London – Sony Pictures Entertainment (SPE) announced today that it has successfully acquired control of the Dutch entertainment company, 2waytraffic. The acquisition gives SPE new capabilities in the global light entertainment market, which includes games, variety and reality shows, and gives SPE one of the largest gameshow portfolios in the world. All the conditions of the public offer for 2waytraffic announced on March 13, 2008 have been satisfied or waived, and 2waytraffic has made … [Read more...] about SPE completes 2waytraffic acquisition
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StarHub president appointed CEO, New Zealand Communication
Auckland – New Zealand Communication, has appointed Singapore based Mike Reynolds as its Chief Executive Officer; he will relocate to Auckland next month. New Zealand’s third mobile operator is “now on a countdown to a public launch date,” said New Zealand Communications’ chairman, Bill Osborne. He said the company had conducted a world-wide search for a telecommunications executive with the expertise to take the mobile phone company from its current infrastructure … [Read more...] about StarHub president appointed CEO, New Zealand Communication
Mixed reactions to Amazia cancellation
Paris – New cross-platform content show Amazia, slated for its debut in Hong Kong, November 17-20, 2008, has been shelved by its Paris-based organizers Reed MIDEM. While there had been talk in the market that the show would be cancelled if certain exhibitor and sponsorship targets were not met, optimism seemed high early April 2008 at MIPTV in Cannes. Over 50 companies had confirmed, of around 200 companies that had committed, to exhibit at the event. Keynote speakers for the Amazia … [Read more...] about Mixed reactions to Amazia cancellation
StarHub re-tiers, adds new channels
Singapore – StarHub Digital Cable has repackaged a number of its channel tiers and has announced the addition of new offerings to bring the total number of channels on its pay-TV service to a total of 159 by July 2008. Adding to its six Basic Groups, StarHub rolled out the new Lifestyle Basic Group. Most of the channels in the Basic Groups and Basic Upsize tiers have been repackaged from the unbundling of its Family Plus tier of 21 channels across different genres and the Chinese Plus II … [Read more...] about StarHub re-tiers, adds new channels
Singapore kick-start for NBCU channels’ July launch
Singapore – The carriage deal with Singapore’s StarHub in July will be the first in a series across the region for NBC Universal Global Networks’ SCI FI and Universal Channels. The third SCI FI channel in the region, as well as the first Universal Channel, will debut on StarHub Digital Cable in July. The channels will be made available with Chinese subtitling and offer viewers local interstitials and programming. This announcement is the first in a series of deal announcements … [Read more...] about Singapore kick-start for NBCU channels’ July launch
China and India to drive mobile growth in Asia
Mobile connections worldwide will reach 4.99billion by 2012, and revenues will grow to US$1,019billion. Mobile connection growth in Asia Pacific will remain strong in the next four years although the region comprises emerging markets with high growth potential like Indonesia and mature markets with slowing growth such as Australia, with penetration forecasts at 67% and 122% by 2012 respectively. That’s according to the latest forecasts published by analyst and consulting firm Ovum. The … [Read more...] about China and India to drive mobile growth in Asia