New York, U.S./Singapore - A+E Networks has concluded a transaction with Astro Overseas Limited (AOL) to assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture in 2007. AETN All Asia Networks will be rebranded as A+E Networks Asia. The announcement was made by Nancy Dubuc, President & CEO, A+E Networks. “The transition to full ownership of A+E Networks Asia is a first for our company and marks an important milestone,” said … [Read more...] about A+E Networks assumes full ownership of AETN All Asia Networks
Astro Overseas Limited
ASTRO-backed Ideate Media launches
Kuala Lumpur, Malaysia - A new content company, Ideate Media, has launched in Kuala Lumpur with backing from the Malaysia government's investment arm, Khazanah Nasional Berhad, and media company, ASTRO Overseas Limited. The new joint venture will focus on content development and IP exploitation, and will provide financial backing to high-quality stories and concepts from around the world, in either live action or animated form, for feature films and television series. Ideate Media is being … [Read more...] about ASTRO-backed Ideate Media launches
A+E Networks to assume full ownership of AETN All Asia Networks
New York/Singapore – A+E Networks will assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture with Astro Overseas Limited (AOL) in 2007. The move comes as A+E networks looks to expand its footprint and launch new brands, including Lifetime. The transaction is subject to various conditions and approvals, and the parties hope to close by early 2013. A statement from A+E Networks: “This morning, Louis Boswell announced he will be leaving … [Read more...] about A+E Networks to assume full ownership of AETN All Asia Networks