Hong Kong- General Electric Company (GE) has become a major shareholder in Asia Satellite Telecommunications Holdings Limited (AsiaSat), with approximately 34.1% of the issued share capital, following the completion of the Exchange Transaction between GE and SES on March 29.GE exchanged its entire shareholding of about 19% in SES for cash and assets, including its 34.1% economic interest in AsiaSat. CITIC Group, AsiaSat's founding shareholder, remains the other major investor with a 34.8% stake. … [Read more...] about GE joins CITIC Group as major shareholder in AsiaSat
Channel: Companies
BBC Worldwide hires Maggie Wong to drive Asian publishing and licensing
London- BBC Worldwide has appointed Maggie Wong to head up its publishing and licensing business across North and South East Asia. Based in Hong Kong, Wong will be responsible for the company's DVD and licensing businesses across the region. BBC Worldwide's publishing and licensing business operates with distribution and development partnerships in all key territories including China, Taiwan, Hong Kong, South Korea and across South East Asia. Key brands include Teletubbies (this year … [Read more...] about BBC Worldwide hires Maggie Wong to drive Asian publishing and licensing
BBC Worldwide to launch two new channels in India
London - BBC Worldwide has received down-linking permission from India's Ministry of Information and Broadcasting, and is expected to introduce two new TV channels in India to provide entertainment programming and children's programming. A spokesperson from the commercial arm suggests the technical formalities will be completed in a matter of months.In offering a new children's channel, BBC Worldwide will enter the fray against rivals such as the Disney Channel and Turner … [Read more...] about BBC Worldwide to launch two new channels in India
Foxtel secures more satellite capacity
Sydney- FOXTEL has acquired six transponders on Optus' just-announced D3 satellite to deliver HD services, new channels and enhanced picture and sound quality. The pay TV platform will also migrate some of its digital services from the Optus C1 satellite to the D3 bird, which is due to launch in 2009, as well as taking options for a further two transponders for future service expansion.The new satellite will increase Optus' fleet capacity by more than 30%. HD services will be rolled out … [Read more...] about Foxtel secures more satellite capacity
Hong Kong Media Atlas results unveiled
Hong Kong – Synovate has released its first full-year Media Atlas survey results – covering over 6,000 respondents aged 15-64. Some 98.4% of respondents had watched TV within the past week. On free-to-air, 95% had watched TVB Jade, followed by ATV Home at 79%, TVB Pearl at 76% and ATV World at 52% of respondents.Drama and News were the top genres on TVB Pay Vision garnering 6% of respondents, while News (any channel) dominated on HK Cable with 26% followed by Movies and Sports, both … [Read more...] about Hong Kong Media Atlas results unveiled
Sony partners Discovery in sponsorship deal
Singapore - Sony Electronics Asia Pacific Pte Ltd will sponsor a 13 part 30-minute new travel and food series, World Café: Asia, on Discovery Networks Asia's Discovery Travel & Living channel. The host, chef Bobby Chinn, travels to 13 destinations across Asia including China, Hong Kong, India, Malaysia, Singapore, Taiwan, Japan and Vietnam to feature local cuisine and recipes in each city. World Café: Asia airs Tuesdays at 2000hrs (SIN/HK) on Discovery Travel & … [Read more...] about Sony partners Discovery in sponsorship deal