Quezon City, Philippines – The consolidated net income of ABS-CBN Corporation registered P1.708 billion for 2012, down by 29% compared with P2.420 billion in 2011. Removing the effects of the gain from the sale of investments recognised in 2011 amounting to P1.032 billion, net income increased by 23%. According to the company, the growth in recurring income was fuelled by strong advertising revenues and consumer sales. ABS-CBN generated consolidated revenues of P31.7 billion from … [Read more...] about ABS-CBN reports recurring income growth for 2012
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Indonesia’s Global TV and VIMN renew relationship
Indonesia – Viacom International Media Networks (VIMN) Asia has announced a three-year exclusive renewal of Nickelodeon’s branded block package with one of MNC Media’s subsidiaries, a free-to-air Indonesia broadcaster, PT Global Informasi Bermutu popularly known as Global TV, that includes Nickelodeon properties like SpongeBob Square Pants, Dora the Explorer, Go, Diego, Go!, Avatar, The Legend of Aang and Teenage Mutant Ninja Turtles. The deal also appoints another MNC Media … [Read more...] about Indonesia’s Global TV and VIMN renew relationship
HIT Entertainment greenlights ninth series of “Fireman Sam”
London – HIT Entertainment announced that a brand new CGI series of Fireman Sam and a feature-length special will be released in December 2013. The 24x10’ TV series will be produced along with one extended episode (1 x 22’). These will be followed by a 60-minute feature-length special, in which Turner Broadcasting has already acquired the rights for its pre-school channel Cartoonito. The ninth season of the series will be produced by China-based digital animation company Xing … [Read more...] about HIT Entertainment greenlights ninth series of “Fireman Sam”
SES increases international reach
Luxembourg – SES announced that it has further increased its reach in 2012, driven by strong gains, especially in India and Germany. SES now reaches 276 million TV homes worldwide, over 17 million homes more than in 2011. The most important growth driver of the increase in reach was India, with a year-on-year gain of 7.5 million TV homes. The two very successful DTH platforms, Dish TV and Airtel Digital TV, now reach 25 million Indian TV homes with SES satellites. The SES capacity in India … [Read more...] about SES increases international reach
MIPTV: MIPFormats International Pitch competition 2013 finalists announced
Paris – MIPFormats has announced the names of the MIPFormats International Pitch competition finalists who will be invited to Cannes to pitch their projects during the 4th edition of MIPFormats, running on April 6-7, 2013, ahead of MIPTV (April 8-11 in Cannes, France). Warner Bros. International Television Production, the exclusive sponsor of the competition, oversaw the pre-selection and will spend up to €25,000 to develop the winning project of the MIPFormats Pitch. The five … [Read more...] about MIPTV: MIPFormats International Pitch competition 2013 finalists announced
Star Chinese Movies partners with Emperor Motion Pictures to “Go Local”
Hong Kong – Star Chinese Movies (SCM) has partnered with Emperor Motion Pictures (EMP) to kick off a new initiative called “Go Local!” in support of the Hong Kong film industry. Witnessing the growing demand for local content, this initiative aims to support and nurture Hong Kong directors, actors, actresses, talents in the field of film production and create stories that are relevant to the local audience. To kick start the “Go Local!” initiative, SCM and EMP will … [Read more...] about Star Chinese Movies partners with Emperor Motion Pictures to “Go Local”