Mumbai / New York– Viacom Inc. and the TV18 Group have jointly created Viacom-18, a new 50/50 joint venture operation in India, in a strategic alliance which will include television, film and digital media content across brands. The deal supported by Ambit Corporate Finance Pte Ltd and BMR Advisors is subject to regulatory approval and other closing conditions. A media teleconference took place on May 22, 2007 at 1500hrs Mumbai time (10:30hrs London / 17:30hrs Hong Kong) featuring … [Read more...] about Viacom and TV18 Group create Viacom-18 joint venture in India
OTT news
All new team for AETN All Asia Networks
Singapore- AETN All Asia Networks (AAAN), joint venture of A&E Television Networks and ASTRO All Asia Networks, has appointed Louis Boswell as General Manager, Michele Schofield as Director of Content – Programming, Acquisitions & Production and Connie Lai as Director of Marketing. AAAN was recently formed to launch and operate branded channels and services across Southeast Asia, Hong Kong and Taiwan, and will launch The History Channel and Crime & Investigation Network in Q2 and Q3 2007. … [Read more...] about All new team for AETN All Asia Networks
Marenzi named MGM’s Co-President MGM World Television
Los Angeles - Veteran TV executive Gary Marenzi has joined Metro-Goldwyn-Mayer Studios Inc. (MGM) as Co-President of Worldwide Television, sharing overall responsibility for the division with Jim Packer. Together the two execs will oversee the studio’s television sales operations, with Marenzi focusing on the international marketplace. Packer will focus on television distribution, channels and digital media for North America. The Co-Presidents report directly to MGM Chief Operating Officer … [Read more...] about Marenzi named MGM’s Co-President MGM World Television
Eddie McGuire vacates CEO job at Nine Network
Confirming weeks of speculation, Nine Network Australia today confirmed Chief Executive Officer Eddie McGuire would step down after just 15 months in that role, to resume his on air duties. McGuire hosts the game show 1 vs 100 but had relinquished presenting Who Wants to be a Millionaire and the AFL Footy Show when he took over as CEO. Tellingly, he won't be replaced. " The existing Nine Network management team headed up by Jeffrey Browne (Executive Director) will take the Network forward," said … [Read more...] about Eddie McGuire vacates CEO job at Nine Network
Viacom and Septeni launch free mobile site in Japan
Tokyo - Viacom International Japan(VIJ) and Septeni Group(Septeni) have entered into a comprehensive marketing partnership to launch a new free mobile site, launching end June 2007. VIJ, which has a range of content including MTV, will mainly develop and operate the media. Septeni, will leverage its strength in internet advertising to oversee ad sales and revenue generation. The site will feature the MTV brand and have a ‘My Page’ creation service. … [Read more...] about Viacom and Septeni launch free mobile site in Japan
Walt Disney Co’s Cheung upped to Greater China role
Hong Kong - The Walt Disney Company has expanded China country manager Stanley Cheung’s role to Executive Vice President and Managing Director of The Walt Disney Company Greater China. Covering China, Hong Kong, and Taiwan (excluding Hong Kong Disneyland), Shanghai-based Chueng reports to Andy Bird, president, Walt Disney International. “International expansion and growth of the Disney brand in emerging markets is a key priority for the Company. This new Greater China structure, … [Read more...] about Walt Disney Co’s Cheung upped to Greater China role