Seoul- Pandora TV, Korea’s largest video-sharing site, has raised US$10 million, led by DCM, a Silicon Valley-based venture capital firm, to expand its service offerings and finance further build-out of its network infrastructure. Founded in 2004, Pandora TV has shown consumers, media players, mobile service providers and advertisers that UCC video can drive revenue across the media mix, Media Partners Asia said in its analysis of the company. According to KoreanClick, UCC sites gained a … [Read more...] about Cashed-up Pandora TV expanding in Korea
format licensing
News Corp. admits management failings hurt STAR TV in India
New York- News Corp. chairman Rupert Murdoch has admitted management shortcomings impacted STAR TV’s business in India and contributed to a decline in STAR’s operating profit after four years of growth. “I’ll put my hand up for the blame. We took our eye off management there a bit and got into some trouble in India,” Murdoch said. “It has all been sorted out. Peter Chernin has been out there, and there’s a lot of work going on. So we will see… we have … [Read more...] about News Corp. admits management failings hurt STAR TV in India
Prehistoric Park enters home entertainment market in China
FremantleMedia Enterprises (FME) signed a home entertainment deal for Prehistoric Park in China with CAV Warner Entertainment Co., a joint venture between Warner Home Video and China Audio & Video Publishing House. Amrita Sindhu, Vice President, Asia, Home Entertainment clinched the deal, a first for FME’s programming to be released via a Hollywood studio’s distribution arm. With the series currently on air in China on CCTV, CAV Warner has launched the DVD in the territory to tap … [Read more...] about Prehistoric Park enters home entertainment market in China
BBC Worldwide secures first ever deal with Warner Video in China
Hong Kong – BBC Worldwide has just signed its first ever deal with Warner Video in China for pre-school fare Fimbles. To date, more than 2.5million BBC Children's videos have been sold in China. The Warner Video deal coincides with the recent sale of Fimbles to Shanghai Media Group. SMG has taken all 200 episodes, which started airing Saturday June 2, from Monday to Sunday at 4:30pm. Fimbles follows in the footsteps of Teletubbies and Charlie and Lola which have also been sold to the … [Read more...] about BBC Worldwide secures first ever deal with Warner Video in China
TiVo the new battleground between Seven and Foxtel
Sydney/Alviso, California: The Seven Media Group’s deal to bring TiVo to the Australian market in the first half of next year, in partnership with TiVo Inc., has opened a new front in the commercial war with arch-rival Foxtel. Seven said the DVR will be available to other broadcasters and broadband content owners to create an interactive, free-to-air digital terrestrial television offering, and the service will include features like SeasonPass recordings and WishList searches and allow … [Read more...] about TiVo the new battleground between Seven and Foxtel
Hutchison launches mobile & on-line music service
Hong Kong - From June, 3 Indonesia’s mobile subscribers will be the first in South East Asia to have access to a new music service which enables them to buy and download music to both their handsets and PCs. 3 is looking to bridge the mobile content gap in Indonesia which, at 60 million subscribers, is Asia’s third largest mobile market. It is currently dominated by sales of ringtones and ringback tones, although this should evolve with 3’s new service enabling consumers to … [Read more...] about Hutchison launches mobile & on-line music service