Indonesia’s largest media company Media Nusantara Citra (MNC) raised US$412 million in its IPO and will spend more than $200 million to expand its media and broadcasting business, including content development and potential acquisitions. An additional $65 million will be used to repay bonds and finance future capital expenditure. MNC owns terrestrial webs RCTI, TPI and Global TV, 15 radio stations, a national newspaper and three tabloids. Post IPO, PT Global Mediacom owns 70% of MNC. … [Read more...] about Indonesia’s Media Nusantara Citra raises $412 million
Channel: Broadcaster
MediaCorp goes ‘Green’ with environmental awareness campaign
Singapore– On July 7 MediaCorp launched a month-long ‘Green Campaign’ across its television, news, radio and print businesses to raise environmental awareness. MediaCorp TV’s Channel 5 and Channel U aired Live Earth, a 24-hour concert performed on seven continents to raise awareness for climate change, non-stop from July 7 – 8. The concert featured musicians including Madonna, Red Hot Chilli Peppers and Black Eyed Peas. Channel 5 also appealed to viewers to wear … [Read more...] about MediaCorp goes ‘Green’ with environmental awareness campaign
MediaCorp to launch commercial HD channel by Q4
Singapore – Terrestrial broadcaster MediaCorp plans to launch HDTV commercial channel HD5 in Q4 2007 – with all its channels to be high definition by 2012. HD5 is a simulcast of English-language Channel 5 with programmes enhanced for display on HD-Ready TV sets. June 2006 saw the commencement of MediaCorp’s 1000-strong HDTV trial whereby households, community clubs and retail outlets got to experience HD programmes such as CSI, Smallville, locally-produced productions and … [Read more...] about MediaCorp to launch commercial HD channel by Q4
StarHub Malay channel slated for Q3 launch
Singapore – StarHub has appointed Content Network Asia as the sole channel development partner for its upcoming Malay cable TV channel, launching Q3 2007. The premium cable channel will offer a variety of Malay programmes from around the region. Local content distributor Content Network Asia will package the channel, as well as overseeing its strategic development. Channel Director is Puzi Mohamed, former Programming Director of Suria Network Programming and Promotions under MediaCorp … [Read more...] about StarHub Malay channel slated for Q3 launch
Jo Wathen joins Ambience Entertainment as Head of Production
Sydney- Ambience Entertainment has hired Jo Wathen as Head of Production, a new position, as it ramps up its output. Wathen’s credits include Nickelodeon Australia Programming Director in 2005 and Executive Producer of ABC TV’s comedy Chasers’ War on Everything. She has also worked for Network Ten (executive producer, Unreal Ads and series producer, Pets Behaving Badly), Foxtel (freelance producer, Australian Living: Lifestyle Channel), Nine Network (Looking Good, Love Rules, A … [Read more...] about Jo Wathen joins Ambience Entertainment as Head of Production
Disney expands reach in Vietnam
Ho Chi Minh / Singapore- Disney Channel has secured carriage on Vietnam Cable Television Service Technique Centre (VCTV) and Saigon Tourist Cable Television Company (SCTV) to reach 75% of all pay-TV households in Vietnam. The Disney Company entered the Vietnam market with the launch of Disney Channel and Playhouse Disney in 2005 and has seen the former increase its Vietnamese sub-titling from 10% to 70% of its programming. VCTV provides cable service in Hanoi and DTH service nationwide and is an … [Read more...] about Disney expands reach in Vietnam