Hong Kong - Asian media stocks have begun 2007 on a positive note. Through January 23, broadcasting sector stocks were up by 6% over last year, pay-TV stocks showed an 8% gain and Internet improved by 4%. The advertising and publishing sector averages both ticked up by 3%, according to Hong Kong-based Media Partners Asia, Ltd (MPA), a leading provider of independent analysis and information on Asia's media and communications industries.MPA’s January report noted that excluding the … [Read more...] about Strong start for Asian media stocks
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MTV Asia executives check out
Singapore – Steven Tan, executive VP and COO for MTV Networks Asia-Pacific (MTVN A-P), and Mark Glazier, VP and CFO for MTVN A-P, left the company at the end of January. Also Andrew Hoppe, VP of content, creative & digital, has resigned and MTVN A-P is recruiting for his replacement. The departures resulted from reduced support required from the Singapore team following the realignment of MTVN A-P’s operations to advance the company’s localization strategy.MTV Networks … [Read more...] about MTV Asia executives check out
TVB entering the ad business in mainland China
Hong Kong – Broadcaster TVB is poised to extend its reach in China after being granted an advertising license by Beijing. This means TVB can operate a wholly-owned advertising firm that sells airtime directly to mainland enterprises, thus cutting out the middlemen who represented the network, Media Partners Asia reported. That firm, Gang Shi Multimedia Co. will be based initially in Guangzhou and eventually expand to other cities. "This should enable TVB to generate some upside … [Read more...] about TVB entering the ad business in mainland China
2006 December – 18/12/2006 – 24/12/2006
Television Asia's Executive News18 December 2006 ITV loses appeal against licence fee rulingBangkok - Thai television network ITV, lost its appeal against the May 2006 ruling revoking the company’s rights to reduced concession fees and its replacement of news and educational programming with entertainment which breached the requirements of ITV’s original broadcasting licence.Temasek Holdings (Singapore)-linked ITV’s concession fees were granted by an arbitration panel … [Read more...] about 2006 December – 18/12/2006 – 24/12/2006
2006 December – 11/12/2006 – 17/12/2006
Television Asia's Executive News11 December 2006 Japan achieves nationwide digital reachJapan - All 47 prefectures in Japan can now receive digital terrestrial broadcasts, completing the switch that started in December 2003 with Tokyo, Osaka and Nagoya metro areas. Eight prefectures in Kyushu were the last areas to be converted.The milestone was marked by a ceremony in Tokyo attended by government officials, celebrities and broadcasting execs. Japanese Prime Minister Shinzo Abe voiced his … [Read more...] about 2006 December – 11/12/2006 – 17/12/2006
2006 December – 4/12/2006 – 10/12/2006
Television Asia's Executive News04 December 2006 Korean channels top terrestrials at 11th Asian TV Awards CNN & Discovery best cable & satellite channelsSingapore - Seoul Broadcasting System (SBS), Korean Broadcasting System (KBS) and Munhwa Broadcasting Corporation (MBC) topped the terrestrial channels at the Asian TV Awards 2006 held Nov 30 at Suntec Ballroom, Singapore. SBS were Terrestrial Channel of the Year, with KBS as runner-up and MBC highly commended.CNN International were … [Read more...] about 2006 December – 4/12/2006 – 10/12/2006