Mediacorp has entered into an agreement with Singapore Press Holdings to buy its minority shareholdings in Mediacorp’s entertainment television and newspaper businesses. The purchase, valued at S$18 million, will involve Mediacorp buying SPH’s 20 per cent stake in Mediacorp TV Holdings Pte Ltd which owns Channels 5, 8 and U and Mediacorp Studios and 40 per cent stake in Mediacorp Press Pte Ltd, which operates the TODAY newspaper. Completion of the deal, is subject to regulatory … [Read more...] about Mediacorp buys SPH’s minority shareholdings
TODAY
TODAY goes full digital
TODAY will become the first newspaper in Singapore to pivot to a fully-digital future, as it discontinues its print edition. This follows a deal signed which sees Mediacorp buy back a 40 per cent stake of Mediacorp Press held by Singapore Press Holdings since 2005. Completion of the deal is subject to regulatory approval and scheduled for the end of September 2017, coinciding with the last print edition of TODAY. With full ownership and control of Mediacorp Press, Mediacorp will … [Read more...] about TODAY goes full digital
MediaCorp OOH Media dresses up ads
Singapore – For the first time, MediaCorp OOH Media dressed up its bus shelters’ ad panels as Christmas trees along Orchard Road to add a little Christmas cheer to the festive atmosphere. Seven 6-sheet panels will be dressed up as Christmas trees from 6 to 31 December at bus shelters outside Concorde Hotel, Delfi Orchard, Far East Plaza, Lucky Plaza, Midpoint Orchard, Orchard Plaza and Royal Thai Embassy. In addition, we will be rallying the public to hunt for an 8th roving tree, or … [Read more...] about MediaCorp OOH Media dresses up ads
Jeff Zucker named President of CNN Worldwide
Jeff Zucker will join CNN Worldwide as President of the multi-platform global news enterprise, it was announced by Phil Kent, Chairman and CEO of CNN parent company Turner Broadcasting System, Inc. In January 2013, Zucker will assume executive oversight of a portfolio of 23 branded news and information businesses that include CNN/U.S., CNN International, CNN.com and HLN. Zucker will report to Kent and will be based at CNN in New York. Zucker started his 25-year career with NBC as a researcher … [Read more...] about Jeff Zucker named President of CNN Worldwide
