Tokyo – Toshiba announced February 19, 2008, it will stop selling its HD DVD products by end-March 2008, conceding defeat to Sony’s Blu-ray format thus concluding the long-drawn DVD format war. Industry analysts expect the withdrawal of Toshiba’s HD DVD format will ‘reduce consumer confusion’ and will prompt Hollywood studios to release their content on the Blu-ray DVD on a much larger scale. The swing towards Blu-ray gained momentum when Hollywood studio Warner … [Read more...] about Toshiba concedes defeat in DVD format war
Channel: Content
Portico Media and Vividas to offer online streaming HD service in Taiwan
Taipei/Melbourne – Portico Media, a Taiwanese cross-platform media company and Vividas, a video streaming technology provider, have partnered to bring a HD video streaming service to Taiwan. The agreement is also part of the latter’s efforts to expand into Asia Pacific. Using the Australia-developed, scalable Vividas live streaming technology, Portico Media plans to stream movies and sports content on pay-per-view (PPV) basis. According to Portico’s general manager Jay Lin, … [Read more...] about Portico Media and Vividas to offer online streaming HD service in Taiwan
Galleon acquires Chinese wireless interactive platform Mengbo
London - Galleon Holdings plc, the AIM-listed intellectual property owner and developer, has taken a controlling stake in Mengbo, a wireless interactive platform service provider in China. The acquisition is complementary to Galleon’s intent to provide multi-platform entertainment based on interactive TV and mobile in China. Phoenix, Galleon's provider of interactive TV services for broadcasters in China and South East Asia, acquired in October 2007, will distribute wireless content across … [Read more...] about Galleon acquires Chinese wireless interactive platform Mengbo
MediaCorp enters Vietnam with International Media Corporation stake
Singapore – MediaCorp, along with Vietnamese media advertising firm FS Communications, listed confectionery company Kinh Do Corporation, and a group of Vietnamese businessmen, have invested in the newly formed International Media Corporation (IMC). Aiming to tap into the fast-growing Vietnamese media market and economy, MediaCorp took a 20% stake in the new venture which develops and produces entertainment and economic news content, and provides channel management services. As its first … [Read more...] about MediaCorp enters Vietnam with International Media Corporation stake
Disney to up stake in UTV
Mumbai/Burbank, California – The Walt Disney Company (Southeast Asia) Pte Ltd will increase its stake in UTV Software Communications Ltd to 32.1% on a fully diluted share capital basis with new investments of up to US$200 million, subject to the latter’s shareholder and regulatory approvals. Disney’s investment is to be made through a preferential allotment of new UTV shares. In addition, Disney will make an open tender offer to UTV shareholders as required under Indian … [Read more...] about Disney to up stake in UTV
Turner and Vidiator partner for CNN video content for mobile
Hong Kong – Turner Broadcasting System is working with streaming platform supplier Vidiator to establish a customized video RSS feed for the Nokia Video Center service embedded inside Nokia’s N95 and N95 8GB Nseries devices, to provide access to mobile-streamed CNN video content for users across Asia Pacific. Ringo Chan, vice president, wireless and interactive content development and distribution, Asia Pacific, Turner International Asia Pacific Ltd, said, “Providing CNN news … [Read more...] about Turner and Vidiator partner for CNN video content for mobile