Manila- ABS-CBN Broadcasting Corp., the Philippines’ largest broadcaster, posted a 77% year-on-year increase in net income to P739 million $US16.4 million) for the first half of 2007 on the back of improving advertising and subscription-based businesses. It generated P5 billion (US$111 million) in total revenues, higher than the P4.3 billion it recorded in the same period last year. ABS-CBN gross revenues increased by 12% year-on-year to $204.3 million, driven by higher airtime revenues … [Read more...] about ABS-CBN profit grew 77% in the first half of 2007
asian media news
SingTel’s mio TV service ups competition in Singapore’s pay-TV market
Singapore- Unveiled on the auspicious date of 20.07.2007, SingTel’s IPTV service mio TV has introduced competition to Singapore’s pay-TV market previously dominated by cable TV operator and telco StarHub. Speaking at the launch, SingTel Group CEO Ms Chua Sock Koong iterated that the company supports competition and the availability of choice will benefit consumers. Allan Lew, CEO Singapore, SingTel, noted that the company will invest some S$30 million (US$19.8 million) within this … [Read more...] about SingTel’s mio TV service ups competition in Singapore’s pay-TV market
The Asian Pitch shortlists final 6 proposals
Singapore- The Asian Pitch, a pitching event for Asian documentary makers organized by MediaCorp’s Caldecott Productions International, NHK and KBS, has shortlisted 6 finalists from 113 submissions. 2 of the selected proposals will receive development funding while the other 4 will be produced in time for MIPTV in April 2008. Details of the final selection will be announced MIPCOM 2007 to be held from October 8 – 12 in Cannes. Comprising of Ong Hee Yah, Managing Director of Caldecott … [Read more...] about The Asian Pitch shortlists final 6 proposals
BigPond TV launches Down Under
Sydney- Telco Telstra today launched BigPondTV, offering an array of TV series, made-for-mobile programs, sports and music videos, on its Next G mobile network. Among the major sporting events on offer are AFL and NRL matches and V8 Supercars. Another offering is an exclusive 'behind-the-scenes' series from pop group Silverchair. BigPond Group Managing Director Justin Milne said the line-up and the unmatched coverage of the Next G network meant fans could view some of their favourite shows when … [Read more...] about BigPond TV launches Down Under
RFS strikes supply deal with Broadcast Australia
Sydney- Radio Frequency Systems (RFS) has signed a broad-ranging supply agreement with leading broadcast services provider, Broadcast Australia. The 'Master Purchase Agreement' will streamline supply of RFS's broadcast solutions across the Broadcast Australia group of companies. The arrangement will help fast-track network deployments/upgrades across the Asia Pacific, and will facilitate the application of RFS broadcast technologies at both Broadcast Australia-owned and third-party sites. It … [Read more...] about RFS strikes supply deal with Broadcast Australia
E! content to be available on new ninemsn website from August
Sydney- E! Networks and Australian interactive media company ninemsn are partnering to deliver E!'s entertainment news and lifestyle content via a new ninemsn website to launch in August 2007. Expected to reach ninemsn’s audience of eight million, the partnership marks the first time E! has licensed its brand to an online media company. The website will feature exclusive short-form content from E! and Style, with clips from E! News, Planet Gossip, Live from the Red Carpet, Wild On, Fashion … [Read more...] about E! content to be available on new ninemsn website from August