Hong Kong - STAR Greater China announced a multi-year licensing renewal deal with Media Prima Berhad. Under the agreement, Media Prima will license from STAR the television rights to over 20 Fortune Star Library blockbusters including The Fist of Fury by Bruce Lee; Three Jet Li titles, including Once Upon a Time in China series and Black Mask, and Seven Jacky Chan titles, including Police Story series, Dragon Lord, Winners and Sinners, City Hunter and My Lucky Stars. The titles will be shown on … [Read more...] about STAR signs licensing deal with Malaysia’s Media Prima Berhad
Media Prima Berhad
MPB divests Philippines investment for US$16 million
Petaling Jaya - Media Prima Berhad (MPB) is set to recover its investment in the Philippines following the proposed divestment of its entire 70 per cent equity stake in its subsidiary, MPB Primedia Inc to Mediaquest Holdings Inc. for US$16 million. In March 2008,MPB invested in Primedia, a company that had entered into a block airtime and consultancy agreement with ABC5, a national free to air television network in the Philippines as an initial seed for its proposed Media Fund. The Fund was … [Read more...] about MPB divests Philippines investment for US$16 million
Media Prima Berhad appoints Dato Amrin Awaluddin as Group MD
Petaling Jaya - Media Prima Berhad (MPB) has announced the appointment of Dato Amrin Awaluddin as the new Group Managing Director of MPB effective 1 September 2009. Dato Amrin, who is currently MPB's Group Chief Operating Officer (COO), replaces outgoing Group Managing Director/CEO, Abdul Rahman Ahmad, who in May 2009 announced his departure from MPB after eight years of service upon the expiry of his contract on 31 August 2009. Dato Amrin will also be assuming all positions at the Group and … [Read more...] about Media Prima Berhad appoints Dato Amrin Awaluddin as Group MD
New appointments in Media Prima Berhad & New Straits Times Press
Petaling Jaya - Media Prima Berhad (MPB) and The New Straits Times Press (Malaysia) Berhad (NSTP) jointly announced effective immediately, the appointment of Dato' Ahmad bin Abd Talib as the new executive director, news and editorial operations, MPB as well as the executive director, editorial, NSTP. Accordingly, he will also be appointed as a Board member of MPB and NSTP effective 1 July 2009. This appointment forms part of a broader change in both MPB and NSTP editorial operations, which sees … [Read more...] about New appointments in Media Prima Berhad & New Straits Times Press
Global economic crisis takes toll on Media Prima
Malaysia - Media Prima Berhad (MPB) has recorded its first-ever first-quarter loss as the global downturn took a toll on domestic consumption and advertising expenditure. MPB registered a loss after tax and minority interest of RM23.23 million for the first quarter ended 31 March 2009 compared with a net profit of RM17.06 million in the previous corresponding quarter. Group revenue declined 12 percent to RM141.18 million for the first quarter against RM159.59 million recorded in the previous … [Read more...] about Global economic crisis takes toll on Media Prima
Abdul Rahman Ahmad to end tenure as Group Managing Director of Media Prima in August 2009
Kuala Lumpur – Media Prima Berhad (MPB) announced that Abdul Rahman Ahmad will be ending his tenure as the group managing director/CEO in August 2009. Dato Amrin Awaluddin, the current CEO of TV3 has been appointed as the new chief operating officer, MPB and the designated successor to Abdul Rahman. Amrin will relinquish the position of CEO, TV3. The purview of TV3 will now directly come under Dato Sri Farid Ridzuan, the Group CEO of Television Networks and MPB International. Abdul Rahman … [Read more...] about Abdul Rahman Ahmad to end tenure as Group Managing Director of Media Prima in August 2009