New Delhi: Leading media stocks have taken a battering in India amid growing concern over heightened competition, fragmentation and rising costs in the media sector. A group of seven leading companies in broadcasting, print, movies and pay-TV, with a combined market capitalization of $US10 billion, is trading 26% lower than recent highs, and some have lost as much as 50%, according to Media Partners Asia. "Another round of corrections is needed to make valuations more palatable, especially as … [Read more...] about India media stocks rocked
Channel: Companies
France-Canada-Singapore co-prod Manon “Queen of Animals” to launch at MIPCOM
France’s Cyber Group Animation is collaborating with Canada’s Sardine Productions and Singapore’s Peach Blossom Media, as well as distributor Planet Nemo on animation series Manon “Queen of Animals”. Manon “Queen of Animals” is based on books by Gerard Moncomble and Nadine Rouviere, chronicling Manon’s fantastical life at the farm with her animal friends. The series is aimed at kids aged 2–6. Commissioned by French channel Tiji and … [Read more...] about France-Canada-Singapore co-prod Manon “Queen of Animals” to launch at MIPCOM
Universal Pictures International Entertainment hands out promotions
London– Universal Pictures International Entertainment (UPIE), the international home entertainment division of NBC Universal (NBCU), has announced promotions to its London-based management team. Melanie Nicholas has been upped to Senior Vice President, Marketing to lead international marketing initiatives for home entertainment outside the US, in addition to her responsibilities for international licensees and Russia. Egor Borisov, Managing Director of Universal Pictures Russia, continues … [Read more...] about Universal Pictures International Entertainment hands out promotions
MDeC’s Buyer Fly-In Program closed $US110 million worth of deals
Kuala Lumpur- The inaugural Buyer Fly-In Program by Malaysia's Multimedia Development Corporation (MDeC) resulted in 23 Memorandums of Agreement (MoA) for content co-production and development worth some RM385 million ($US110.4 million) signed between Malaysian companies and buyers from US, Europe and Asia. In addition to 9 MoAs signed by Malaysia’s Rocket Fish with partners from the US, Ireland, Hungary and Singapore, Marcera Technology formalized deals with Hong Kong-based Moffy Ltd, … [Read more...] about MDeC’s Buyer Fly-In Program closed $US110 million worth of deals
Australia’s ABC TV names Brooke-Hunt Executive Head of Children’s
Sydney- Veteran Australian children's television producer/distributor Tim Brooke-Hunt has been appointed ABC TV’s newly created Executive Head of Children’s. Brooke-Hunt, who will take up the position on Sept. 12, has produced a slew of animated and live action series including Blinky Bill, Yakkity Yak, Old Tom and L’il Horrors. He has worked with leading Australian production companies including Yoram Gross, Beyond International, New World Pictures and Burbank Films, and … [Read more...] about Australia’s ABC TV names Brooke-Hunt Executive Head of Children’s
New media thrives as ‘old’ media dives in Korea
Korea’s traditional media powerhouses—the major terrestrial broadcasters and newspapers- are losing eyeballs and market share to the fast-growing online and pay- TV platforms. In 2006, Korean consumers spent an average of 2 hours 12 minutes per day watching terrestrial TV, down 12 minutes on the prior year. Conversely, average time spent online reached 12 hours 6 minutes per week, up one hour on 2005, according to Carat Korea. The leading cable broadcasters On*Media and CJ Media are … [Read more...] about New media thrives as ‘old’ media dives in Korea
