London – Galleon Holdings plc, the AIM-listed intellectual property owner and developer in the entertainment sector, has acquired Hong Kong-based media solutions company, Phoenix Investment Global Ltd for an initial £1.5 million ($US3.1 million). A deferred £500,000 ($US1 million) will be payable subject to, inter alia, two of Phoenix’s broadcast customers in South East Asia entering into exclusive arrangements on certain mobile phone services. Also, an additional £3.5 million … [Read more...] about Galleon Holdings acquires Phoenix Investment Global for foothold in China
asian content news
Singapore mobile TV trial TV2GO brings Bloomberg TV on board
Singapore-based DVB-H mobile TV trial TV2GO, run by PGK Media, has added Bloomberg Television to its current trial offerings. Starting from November 2007, the channel will be broadcast live on the latest mobile TV phones including Nokia’s N92 and N77, as well as Samsung’s P930 and F510. Bloomberg TV adds to TV2GO live channels in the genres of News, Sport and Entertainment including CNBC Asia Pacific, ESPN STAR Sports and WOW!TV by Kamera. TV2GO also supports various real-time … [Read more...] about Singapore mobile TV trial TV2GO brings Bloomberg TV on board
NBC Universal finalizes acquisition of Sparrowhawk Holdings
London – NBC Universal (NBCU) has finalized the acquisition of Sparrowhawk Holdings and its global portfolio of pay-TV channels including the international (non-US) Hallmark Channels, from Providence Equity Partners, 3i and management shareholders. The deal closed following the conclusion of regulatory approvals and terms of the transaction have not been disclosed. As previously announced, NBCU acquired all of the company's shares to own the 18 feeds of the international (non US) Hallmark … [Read more...] about NBC Universal finalizes acquisition of Sparrowhawk Holdings
Pain but hope for gain in Indian broadcasting
Delhi- The US$4.5 billion Indian broadcasting sector is gearing up for a war of attrition and only those with courage, capital and content are likely to survive and prosper. That was the key conclusion from the India Digital Networks Summit, held in Delhi on Oct. 17, organized by Media Partners Asia (MPA) and Indian Television Dot Com (ITV). The summit was told that intensifying competition, growing digital pay TV penetration, the launch of hundreds of TV channels and the entry of new investor … [Read more...] about Pain but hope for gain in Indian broadcasting
International filmmakers selected for first iThentic-ITVS Global Mobile Project
San Francisco – iThentic and ITVS International announced eight international filmmakers selected for their first online and mobile collaboration entitled Global Mobile. The focus of this series of short films is food with the filmmakers creating works under 3 minutes in running time to best capture the theme within their own cultural context. From Asia Pacific, Amlan Datta, based in Kolkata, India, has produced Cock-A-Doodle-Do, a story of a rooster who gives up country life for the big … [Read more...] about International filmmakers selected for first iThentic-ITVS Global Mobile Project
STAR expands in US, reshuffles in Asia
Los Angeles/ Hong Kong – While STAR’s Chief Operating Officer Laureen Ong is busy overseeing the company’s expansion efforts in the US, the full extent of an executive reshuffle at the company’s Hong Kong HQ remains unclear. STAR’s President of Platforms David Butorac resigned on Oct. 9, departing early 2008, and is being retained as a consultant. Programming’s Senior Vice President Ross Crowley has resigned but not yet left the company. Programming’s … [Read more...] about STAR expands in US, reshuffles in Asia