.  Foreign investment is also a key part of the media landscape as well, with various Hong Kong media conglomerates owning channels, such as Phoenix group. Though many of these stations were founded by the KMT and had membership comprised of only KMT party members, they now have private ownership after a 2006 statue opened up shares to private owners and investors.    

Sources:
http://www.pressreference.com/Sw-Ur/Taiwan.html
http://www.atimes.com/atimes/China/EB25Ad02.html
http://www.taipeitimes.com/News/biz/archives/2008/11/05/2003427822