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Top Stories

PCCW Establishes Indie Production Fund in HK

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 ...

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Lifetime, H2 Set for the Philippines

NEW YORK: A+E Networks Asia is increasing its presence in the Philippines with the launch of Lifetime and H2. The two channels join HISTORY, Bio and Crime & Investigation Network, which are currently available in the Philippines. Lifetime will be delivering such titles as Liz & Dick, Ring of Fire, ...

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Lionsgate in TVOD, SVOD Chinese Deal

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 ...

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China’s YOU On Demand Receives New Investment

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 ...

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Australia’s Nine Plans $658 Million in IPO

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 ...

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BoPaul Media Clinches Deal with Medallion in Japan

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 ...

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China Online Video Views Top 30 Billion a Month

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., ...

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STAR Chinese Movies Adds New Southeast Asian Feed

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 ...

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Sony Reports Quarterly Loss, Cuts Forecast Amid Weak Film Unit

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 ...

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