Hong Kong- Broadband in Japan and Korea and digital TV in China and India will spearhead the growth in the media industries' revenues, according to Media Partners Asia. Japan's broadband sector will generate approximately US$19 billion in annual turnover by 2015, while the overall broadband pay-TV market will be worth a sizable US$28 billion, MPA predicts. The research and analysis firm says digital adoption will grow exponentially in India, but broadband consumption will remain modest. MPA … [Read more...] about Japan, China and India to lead the revenue rush
format licensing
Southern Star and Malaysia’s Creative License sign co-production and distribution deal worth US$10 million
Cannes– The Multimedia Development Corporation (MDeC) led 30 Malaysian companies to MIPTV and helped Creative Licence Sdn. Bhd. secure a co-production and worldwide distribution deal for its 2D animation series (52 x 11 min), Hairy Legs, with Australia’s Southern Star Entertainment Pty Ltd. Creative Licence’s agreement with the sixth largest international distributor of English language programmes outside US is valued at US$10 million with production to take place in … [Read more...] about Southern Star and Malaysia’s Creative License sign co-production and distribution deal worth US$10 million
China’s first 3D channel to debut May 1
Shanghai- Shanghai Interactive Television Co Ltd is launching China's first 3D channel on May 1.The 3D programmes, which require special glasses to view, will include documentaries, Olympic sports games and entertainment, the Xinhua news agency reported.SiTV operates 21 paid digital channels which reach more than 5.7 million viewers. … [Read more...] about China’s first 3D channel to debut May 1
MTV goes into Overdrive Down Under
Sydney/ Hong Kong- MTV Australia today launched MTV Overdrive (mtv.com.au/overdrive), a comprehensive online video on-demand music and entertainment service. This means the broadband service is now available in 11 countries, joining Canada, Germany, Italy, Holland, France, Denmark, Sweden, Brazil, the UK and the US. MTV Overdrive offers users MTV news updates, artist interviews, music videos, live music performances and original short-form programming.MTV … [Read more...] about MTV goes into Overdrive Down Under
‘Fully converged’ show to hit Hong Kong Nov 2008
Cannes– Described as ‘ironically historic’ by Reed Midem CEO Paul Zilk, a new incarnation of MIP Asia is to launch November 2008 in Hong Kong.Called ‘Amazia’, it is billed as ‘the first pan-Asian, business-to-business exhibition and conference devoted to the creation and distribution of international entertainment content across all delivery platforms.’While begging the question why Reed Midem would organize such an event in Hong Kong, at a similar time … [Read more...] about ‘Fully converged’ show to hit Hong Kong Nov 2008
Media Partners Asia release findings on Asia Pacific pay-TV and broadband markets
Hong Kong- Media Partners Asia (MPA) reported a record 12.5 million new digital set-top boxes were installed in 2006 with net new digital subscription to peak at 30 million by 2010, driven by China, India, Korea, Japan and Australasia. Regional pay-TV penetration is expected to top 50% after 2011 and 55% by 2015 with almost half of total pay-TV homes having a digital set-top box by 2015. Regional broadband household penetration is estimated to scale up to more than 30% by 2015 with … [Read more...] about Media Partners Asia release findings on Asia Pacific pay-TV and broadband markets