|Type||State Owned Company|
|Services||News; Opinion programs; entertainment|
Launched in June 1965, the channel was founded with $5 (SHD) million in funding, the majority of which was provided by Imperial Party and NIB. It was set up with the aim of broadcasting "original news, opinion and debate", with a mix of news coverage and opinion-based content. Pengu-1 has been repeatedly described as a state propaganda for Nystatiszna government. However the government of Nystatiszna has repeatedly stated Pengu-1 is an independent broadcasting agency.
In 15, January 2022 Federation of the Southern Coast invested heavily into the Pengu-1 and in broadcasting services all across the country. Increasing Nystatinne listener accounts by over 200%, as radios was handed out to villages and small towns across the country. Thanks to the additional funding from the Federation.