London - Media analyst Screen Digest has released findings on the home entertainment market in China. It reports that almost 70 million DVDs were sold to Chinese consumers in 2006 for approximately US$115 million, and forecasts the amount to exceed US$500m by 2010. The growth is expected to be at the expense of China's VCD sector, which has dwindled to about 50% of its original value to US$50m since 2002, with further decline expected through to 2010. … [Read more...] about Chinese DVD spending to hit US$500 million by 2010
entertainment news
All goes dark at Thailand’s iTV
Bangkok – Thailand’s only independent TV station iTV has halted broadcasting ‘temporarily’ until any light is shed on its future. Equally in the dark appear to be the Thai Cabinet, deciding to pull the plug after having failed to reach a decision on the channel’s future. The core of iTV’s problems lie in debts of US$3.85million, incurred via fines, fees and interest. … [Read more...] about All goes dark at Thailand’s iTV
Galey heading up Bloomberg TV for Asia
Singapore - Shawn Galey is to direct a wide range of Bloomberg Television’s commercial affairs in the Asia-Pacific region. Based in Singapore, Galey assumes regional responsibility for distribution, new media, business development and marketing. He replaces James Ross, who left Bloomberg Television mid-2006 to head up Granada International’s Hong Kong-based regional operations. Prior to joining Bloomberg Television, Galey was a senior vice president for legal and business affairs at … [Read more...] about Galey heading up Bloomberg TV for Asia
SET denies bid for Neo Sports stake
Mumbai – Sony Entertainment Television (SET) did not offer to buy a 26% in Indian cricket channels Neo Sports. An LA-based Sony spokesman says the facts, as reported by The Economic Times of India, were not accurate. … [Read more...] about SET denies bid for Neo Sports stake
Will digital technology shut right windows?
The old established economic model of licensing the same programme to as many platforms at different times in one territory to maximize revenue for the rights owner (or distributor) may be coming to the end of its own life cycle. The argument has always been that the value of the rights for a certain programme diminish over the life cycle of that programme and – as such – a premium is charged for first window rights and exclusivity is traded for higher and higher license fees. … [Read more...] about Will digital technology shut right windows?
Multi- tasking for multi- platform – CAS and DRM in Asia
Digital pay-TV platforms are growing in countries such as India, Taiwan and China. Value-added services have been introduced in established markets like Australia and New Zealand. Korea is leading the region in adopting new technologies and Internet Protocol TV (IPTV) is starting to make its mark. All this is creating exciting opportunities for digital TV solutions providers in the Asia Pacific. “We see significant growth potential for all markets in the region,” says Sue Taylor, … [Read more...] about Multi- tasking for multi- platform – CAS and DRM in Asia