Hong Kong - Asia Television Limited's recently formed subsidiary Asia Entertainment Limited is co-producing with Hunan TV an ambitious drama series chronicling Hong Kong's storied history, budgeted at more than HK$30 million ($US3.8 million).Entitled Cang Hai Fu Tian, the series will cover key events and milestones in Hong Kong from the 1930s to 1997, reflecting the diligence of Hong Kong people and the ethnic and cultural difference among generations. "The story lauds the fortitude … [Read more...] about ATV’s Asia Entertainment to chronicle Hong Kong’s history
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ABC TV rings in the changes
Sydney- Robyn Watts is leaving the Australian Broadcasting Corp. after running its commercial arm ABC Enterprises, and its pan-Asian channel Australia Network has a new boss in a restructuring of the public broadcaster.The re-organisation will see the creation of a new commercial division, ABC Commercial, which will incorporate the current activities of ABC Enterprises and pursue new sources of revenue through developments in digital technology. Lynley Marshall, formerly Director, ABC New Media, … [Read more...] about ABC TV rings in the changes
Discovery undergoes major restructuring – top executives leave
Silver Spring, MD – David M. Zaslav, president and CEO of Discovery Communications, has implemented a number of personnel and structural changes. Senior executives including Discovery Networks US President Billy Campbell, whose position has been removed; heads of … [Read more...] about Discovery undergoes major restructuring – top executives leave
Strong start for Asian media stocks
Hong Kong - Asian media stocks have begun 2007 on a positive note. Through January 23, broadcasting sector stocks were up by 6% over last year, pay-TV stocks showed an 8% gain and Internet improved by 4%. The advertising and publishing sector averages both ticked up by 3%, according to Hong Kong-based Media Partners Asia, Ltd (MPA), a leading provider of independent analysis and information on Asia's media and communications industries.MPA’s January report noted that excluding the … [Read more...] about Strong start for Asian media stocks
MTV Asia executives check out
Singapore – Steven Tan, executive VP and COO for MTV Networks Asia-Pacific (MTVN A-P), and Mark Glazier, VP and CFO for MTVN A-P, left the company at the end of January. Also Andrew Hoppe, VP of content, creative & digital, has resigned and MTVN A-P is recruiting for his replacement. The departures resulted from reduced support required from the Singapore team following the realignment of MTVN A-P’s operations to advance the company’s localization strategy.MTV Networks … [Read more...] about MTV Asia executives check out
TVB entering the ad business in mainland China
Hong Kong – Broadcaster TVB is poised to extend its reach in China after being granted an advertising license by Beijing. This means TVB can operate a wholly-owned advertising firm that sells airtime directly to mainland enterprises, thus cutting out the middlemen who represented the network, Media Partners Asia reported. That firm, Gang Shi Multimedia Co. will be based initially in Guangzhou and eventually expand to other cities. "This should enable TVB to generate some upside … [Read more...] about TVB entering the ad business in mainland China