Los Angeles - Comcast International Media Group (CIMG) unveiled new deals for The Style Network programming with key broadcasters in Korea, the announcement was made by Christine Fellowes, managing director, Asia Pacific, CIMG. TCAST's Fashion N has licensed seasons one and two of Style Her Famous, as well as three seasons of the reality competition show Instant Beauty Pageant. CJ Media has also acquired season three of Style Her Famous for its O'live Channel, while Orion Cinema Networks' … [Read more...] about Comcast International Media Group signs multiple sales deals in Korea
Korea
South Korea to deregulate on telecom bundle products
Seoul - The government plans to lessen the regulation of new bundle products, such as a combined package of mobile, fixed-line, broadband and internet television. The Korea Communications Commission (KCC) announced that it will offer telecommunication companies exclusion from examination of new packages for up to a 30 percent discount rate - moving from 20 percent, which is currently the maximum offered. Expanding exclusion of examination will help to roll out more high-discount bundle products, … [Read more...] about South Korea to deregulate on telecom bundle products
Korea: NHN’s Q1 net surges 18 percent on increased revenue from online games
Seoul - NHN, the operator of South Korea's top internet portal Naver, announced that its first-quarter earnings rose 17.9 percent on increased revenue from online games. Net income came to 104.3 billion won (US$82.6 million) in the January-March period, compared with 88.4 billion won a year earlier, the company said in a regulatory filing. Compared with the previous quarter, its net profit was also up 5.6 percent. Sales climbed 9.2 percent on-year to 322 billion won and operating income also … [Read more...] about Korea: NHN’s Q1 net surges 18 percent on increased revenue from online games
Korea: Lee to introduce special IT advisor post
Seoul - South Korea's presidential office of Cheong Wa Dae will introduce a special advisor post on information technology for President Lee Myung-bak and is now searching for a suitable candidate, his spokeswoman has said, as reported by Yonhap News Agency. "Cheong Wa Dae has decided to create the special advisor post to handle information technology affairs and has begun the selection process," Kim Eun-hye said in a briefing. As one of the world's most wired nations, South Korea has more than … [Read more...] about Korea: Lee to introduce special IT advisor post
CIMG to launch localized E! Channel in Korea with SBS MediaNet
Los Angeles - Comcast International Media Group (CIMG), a key division of Comcast Corporation, and SBS, one of Korea's largest multiple program providers and the region's only private broadcasting company with a nation-wide network, will launch a localized version of the popular E! Entertainment Television channel in Q1 2009. The announcement was made by CIMG President Kevin MacLellan and SBS MediaNet President & CEO Seongwan Hong. SBS will operate the new Korean language, pay TV network as the … [Read more...] about CIMG to launch localized E! Channel in Korea with SBS MediaNet
Endemol’s Asian expansion
Seoul - Endemol is opening an office in Seoul, South Korea, headed up by managing executive business development Far East / digital media Ryan Lee. It is also anticipated Endemol will relocate its Southeast Asia HQ to Malaysia - from its current Bangkok location. Speaking at the BCWW 2008 Exhibition & Conference, being held at COEX 3-5 Sept 2008, senior licensing manager commercial & creative affairs Maarten Meijs said that Endemol gameshow format 1 versus 100 has been one of the first … [Read more...] about Endemol’s Asian expansion