Illinois/Singapore – Motorola, Inc. mobile handset manufacturer and provider of mobile entertainment, has successfully acquired Soundbuzz Pte Ltd, a pan-Asian music provider. Terms of the transaction were not disclosed. The deal is expected to aid Motorola in expanding its Greater China music platform, MotoMusic, to India and Southeast Asia. Soundbuzz will maintain its Singapore headquarters as well as Mumbai and Sydney offices as a part of Motorola's mobile entertainment strategy in … [Read more...] about Motorola concludes Soundbuzz deal
OTT news
Disney to up stake in UTV
Mumbai/Burbank, California – The Walt Disney Company (Southeast Asia) Pte Ltd will raise its stake in UTV Software Communications Ltd to 32.1% on a fully diluted share capital basis, with new investments of US$200 million, subject to shareholder and regulatory approvals. Disney’s investment is to be made through a preferential allotment of new UTV shares. In addition, Disney will make an open tender offer to UTV shareholders as required under Indian securities regulations and … [Read more...] about Disney to up stake in UTV
Australia Network re-launches Newshour with Jim Middleton
Australia Network will re-launch its flagship news program Newshour with Jim Middleton to be broadcast over 44 countries in Asia Pacific. The re-launch event will take place on February 20, 2008 at Parliament House in Canberra, while the show has debuted on February 18. Hosted by veteran Australian journalist Jim Middleton, the show focuses on events of the day, panel discussions with commentators and experts on issues and perspectives of Australia and Asia Pacific. Bruce Dover, chief executive, … [Read more...] about Australia Network re-launches Newshour with Jim Middleton
MediaCorp Believes in localizing Ripley
Singapore – MediaCorp TV Channel 5 will debut a localized version of Ripley’s Believe It or Not! on February 19, 2008 at 8.30pm, following deal concluded with Sony Pictures Television International for the format. The show which features bizarre and amazing events, people, artifacts and trivia will be hosted by local talent Allan Wu who also fronted the recently concluded season two of The Amazing Race Asia on AXN. Singapore’s version of Ripley’s Believe It Or Not! will … [Read more...] about MediaCorp Believes in localizing Ripley
MediaCorp to acquire stake in Chinese outdoor advertising firm Dahe Media
Singapore – MediaCorp, Singapore’s integrated media company, is acquiring a 22.66% stake in Chinese outdoor advertising firm Dahe Media Co Ltd. The proposed deal comprises vendor shares and new shares with the latter priced at HK$89million (US$11.4million), and is subjected to regulatory and shareholder approval in the following months. The investment is expected to make MediaCorp the largest single shareholder of Dahe Media after Jiangsu Dahe International Advertising Group Co Ltd, … [Read more...] about MediaCorp to acquire stake in Chinese outdoor advertising firm Dahe Media
MEASAT in multi-transponder deal with SkyVision for AFRICASAT-1 capacity
Kuala Lumpur – MEASAT Satellite Systems Sdn Bhd will provide SkyVision Global Networks LLC, a global provider of Internet services over satellite and terrestrial fibre optic systems, with C-Band capacity on the newly commissioned AFRICASAT-1 satellite. Under the multi-transponder agreement, SkyVision will lease C-band transponders on the AFRICASAT-1 satellite from April 2008 for the provision of broadband services to SkyVision customers between Europe and Africa and across the African … [Read more...] about MEASAT in multi-transponder deal with SkyVision for AFRICASAT-1 capacity