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
Channel: Genre
India media stocks rocked
New Delhi: Leading media stocks have taken a battering in India amid growing concern over heightened competition, fragmentation and 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 there are … [Read more...] about India media stocks rocked
Malaysia’s Rocket Fish Studios signs co-production deals with 9 international partners
Kuala Lumpur– As a highlight of the MDeC’s Buyer Fly-In Program, Malaysian animation studio Rocket Fish Studios signed Memorandums of Agreement (MoA) with 9 international companies to work jointly on animation productions as part of its initiative to promote Malaysia as a global animation hub. The studio is also providing budding animators with training programs in Kuala Lumpur and Terengganu. Zanymation Associates International (US) and Rocket Fish Studios will collaborate on … [Read more...] about Malaysia’s Rocket Fish Studios signs co-production deals with 9 international partners
Nine feels the Power of 10
Sydney- Australia's Nine Network will produce a local version of the hit US game show Power of 10 after signing a format rights deal with Sony Pictures Television International (SPTI) In the US, the show hosted by Drew Carey delivered nearly 10 million viewers in its premiere on CBS last week. Nine hasn't named the host of the Australian show, which will debut in Oz in 2008. Power of 10 is described as a high stakes, high-tech, adrenaline-filled game show that puts contestants through the … [Read more...] about Nine feels the Power of 10
Disney’s High School Musical 2 debuts with top ratings
Ratings highlights for August 17 2007 according to Preliminary Fast National Ratings, placed Disney’s High School Musical 2 as the “Most-Watched Basic Cable Telecast Ever”, having drawn 17.2 million viewers to top the previous record of 16 million held by ESPN’s Monday Night Football game on September 23 2006 by 8%. It also ranked as the top “Basic Cable Movie of All Time in Total Viewers”, surpassing the 15.5 million viewers drawn by previous record holder, … [Read more...] about Disney’s High School Musical 2 debuts with top ratings
Sanjay Nazareli joins BBC’s Global News as Controller of Marketing, Communications & Audiences
London- Sanjay Nazerali joins BBC’s Global News Division in the newly created post of Controller of Marketing, Communications & Audiences in September. Nazerali will report to Richard Sambrook, Director of BBC Global News. Nazerali will lead the MC&A teams at BBC World Service, BBC World television, BBC Monitoring and the BBC's international-facing online news services. He will also oversee the building of a single brand platform across the Global News Division and the development of a … [Read more...] about Sanjay Nazareli joins BBC’s Global News as Controller of Marketing, Communications & Audiences
