London– Namco Bandai Networks Europe Ltd is working with FremantleMedia Enterprises, the commercial division of FremantleMedia, to develop, publish and distribute mobile games based on the Idols format, which has been sold to 41 territories. The multi-year agreement between the companies will see Idols-based mobile games launch across territories in Europe, the Middle East and Asia Pacific. The Japanese entertainment company specializing in toys, video games and software, amusement … [Read more...] about Idols-based mobile games heading for Europe and Asia

Singapore- The Media Development Authority of Singapore (MDA) concluded the second meeting of its International Advisory Panel (IAP) June 18-19, which reviewed Singapore’s progress in becoming a centre to produce, trade and finance media. The panel encouraged Singapore to leverage on education, medicine and science for growth in new media. The IAP recommendations will be considered in the Media Fusion 2015 master-plan, an updated version of the Media 21 plan, which aims to create 10,000 … [Read more...] about International experts advise Singapore on new media growth strategies

Singapore– The Media Development Authority of Singapore (MDA) has entered into a co-production arrangement with the Korean Broadcasting Commission (KBC) to foster collaboration among Singaporean and Korean broadcasters and media companies. The agreement was signed June 21 by KBC Chairman Dr Cho Chang Hyun and MDA Chairman Dr Tan Chin Nam. Approved co-productions will qualify as local content and for assistance schemes, and there will be no discriminatory restrictions on the import, … [Read more...] about Singapore and Korea sign co-production arrangement

Microsoft is expanding its presence in China via a strategic partnership with the Shanghai Media Group (SMG), an investment in a TV set manufacturer and a new R&D centre in Shanghai. The JV with SMG covers content production, IT and electronic products. Microsoft will provide technology for SMG's new media divisions including IPTV, digital TV and mobile TV. "We are trying to promote the combination of technology and content through this cooperation and provide innovative application and … [Read more...] about Microsoft upsizes in China

Western companies that are investing in web 2.0 pioneers in China beware: there are risks, according to Paul Verna, senior analyst at U.S.-based internet market research firm eMarketer. By 2011, the number of Internet users in China is expected to grow to 246 million, up from 134 million in 2006, eMarketer predicts. Verna says, “On the flip side, the potential pitfalls of investing in Chinese Web 2.0 start-ups should not be overlooked. The spectre of government censorship remains a major … [Read more...] about Risks seen in investing in China’s Web 2.0 entrepreneurs

Western companies that are investing in web 2.0 pioneers in China beware: there are risks, according to Paul Verna, senior analyst at U.S.-based internet market research firm eMarketer. By 2011, the number of Internet users in China is expected to grow to 246 million, up from 134 million in 2006, eMarketer predicts. Verna says, “On the flip side, the potential pitfalls of investing in Chinese Web 2.0 start-ups should not be overlooked. The spectre of government censorship remains a major … [Read more...] about Risks seen in investing in China’s Web 2.0 entrepreneurs