Hong Kong- The top 10 media advertisers in Hong Kong in April forked out a total of HK$335.7 million (US$42.9 million), almost identical to April 2006. The top five were Bank of China, Sun Hung Kai Properties, Cheung Kung, Rolex and PCCW/Pacific Century CyberWorks. PCCW was the leading advertiser in promoting its various products online, closely followed by The Wall Street Institute, indicating education is still one of the most important categories in the online media market, according to Carat … [Read more...] about Hong Kong ad spend flat in April while OOH soars
entertainment news
Call to free up IPTV market in China
Beijing- China Telecom and China Netcom have urged the government to deregulate the IPTV market, claiming that restriction on licenses is stifling the development of IPTV. China Telecom, which has 210,000 IPTV subscribers, including 150,000 in Shanghai, is allowed to offer its IPTV service in just six cities, preventing it from reaching millions of potential customers across the country. China Netcom Chairman Zhang Chunjiang said he hopes to offer IPTV services "in every city in China," but this … [Read more...] about Call to free up IPTV market in China
James Packer, former media mogul
Sydney- The Packer dynasty's reign in Australian media is over. James Packer has stepped down as chairman of PBL Media, owner of the eastern States Nine Network and ACP magazines, after the Packer-controlled PBL reduced its stake in the company from 50% to 25%, ceding control to its joint venture partner CVC Asia Pacific. CVC partner Adrian MacKenzie is expected to become chairman of PBL Media, with the Packer-appointed Ian Law continuing as Chief Executive. Packer will remain on the PBL Media … [Read more...] about James Packer, former media mogul
Asia Media Holdings buys into Cambodia and Laos
Nonthaburi, Thailand– Shin Satellite plc has agreed to sell part of its Cambodia and Laos interests to Asia Mobile Holdings Pte Ltd (AMH). Shin Satellite will sell 49% in Shenington Investments Pte Ltd, for consideration value of US$200 million. Shenington is an investment holding company with a 100% stake in Cambodia Shinawatra Company Limited and 49% in Lao Telecommunications Company Limited. AMH, a joint venture between Qatar Telecom and ST Telemedia, currently holds interests in … [Read more...] about Asia Media Holdings buys into Cambodia and Laos
Five Shanghai nominations for BBC Worldwide
Shanghai- Planet Earth, Born Equal, After Thomas, and Recovery have been nominated for the Shanghai Television Festival's Magnolia Awards. This year's fest runs June 11-15. From Pole to Pole, episode one of the Planet Earth series, has been nominated for Best Nature Documentary. Born Equal has received two nominations - Best TV Film and Best Screenplay (TV Film). Meanwhile in the Best Director category, Simon Shore has been nominated for his direction on the true story After Thomas, and David … [Read more...] about Five Shanghai nominations for BBC Worldwide
NHK World in U.S. carriage deal
Tokyo- MHz Networks will present 24-hour English-language international channel NHK World TV to viewers in Washington D.C. starting July 2007. MHz Networks will broadcast NHK World TV on its sixth international channel MHz 6, following France 24, Russian World TV, Russia Today and NTA (Nigerian Television Authority). Headquartered in Virginia, MHz Networks' broadcast reaches Washington D.C. and surrounding suburbs. NHK World TV will also be available via cable services in the areas that carry … [Read more...] about NHK World in U.S. carriage deal