Cannes- STAR Group Ltd. (STAR) and Balaji Telefilms Ltd. (Balaji) will jointly create a network of regional language general entertainment channels initially targeted at the fast growing South India market. To be headquartered in Chennai, 51% of the venture is owned by STAR, the rest held by Balaji. STAR will be responsible for network operations, while Balaji will produce regional language shows exclusively for the joint venture channels. The partners will pool resources to infuse VIJAY with … [Read more...] about STAR and Balaji Telefilms to create regional TV channels
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2waytraffic re-launched as 2 waytraffic International following
Cannes- 2waytraffic N.V., Netherlands-based developer of interactive content, has acquired and integrated with Celador International Limited (CIL) to be re-launched as 2waytraffic International. CIL's staff joins the 2waytraffic sales, production, marketing and legal teams in integrated departments based in Hilversum and CIL's London offices. 2waytraffic International, headed by Ed Louwerse, was established last December to capitalize on the 2waytraffic catalogue, targeting territories outside … [Read more...] about 2waytraffic re-launched as 2 waytraffic International following
Fully converged’ trade show set for Hong Kong Nov 2008
Cannes- Described as 'ironically historic' by Reed Midem CEO Paul Zilk, a new incarnation of MIP Asia is to launch November 2008 in Hong Kong. Called 'Amazia', it is billed as 'the first pan-Asian, business-to-business exhibition and conference devoted to the creation and distribution of international entertainment content across all delivery platforms.' While begging the question why Reed Midem would organize such an event in Hong Kong, at a similar time to the Reed-organized Asian Television … [Read more...] about Fully converged’ trade show set for Hong Kong Nov 2008
Japan, China and India to lead the revenue rush
Hong Kong- Broadband in Japan and Korea and digital TV in China and India will spearhead the growth in the media industries' revenues, according to Media Partners Asia. Japan's broadband sector will generate approximately US$19 billion in annual turnover by 2015, while the overall broadband pay-TV market will be worth a sizable US$28 billion, MPA predicts. The research and analysis firm says digital adoption will grow exponentially in India, but broadband consumption will remain modest. MPA … [Read more...] about Japan, China and India to lead the revenue rush
Southern Star and Malaysia’s Creative License sign co-production and distribution deal worth US$10 million
Cannes– The Multimedia Development Corporation (MDeC) led 30 Malaysian companies to MIPTV and helped Creative Licence Sdn. Bhd. secure a co-production and worldwide distribution deal for its 2D animation series (52 x 11 min), Hairy Legs, with Australia’s Southern Star Entertainment Pty Ltd. Creative Licence’s agreement with the sixth largest international distributor of English language programmes outside US is valued at US$10 million with production to take place in … [Read more...] about Southern Star and Malaysia’s Creative License sign co-production and distribution deal worth US$10 million
China’s first 3D channel to debut May 1
Shanghai- Shanghai Interactive Television Co Ltd is launching China's first 3D channel on May 1.The 3D programmes, which require special glasses to view, will include documentaries, Olympic sports games and entertainment, the Xinhua news agency reported.SiTV operates 21 paid digital channels which reach more than 5.7 million viewers. … [Read more...] about China’s first 3D channel to debut May 1
