Hong Kong / Bangkok – STAR, TrueVisions and GMM Media have formed a three-party joint venture in CHANNEL [V] Thailand, a music and youth entertainment channel targeting the Thai youth market. STAR will hold a 49% stake, while Thai pay-TV operator TrueVisions and Thai-based multi-media group GMM Media take 26% and 25% respectively. The channel’s previous partner, Live Incorporation Public Company divested its share. … [Read more...] about STAR, TrueVisions and GMM Media team for CHANNEL [V] Thailand
asian content news
RCTV International names Marc Paneque International Sales Exec, Asia
RCTV International, global distribution arm of RCTV Venezuela, has appointed Marc Paneque to the newly created role of International Sales Executive for Asia. Paneque will focus on expanding the distribution of RCTV productions throughout the region. He joins RCTV International after 16 years experience in the network television industry. Having restructured the company’s sales department, Guadalupe D’Agostino, Vice President and General Manager of RCTV International, said, … [Read more...] about RCTV International names Marc Paneque International Sales Exec, Asia
Discovery Networks Asia and Readers’ Digest Asia to publish Discovery Channel Magazine
Singapore - Discovery Networks Asia and Reader’s Digest Asia, part of The Reader’s Digest Association, Inc., global publisher and marketer of books, magazines, music and videos have partnered to launch Discovery Channel Magazine, a bi-monthly magazine to debut across the region on Feb 22, 2008. Comprising subscriptions and newsstands sales, Discovery Channel Magazine will have an initial circulation of 100,000 copies, primarily in Hong Kong, Singapore, Malaysia, and the Philippines. … [Read more...] about Discovery Networks Asia and Readers’ Digest Asia to publish Discovery Channel Magazine
StarHub profits down – soccer rights set to soar
Singapore – StarHub suffered its first decline in profits in 11 quarters, attributed to the S$246million (US$170million) which the triple-play provider reportedly paid for exclusive rights to English Premier League (EPL) soccer. This is around four times the price paid for exclusive Singapore rights for the previous three seasons, 2004-07. Third-quarter net profit fell by 0.2% to $81.3million (US$56.4million), despite an increase in subscription plan prices to offset the sum paid to beat … [Read more...] about StarHub profits down – soccer rights set to soar
SingTel profits rise – boosts mioTV offering
Singapore - Singapore Telecommunications (SingTel) beat market expectations with a 3.3% rise in quarterly earnings. Net profit for its fiscal second quarter amounted to S$988million (US$170million), attributed to a strong showing by its local operations and regional mobile associates. Analysts point to a gain of almost 10% for SingTel's revenue in Singapore, as well as overseas operations accounting for 53% of the group's underlying net profit – with India's Bharti posting a 73% leap in … [Read more...] about SingTel profits rise – boosts mioTV offering
Pressman, Elwes to network at Media Financing Forum
Singapore- Hollywood producer Edward R. Pressman and top agent Cassian Elwes will be among the wheelers and dealers at the 2007 Media Financing Forum (MFF), running from Nov. 27-29 in Singapore as part of the Asia Media Festival (AMF). MFF brings together international financiers, bankers and TV and film producers from Asia and beyond. Pressman’s credits include Wall Street, American Psycho, Amazing Grace and Thank You for Smoking. Elwes is Senior Vice President and Co-Head of William … [Read more...] about Pressman, Elwes to network at Media Financing Forum