Hong Kong and New York – News Corporation has exercised the remaining half of its option to increase its stake in diversified media company Rotana Group, owned by Saudi billionaire Prince Alwaleed bin Talal, to 18.97 percent from 14.53 percent by purchasing newly-issued shares in Rotana for $35 million. The transaction follows News Corporation’s acquisition of a 9.09 percent stake in Rotana Group in February 2010 and its exercising of the first half of its option to raise the … [Read more...] about News Corporation ups stake in Rotana Group
satellite tv
NHK WORLD TV expands distribution in New York
New York – NHK WORLD TV, the stand-alone 24-hour English language TV news channel produced by NHK, is expanding its distribution in the New York ADI via Verizon FiOS (Channel 482). NHK WORLD TV debuted in the New York region last month as digital broadcast through a dedicated, over-the-air channel on Regional News Network (WRNN – Channel 48.5), making it available to six million households in the New York City area. The network is also available in HD in NYC area to Time Warner … [Read more...] about NHK WORLD TV expands distribution in New York
Satellite TV gets boost
Thailand media organization Nation Group is expanding its satellite TV business with a three year Baht 500 million (US$160,000) plan. The company plans to launch at least two more stations - Krungthep Turakij and Yaowachon Channel - taking the total number of its stations to seven. It aims to capture audiences in all segments and expects to boost broadcasting advertising to 40 per cent of total ad revenue. Thanachai Theerapattanavong, executive chairman, said the group is keen in entering … [Read more...] about Satellite TV gets boost
AsiaSat 7 replaces the 3S
Hong Kong – AsiaSat 7, a new communications satellite of Asia Satellite Telecommunications Company Limited (AsiaSat), is scheduled for launch on 26 November by an ILS Proton Breeze M launch vehicle from the Baikonur Cosmodrome in Kazakhstan. AsiaSat 7 is a new generation satellite designed to replace AsiaSat 3S at the orbital location of 105.5 degrees East. Based on the Space Systems/Loral 1300 platform, the satellite will support a broad range of applications for the Asia-Pacific region, … [Read more...] about AsiaSat 7 replaces the 3S
Dr. Ya-Hui Chiu assumes advisory role
Hong Kong – Asia Satellite Telecommunications Company Limited (AsiaSat) announced the appointment of Dr. Ya-Hui Chiu as Advisor to the President and CEO, following his retirement from the position of Vice President, Technical Operations on 31 July 2011. "On behalf of AsiaSat, I would like to thank Dr. Chiu for his years of excellent service and the enormous contributions he made to the Company. I am extremely grateful that Dr. Chiu is assuming a new consulting role with AsiaSat to continue … [Read more...] about Dr. Ya-Hui Chiu assumes advisory role
AsiaSat 3S introduces Filipino channels
Hong Kong – Asia Satellite Telecommunications Co. Ltd. (AsiaSat) announced that Associated Broadcasting Company (ABC) TV5’s affiliate company, Pilipinas Global Network Ltd. (PGN), has launched two new Filipino-language channels on AsiaSat 3S. The two new channels, Kapatid TV5 and Aksyon TV International, will be distributed to major pay-TV platforms, enabling the services to reach millions of Filipino viewers across AsiaSat 3S’s C-band footprint. Kapatid TV5 is a general … [Read more...] about AsiaSat 3S introduces Filipino channels
