New York- Continuing with its strategy to transform its portfolio and focus on assets with potential for rapid growth, NBC Universal (NBCU) is acquiring Oxygen Media, a female-focused cable TV network in the US to expand its cable portfolio. NBCU will acquire Oxygen for $US925 million, net of financial assets, the cost is approximately $US875 million. The deal will be substantially self-funded through the sale of non-core assets including two independent Telemundo TV stations, Spanish-language … [Read more...] about NBC Universal acquires Oxygen Media
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OmniBus Systems expands Asia Pacific operations
Denver - OmniBus Systems, provider of broadcast automation and content management solutions, is expanding its operations in Asia-Pacific. It has established sales and support staff in Thailand, Malaysia and Singapore, as well as a network of value-added resellers throughout Indo-China, Australia, New Zealand and India. The company’s expansion is in response to “strong regional interest” in the company's technologies and recent major broadcast installations by NDTV, Astro, TV3, … [Read more...] about OmniBus Systems expands Asia Pacific operations
StarHub offers prepaid cable service for non-subscribers
Singapore – StarHub is offering HubStation FlexiWatch, a new prepaid cable TV service that allows non-cable customers to subscribe to selected channels and pay for the desired duration of viewing. Available from October 10, customers can receive the service via HubStation at $S599.20 ($US408.70) tax inclusive, with channel charges ranging from $S3.21 - $S5.35 ($US2.20 - $US3.65) tax inclusive, per channel per day. Customers may purchase a minimum of three consecutive days to a maximum of … [Read more...] about StarHub offers prepaid cable service for non-subscribers
NHK’s Japan Prize to be awarded on October 29
NHK’s international educational TV program contest, the Japan Prize, will start on October 23 at NHK Broadcasting Center in Tokyo, with the Awards Ceremony to take place on October 29. Established in 1965, the 2007 edition of the contest received 262 entries from 150 organizations in 56 territories worldwide. The number of Asian and African submissions registered an increase while 45 organizations will make their debuts in the event. Entries will be judged by an international panel of … [Read more...] about NHK’s Japan Prize to be awarded on October 29
Laurent Dumeau named VP, Commercial & Network Development EMEA, Global Networks, NBC Universal
Laurent Dumeau has been promoted to the newly-created role of Vice President, Commercial & Network Development EMEA, Global Networks, NBC Universal (NBCU), effective immediately. Based in Paris, Dumeau reports to Greg Matson, Senior Vice President, Commercial & Network Development for Global Networks, NBCU Taking on a “key leadership role” in NBCU’s development of new channel businesses in new territories across EMEA, Dumeau will work closely with the Global Networks Managing … [Read more...] about Laurent Dumeau named VP, Commercial & Network Development EMEA, Global Networks, NBC Universal
KBS World expands with Astro in Malaysia
Korean Broadcasting System (KBS) has reached an agreement with Astro, to carry KBS World, its international television channel. KBS World will be available for all subscribers as a basic channel. Via Astro, about 2 million households in Malaysia and Brunei will gain access to KBS World on a daily basis as of 13th October 2007. KBS is Korea's flagship public service broadcaster with 2 domestic terrestrial networks, 4 pay-tv networks, and 7 radio networks. KBS World is general entertainment … [Read more...] about KBS World expands with Astro in Malaysia