Cannes- KBS and Japanese pubcaster NHK are co-producing Asian Corridor in Heaven, an HD documentary on Caravan Road the ancient trade route for tea and horses. The deal was formalized on April 16 at MIPTV, for production of the 6 X 60min series which is expected to be completed by autumn of 2007. The documentary will be a foreign look into Caravan Road as a trade route for Chinese tea and Tibetan horses, and an intersection of culture, religion, language and people which is protected by … [Read more...] about KBS and NHK co-produce HD documentary Asian Door in Heaven
companies
US- Korea free trade agreement under fire
Seoul - Cable companies and some content providers fear the newly signed US-Korea free trade agreement will result in a deluge of U.S. investment in the cable sector and warn that U.S. programming will be more costly and command more screen time. The Korean Cable TV Association slammed the U.S.’s demand to open the market as “cultural imperialism,” which would result in massive U.S. investment that would swallow the cable TV industry. Under South Korean law, foreigners cannot … [Read more...] about US- Korea free trade agreement under fire
CJ Group eyes expansion in Vietnam
Ho Chi Minh City - South Korea's CJ Group is looking to expand into Vietnam's burgeoning entertainment and leisure industry, having operated here for ten years in other business sectors. At a meeting between Group officials and HCMC authorities last week, CJ Group Chairman Jay Hyun Lee said the company plans to develop film studio and entertainment complexes in the city over the next few years. CJ Group has been working with HCM City Television (HTV) to explore the possibility of jointly … [Read more...] about CJ Group eyes expansion in Vietnam
Media Prima completes acquisition of Big Tree Outdoor
Kuala Lumpur- Shareholders of Media Prima Berhad (MPB), Malaysia's dominant broadcaster, have approved the acquisition of Big Tree Outdoor Sdn Bhd (BTO), the country's leading out of home advertising company. MPB had announced it would acquire BTO for RM140.6 million (US$40.7 million). BTO will spearhead MPB's expansion into outdoor following MPB's recent acquisitions of outdoor companies UPD Sdn Bhd and The Right Channel Sdn Bhd. … [Read more...] about Media Prima completes acquisition of Big Tree Outdoor
Bountiful outing for Malaysian creative companies at Hong Kong Filmart
Hong Kong – 27 Malaysian creative multimedia companies led by Multimedia Development Corporation (MDeC), National Film Development Corporation Malaysia (FINAS) and Malaysia External Trade Development Corporation (MATRADE) have clinched deals worth RM93 million (US$26.9 million) in the recently concluded Hong Kong Filmart (March 20-23, 2007). 8 memorandums of agreements (MoAs) were signed: MSC Malaysia status company, Elemental Ventures Sdn Bhd will co-produce a DVD and … [Read more...] about Bountiful outing for Malaysian creative companies at Hong Kong Filmart
Record exhibitor turnout for Tokyo International Anime Festival
Tokyo - The sixth edition of the annual Tokyo International Anime Festival opened on March 22 with a record 270 exhibitors, including 55 from overseas, occupying 750 booths at Tokyo Big Sight. Out of 457 entries, Kadokawa Movies' feature film The Girl Who Leapt through Time was declared the year’s best anime and its director Mamoru Hosoda took the best director's award. One innovation this year is the Robot Animation Expo, exhibiting 55 robot anime from the early days of … [Read more...] about Record exhibitor turnout for Tokyo International Anime Festival