Star Publications (Malaysia) Berhad is foraying into broadcast television by taking up a 51 per cent stake in LI TV Holdings Limited, the owner of Li, Life Inspired, Asia’s first High Definition (HD) pan-regional lifestyle TV channel. Star’s partner in LI TV Holdings is Juita Viden International Ltd, a member of the Juita Viden Media Entertainment Group, an independent television programme distributor in Malaysia. Star will invest RM35 million for the 51 per cent stake while Juita Viden International will hold a 49 per cent interest in LI TV Holdings, which is incorporated in Hong Kong. Li is shown over Astro’s channel 706 and other Pay TV broadcasters in Hong Kong, Singapore, Indonesia and Taiwan.
Ad – Before Content
Related Articles
- DDish TV LLC Chooses PlayBox Neo Channel-in-a-Box for Broadcast Network Expansion
- JioCinema set to redefine subscription market with launch of Premium Plans
- Telecom and pay-TV services revenue in Japan to increase at 2.1% CAGR over 2023-2028, forecasts GlobalData
- UKTV has announced the commission of the brand-new series, Mudtown, for its leading crime drama channel, Alibi.
- LUX And MX Player Partner To Challenge Outdated Sexist Scenes With An Innovative Campaign ‘The End’
- CAKE signs deal with ITVX on animated comedy adventure The Guava Juice Show