London / Mumbai – NDS acquired 100% of the share capital of Jungo Ltd, residential gateway software provider, for up to US$107.5 million cash,including $17 million of earnout payment, contingent on achieving fiscaltargets for the 12 months following the deal’s completion next March.NDS has also opened a sales and support operation in Mumbai following ts five-year R&D operations in Bangalore. Dr. Abe Peled, Chairman and Chief Executive Officer of NDS Group, said the Mumbai office … [Read more...] about NDS buys Jungo Ltd; opens Mumbai office
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India’s Gemini TV and Udaya merge with Sun TV
India – Satellite television company Gemini TV and Udaya TV, excluding the FM radio division, will merge with Indian broadcaster Sun TV, giving ita dominant position in south India. As the owner of four Tamil channels and two Malayalam channels, Sun TV adds Gemini’s five channels and Udaya’s four, which earned revenues of Rs1.75 billion (US$39 million) and $21 million respectively, for the year ending March 31. … [Read more...] about India’s Gemini TV and Udaya merge with Sun TV
BBC World makes S-DMB debut
London - BBC World, the BBC’s commercial 24 hour news and information channel, has signed a distribution deal with TU Media, Korea’s first Satellite Digital Multimedia Broadcasting (S-DMB) provider TU Mediain Korea.BBC World’s block on TU Media includes live andrecorde : Asia Business Report, World Business Reportand Click Nic van Zwanenberg, BBC World’s regional director, distribution and business development Asia says: “BBC World (is) the first … [Read more...] about BBC World makes S-DMB debut
CNBC.com launched
Englewood Cliffs, N.J. - The new CNBC.com website has launched to complement CNBC’s live cable television coverage - leveraging the resourcesof its global network. Business videos are produced in its new New Jersey digital studio, its Asian headquarters in Singapore, its Europe headquarters inLondon and in bureaux worldwide - and are streamed live and on-demand. NBC.com also hosts blogs organized across industry sectors by CNBCanchors and reporters. Its ‘Play-by-Play’ blog … [Read more...] about CNBC.com launched
EURO 2008 Media Rights outside Europe sold
UEFA has granted broadcast rights for the EURO 2008 European Football Championships in a number of territories outside Europe via unprecedenteddirect negotiations with broadcasters. ESPN was granted rights for North America and the Pay TV rights in South America, with coverage on its network including two games on ABC; ESPN Star got rights for the Indian sub-continent, including sub-licensing to terrestrials; Al Jazeera was granted rights for the Middle East and North Africa; while PCCW was … [Read more...] about EURO 2008 Media Rights outside Europe sold
Media e2e, Oracle and Wipro Infotech form Media Technology Consortium
Mumbai - Media e2e, Oracle and Wipro Infotech announce the formation of a Media Technology Consortium to address growing technology needs of the media and entertainment sector by designing advanced information systems. The alliance sees Media e2e bringing domain expertise and niche applications solutions for the media and entertainment industry, Oracle providing industry focused business applications, and Wipro offering infrastructure services and system integration capabilities. The … [Read more...] about Media e2e, Oracle and Wipro Infotech form Media Technology Consortium
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