London- BBC Worldwide has flagged that it’s looking to form a production partnership in India, similar to its alliance in Australia with the Freehand Group to develop new formats. BBC Worldwide Director of Content and Production, Wayne Garvie, said, “Local productions and formats are key to our growth plans. With BBC Worldwide’s vast programme offering, there are fantastic opportunities to extend this to local versioning, not just with our entertainment formats but also with … [Read more...] about BBC Worldwide plans production co-venture in India
Channel: Companies
US- Korea free trade agreement under fire
Seoul - Cable companies and some content providers fear the newly signed US-Korea free trade agreement will result in a deluge of U.S. investment in the cable sector and warn that U.S. programming will be more costly and command more screen time. The Korean Cable TV Association slammed the U.S.’s demand to open the market as “cultural imperialism,” which would result in massive U.S. investment that would swallow the cable TV industry. Under South Korean law, foreigners cannot … [Read more...] about US- Korea free trade agreement under fire
CJ Group eyes expansion in Vietnam
Ho Chi Minh City - South Korea's CJ Group is looking to expand into Vietnam's burgeoning entertainment and leisure industry, having operated here for ten years in other business sectors. At a meeting between Group officials and HCMC authorities last week, CJ Group Chairman Jay Hyun Lee said the company plans to develop film studio and entertainment complexes in the city over the next few years. CJ Group has been working with HCM City Television (HTV) to explore the possibility of jointly … [Read more...] about CJ Group eyes expansion in Vietnam
Singapore Metro BMX Jam to screen on SingTel’s Sling HD channel
Singapore- VOOM HD Networks, Singapore's Mega Media HD and the Media Development Authority of Singapore presented television event Singapore Metro BMX Jam, a two-day, free-to-public event featuring BMX's top athletes at the Somerset Skate Park in Singapore on April 7 and 8. The event was shot with eight HD cameras and an extensive HD outdoor broadcast set-up, and will be broadcast on new HD channel Sling HD, which telco SingTel will launch soon. Originated in the U.S. BMX is a form of … [Read more...] about Singapore Metro BMX Jam to screen on SingTel’s Sling HD channel
Nine Chinese digital TV channels cautioned
Beijing- Chinese authorities have warned nine digital pay TV channels they face fines or closure unless they cease broadcasting commercials, films and dramas in violation of their permit conditions.The Tourism Channel, run by Guangdong Southern Media Group (GSMG), had failed to meet the minimum 90% requirement for its program content and had aired advertisements in breach of its license, according to the State Administration of Radio, Film and Television (SARFT)."This practice … [Read more...] about Nine Chinese digital TV channels cautioned
GE joins CITIC Group as major shareholder in AsiaSat
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
