Sydney- Publishing and Broadcasting Limited today announced its intention to split its businesses into two publicly listed companies, gaming company Crown and media company Consolidated Media Holdings. PBL said it believes the split will better facilitate recognition of the value of the group's underlying assets, and will create two "pure-play" companies with attractive investment characteristics. Crown will own a diversified portfolio of gaming assets, including the Crown and Burswood casinos … [Read more...] about PBL splits into gaming, media businesses
Pay-TV
Pay-TV and broadband set to boom in Asia
Hong Kong- Millions of Asians will be transformed into voracious consumers of pay-TV, digital TV and broadband over the next five to eight years, according to a new study of the region's booming media and entertainment industries. The combined annual revenues of pay-TV and broadband businesses in Asia are predicted to jump from US$44 billion to US$102 billion by 2015. Total pay-TV subscribers, which reached 255 million last year, will climb to 381 million by 2011 and 446 million by 2015, … [Read more...] about Pay-TV and broadband set to boom in Asia
Nine Chinese digital TV channels cautioned
Beijing-- Chinese authorities have warned nine digital pay TV channels they face fines or closure unless they cease broadcasting commercials, films and dramas in violation of their permit conditions. The Tourism Channel, run by Guangdong Southern Media Group (GSMG), had failed to meet the minimum 90% requirement for its program content and had aired advertisements in breach of its license, according to the State Administration of Radio, Film and Television (SARFT). "This practice has severely … [Read more...] about Nine Chinese digital TV channels cautioned
Outlook positive but growth modest for IPTV in the region
Hong Kong - The perspective on IPTV's future in Asia remains positive, but growth will be modest under the entrenched cable and satellite competition. So says Ovum Analyst Kevin Lee, describing IPTV in Asia Pacific as "still in its infancy, as compared with the booming development in Europe." "As witnessed from its presence in eleven Asian countries, scales of IPTV roll-out remain relatively small. With the exception of Hong Kong being the most successful deployment to date, uptake is still … [Read more...] about Outlook positive but growth modest for IPTV in the region
Nine Chinese digital TV channels cautioned
Beijing- Chinese authorities have warned nine digital pay TV channels they face fines or closure unless they cease broadcasting commercials, films and dramas in violation of their permit conditions.The Tourism Channel, run by Guangdong Southern Media Group (GSMG), had failed to meet the minimum 90% requirement for its program content and had aired advertisements in breach of its license, according to the State Administration of Radio, Film and Television (SARFT)."This practice … [Read more...] about Nine Chinese digital TV channels cautioned
Foxtel secures more satellite capacity
Sydney- FOXTEL has acquired six transponders on Optus' just-announced D3 satellite to deliver HD services, new channels and enhanced picture and sound quality. The pay TV platform will also migrate some of its digital services from the Optus C1 satellite to the D3 bird, which is due to launch in 2009, as well as taking options for a further two transponders for future service expansion.The new satellite will increase Optus' fleet capacity by more than 30%. HD services will be rolled out … [Read more...] about Foxtel secures more satellite capacity