London – Sony Pictures Entertainment (SPE) has successfully acquired control of the Dutch entertainment company, 2waytraffic. The acquisition gives SPE new capabilities in the global light entertainment market, which includes games, variety and reality shows, and gives SPE one of the largest gameshow portfolios in the world. The offer from SPE to acquire 2waytraffic was for an initial cash consideration of £114.3 million (US$223million). “The acquisition of 2waytraffic is part of our … [Read more...] about Sony Pictures Entertainment completes acquisition of 2waytraffic
Channel: Companies
GlobeCast to acquire Pacific Century Matrix
Singapore/Hong Kong – Content management and delivery company GlobeCast and Pacific Century Group have reached a conditional agreement for the acquisition by GlobeCast Asia of Hong Kong-based broadcast services company Pacific Century Matrix (HK) Limited (PCM). When the transaction is complete, PCM will be renamed GlobeCast Hong Kong – GlobeCast’s fifth office in Asia and 18th office worldwide. GlobeCast and PCM’s international roster of clients will benefit from the … [Read more...] about GlobeCast to acquire Pacific Century Matrix
MTV youth survey unveiled at Music Matters
Hong Kong - The third annual MTV Music Matters survey released at the Music Matters Forum in Hong Kong shows that young people in India, Vietnam, Thailand and the Philippines have the highest passion for music; it is being consumed by nearly everyone across TV, computer and mobile screens. Commissioned by MTV Networks Asia and partnered with TNS, the fieldwork was completed in March this year which encompassed 5,741 online interviews with urban individuals aged between 15-34 year-olds in 12 … [Read more...] about MTV youth survey unveiled at Music Matters
StarHub president appointed CEO, New Zealand Communication
Auckland – Six months after being upped to president at StarHub, Mike Reynolds is set to leave July 2008 to become Auckland-based chief executive officer of New Zealand Communication. New Zealand’s third mobile operator is “now on a countdown to a public launch date,” said New Zealand Communications’ chairman, Bill Osborne. He said the company had conducted a world-wide search for a telecommunications executive with the expertise to take the mobile phone company … [Read more...] about StarHub president appointed CEO, New Zealand Communication
ABC KIDS commissions Escape From Scorpion Island
Sydney - Escape from Scorpion Island will see 16 British and Australian kids aged between 11 and 14 marooned on an exotic island and competing in teams to be the first to conquer the island and learn how to escape from it. Tim Brooke-Hunt, ABC TV’s executive head of children’s said, “This is a great opportunity to bring a unique and dynamic children’s adventure series to Australian audiences, and clearly the kids are excited too. Since the Australian call for contestants … [Read more...] about ABC KIDS commissions Escape From Scorpion Island
Jenny Tan to head up AAAN’s ad sales
Singapore – AETN All Asia Networks Pte Ltd (AAAN) has appointed Jenny Tan to head up its advertising sales for Southeast Asia. The network officially launched eleven months ago with The History Channel and Crime & Investigation Network brands. And 27 May 2008 saw The Biography Channel launch in Singapore and The Philippines. Asked whether it was still early in AAAN’s maturity to be pursuing advertising revenues, general manager Louis Boswell said that Tan’s duties would include … [Read more...] about Jenny Tan to head up AAAN’s ad sales