Singapore - The 2006 Asia Television Forum (ATF), Asia Film Market & Conference (AFMC) and Asia Animation Conference (AAN) closed with US$47.1 million worth of deals concluded, exceeding the $33 million mark in 2005 by about 42%. The market grew by 25%, with participation from a recordtotal of 49 countries.The market drew 121 Asian sellers, a 44% increase from 2005. Singapore fielded 25 companies, a 20% increase over last year; and for the first time all four of South Korea’s major … [Read more...] about 2006 Asia Television Forum closes on record high
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NDS buys Jungo Ltd; opens Mumbai office
London / Mumbai – NDS acquired 100% of the share capital of Jungo Ltd, residential gateway software provider, for up to US$107.5 million cash,including $17 million of earnout payment, contingent on achieving fiscaltargets for the 12 months following the deal’s completion next March.NDS has also opened a sales and support operation in Mumbai following ts five-year R&D operations in Bangalore. Dr. Abe Peled, Chairman and Chief Executive Officer of NDS Group, said the Mumbai office … [Read more...] about NDS buys Jungo Ltd; opens Mumbai office
India’s Gemini TV and Udaya merge with Sun TV
India – Satellite television company Gemini TV and Udaya TV, excluding the FM radio division, will merge with Indian broadcaster Sun TV, giving ita dominant position in south India. As the owner of four Tamil channels and two Malayalam channels, Sun TV adds Gemini’s five channels and Udaya’s four, which earned revenues of Rs1.75 billion (US$39 million) and $21 million respectively, for the year ending March 31. … [Read more...] about India’s Gemini TV and Udaya merge with Sun TV
BBC World makes S-DMB debut
London - BBC World, the BBC’s commercial 24 hour news and information channel, has signed a distribution deal with TU Media, Korea’s first Satellite Digital Multimedia Broadcasting (S-DMB) provider TU Mediain Korea.BBC World’s block on TU Media includes live andrecorde : Asia Business Report, World Business Reportand Click Nic van Zwanenberg, BBC World’s regional director, distribution and business development Asia says: “BBC World (is) the first … [Read more...] about BBC World makes S-DMB debut
CNBC.com launched
Englewood Cliffs, N.J. - The new CNBC.com website has launched to complement CNBC’s live cable television coverage - leveraging the resourcesof its global network. Business videos are produced in its new New Jersey digital studio, its Asian headquarters in Singapore, its Europe headquarters inLondon and in bureaux worldwide - and are streamed live and on-demand. NBC.com also hosts blogs organized across industry sectors by CNBCanchors and reporters. Its ‘Play-by-Play’ blog … [Read more...] about CNBC.com launched
EURO 2008 Media Rights outside Europe sold
UEFA has granted broadcast rights for the EURO 2008 European Football Championships in a number of territories outside Europe via unprecedenteddirect negotiations with broadcasters. ESPN was granted rights for North America and the Pay TV rights in South America, with coverage on its network including two games on ABC; ESPN Star got rights for the Indian sub-continent, including sub-licensing to terrestrials; Al Jazeera was granted rights for the Middle East and North Africa; while PCCW was … [Read more...] about EURO 2008 Media Rights outside Europe sold