With the evolution of new media platforms and booming popularity of toon-based video games, the anime industry is riding a wave of increasing profitability. Moreover, animated feature films, direct-to-video titles and live action films which utilize sophisticated CGI techniques are all contributing to the lucrative anime business. Toei Animation estimates the character merchandise market is worth ¥1 trillion (US$8.4 billion) per year and has been developing consumer goods and digital products … [Read more...] about Anime drawing new revenue streams in Asia and beyond
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Revitalizing anime
A healthy increase in exhibitor and visitor figures at the recently concluded sixth annual Tokyo International Anime Fair (TIAF) points to continuing buoyancy for the anime business internationally. “The demand for anime is increasing strongly as interest amongst industry professionals worldwide has surged,” says Kanji Kazahaya, Director of Toei Animation’s International Department. Kazahaya says Toei Animation and the industry as a whole are benefiting from growing … [Read more...] about Revitalizing anime
Prime time for Hollywood studios in Asia-Pacific
For the Hollywood majors, these are the best of times in Asia-Pacific, both as a distributor and, increasingly, as a producer of local content, either solo or as joint ventures. Sales to cable and satellite channels are booming, although securing primetime deals with many of the major free-to-air broadcasters in the region is as elusive as ever. And while the business of selling programming to new media platforms is relatively small potatoes, it’s incremental revenue for the … [Read more...] about Prime time for Hollywood studios in Asia-Pacific
Ericsson completes voluntary cash offer for Tandberg Television
Ericsson has received favorable rulings from the relevant competition authorities to acquire all outstanding shares in Tandberg Television. Furthermore, no material adverse change has occurred. Consequently, all conditions in the terms and conditions set out in the offer document, dated February 26, 2007, have been met and Ericsson will complete the offer in accordance with the offer document. Settlement for the shares submitted in the voluntary public cash offer is expected to take place on or … [Read more...] about Ericsson completes voluntary cash offer for Tandberg Television
Malaysia’s Les’ Copaque signs US$7 million deal with China’s Zhongnan Group to co-produce 3D animation feature
Hangzhou– Multimedia Development Corporation (MDeC), has helped Les’ Copaque Production Sdn Bhd, an MSC Malaysia Status Company in development, production and management of animation-related Intellectual Property, clinch a US$7 million deal with China's Zhongnan Group Animation Video Co. Ltd. to co-produce a 90-min 3D animation feature titled 36 Strategem - Essential Art of War. Initiated at MIPTV, the Memorandum of Agreement has been signed concurrently with the 3rd China … [Read more...] about Malaysia’s Les’ Copaque signs US$7 million deal with China’s Zhongnan Group to co-produce 3D animation feature
Korean TV to go all-digital by 2012
Seoul- Digital TV broadcasting services will supersede the analogue TV system in Korea by 2012, according to Minister of Information and Communication Roh Jun-hyong and Korean Broadcasting Commission Chairman Cho Chang-hyun. A special bill providing for full digitalization of terrestrial TV is being prepared by the commission's Digital Broadcasting Promotion Committee. It aims to finalize the bill this year after it wins approval from the National Assembly. The bill will require broadcasters to … [Read more...] about Korean TV to go all-digital by 2012
