The Philippines- ABS-CBN Corporation reported P2.545 billion (S$75 million) in net income for 2015. Revenue and net income targets were exceeded for 2015, with revenues from the TV and studio sect growing over 11%, compared to the previous year. What contributed to the success was creating major hits such as Pangako Sa ‘Yo, On the Wings of Love and more, attracting significant ad revenues. ABS-CBN maintained its leadership in terms of national total day audience share, which jumped to 43% … [Read more...] about ABS-CBN’s net income jumps
BREAKING NEWS
BTI Studios and Medi-Lan merge
A year after acquisition of Medi-Lan by BTI Studios, both companies will officially operate as BTI Studios from April 2016. The two companies celebrated this new era for a new BTI Studios with a party during Hong Kong FILMART. More events are expected after the official name change in April. The acquisition announced in April 2015 brought a partnership that offered a variety of media solutions to different media companies, especially those of subtitling, dubbing and more. The name change is a … [Read more...] about BTI Studios and Medi-Lan merge
ITV Studios’ new Korean drama
ITV Studios have picked up the supernatural cop drama Who Are You, produced by Korean CJ Group represented by Eccho Rights. The deal is the first licence for a Korean scripted drama in the UK and the third ground-breaking deal Eccho Rights have made to bring the genre to Europe in the past two years. Who Are You is a supernatural cop show with a romantic twist: an elite policewoman falls into a coma after a brutal attack during a raid gone wrong. Six years later, she awakes and resumes … [Read more...] about ITV Studios’ new Korean drama
Astro launches Tribe
Kuala Lumpur– Astro has just announced the launch of Tribe, a differentiated over-the-top (OTT) online video service for the region. This launch marks crucial for Astro, as Tribe is premised on Astro’s aspiration to build on customer reach and content scale. They are working with Axiata Digital Services in Indonesia, for the first launch Tribe. Tribe will start by offering live and on-demand content such as Korean dramas, sports and Asian movies. … [Read more...] about Astro launches Tribe
Multiple deals at HK FILMART
Hong Kong– Malaysia’s top creative companies; Rhizophora Ventures, Asia Tropical Films, Film Kingdom Group, Paper Plane Image Studio and Animasia Studio announced their lucrative partnerships at the Hong Kong International Film & TV Market (FILMART), during the Malaysia Networking Reception held at the Malaysia Pavilion led by the National Film Development Corporation Malaysia (FINAS). These companies partnered with companies from the UK, China and even in Johor. Rhizophora … [Read more...] about Multiple deals at HK FILMART
Red Arrow announces new VP
Munich- Red Arrow International has hired Shirley Bowers as VP Sales and Acquisitions, North America. Based in Red Arrow’s New York office, Bowers will report directly to Bo Stehmeier, SVP Global Sales, and will be responsible for leading Red Arrow’s sales activities in the US and Canada. She will also work across North American acquisitions, alongside Red Arrow’s Scripted and Non-Scripted acquisitions teams. Shirley’s previous roles include her recent work as Director, … [Read more...] about Red Arrow announces new VP