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TOKYO: Sony Corporation posted a net loss of 19.3 billion yen ($197 million) for the quarter ended September 30, compared to the year-ago quarter's loss of 15.5 billion yen ($157.7 million), citing a weak performance in its pictures division. In its pictures division, the lackluster box-office performance of White House …

SYDNEY: The online video destination [adult swim] has been launched by Turner Broadcasting System Asia Pacific in Australia. Aimed at males between the ages of 16 and 34, [adult swim] will offer more than 1,500 animated videos. The complementary content will be available through AdultSwim.com.au and on mobile devices powered …

LOS ANGELES: BoPaul Media Worldwide has licensed a range of titles to the Japanese video distributor Medallion Films, among them the Porky’s trilogy. Four titles from the Melvin Simon/Video Mercury catalogue were licensed for pay- and free-TV rights to Medallion. These are Porky’s, Porky’s II: The Next Day, Porky’s Revenge …

HONG KONG: A new comScore report has found that 87.2 percent of China's 347 million Internet users are watching online video at home or work, with some 30.9 billion videos being watched a month. The Chinese audience is the number two consumer of videos globally, comScore reports, behind the U.S., …

SYDNEY: The next five years will provide a host of opportunities for Australian producers to collaborate with their counterparts in China, Malaysia, Singapore, South Korea and other Asian markets, according to a new study released by Screen Australia, the government body that provides support for the country's content sector. According …

HONG KONG: FOX International Channels has added an eighth feed for its STAR Chinese Movies (SCM) pay-TV channel, rolling out a Southeast Asian service in Thailand and Indonesia. SCM is now being carried on GMMZ and MeTV in Thailand and, in Indonesia, First Media, Big TV, Parabola Orange TV, Skynindo …

SYDNEY: Australia's Nine Entertainment is looking to raise up to AUD$697 million ($658 million) in an initial public offering. Nine is planning to sell 304.7 million new and existing shares—131 million new shares and 178.7 million existing shares—at a price range of AUS$2.05 to AUS$2.35 a share. The IPO is …

NEW YORK: The Chinese VOD platform YOU On Demand has received an additional $2 million investment from C Media Limited, a leading China-based mobile video service provider. This $2 million injection brings C Media's total investment in YOU On Demand to $6 million. The Bridge Note would convert to Series …

BEIJING/SANTA MONICA: Lionsgate and Jiaflix Entertainment have signed a multi-year licensing pact for films from the Lionsgate and Summit catalogues to be available in China for transactional and subscription video on demand (TVOD and SVOD). The agreement sees the titles becoming available on M1905.com, China's official streaming website. Jiaflix subscribers …

HONG KONG: Telco PCCW, which runs the now TV pay-TV platform and has received approval in principle to launch a free-to-air network in Hong Kong, has established a HK$300 million ($38 million) fund for independent productions. The Independent Productions Fund will be used to develop content for the new free-to-air …