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Olympic Broadcast Rights Awarded in Japan

LAUSANNE: The International Olympic Committee has awarded the Japan Consortium the broadcast rights in Japan for the 2014 Winter Games in Sochi, Russia, and the 2016 Summer Games in Rio de Janeiro, Brazil. The Japan Consortium includes NHK and the National Association of Commercial Broadcasters of Japan. The group takes ...

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China’s YOU On Demand Debuts with Jinan Cable

NEW YORK: The Chinese pay-per-view and VOD platform YOU On Demand, led by former WWE exec Shane McMahon, is now on the air through the Jinan Branch of Shandong Radio and Television Networks Company. The service brings subscribers titles such as Harry Potter & The Deathly Hallows: Part 2, Ocean’s ...

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Sony Posts $2.09 Billion Net Loss

TOKYO: Sony reported a 159 billion yen ($2.09 billion) net loss for the third quarter ended December 31, 2011, compared to a profit of 72.3 billion yen ($950 million) in the same period the year prior, with the company expecting an even greater loss of 220 billion yen ($2.9 billion) ...

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Saban Capital Group Opens Hong Kong Post

HONG KONG/LOS ANGELES: A new office for Saban Capital Group has been set up in Hong Kong, to be led by Sumeet Jaisinghani, who has relocated from the company’s Los Angeles post. The new hub marks the first Asian office for Saban Capital Group, which has investments in the region ...

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FIC & GMA Worldwide Enter Three-Year Output Deal

MANILA: GMA Worldwide is supplying a minimum of 350 hours of locally produced programs and 25 feature films to FOX International Channels (FIC) for its cable services this year. FOX’s Philippine feed will air the fantasy series Encantadia, Darna, Dyesebel and Super Twins. Also included under the pact are the Filipino ...

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BBC Worldwide Channels Makes Four Launches in Thailand

LONDON: Starting today, BBC Knowledge, BBC Lifestyle, BBC Entertainment and CBeebies are available through TrueVisions in Thailand. The four channels are now available on Thailand’s largest and leading cable and satellite television operator, joining the already offered channel BBC World News on TrueVisions. They feature a mix of premium and ...

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Disney to Take Controlling Stake in India’s UTV

BURBANK/MUMBAI: The Walt Disney Company is taking a controlling interest in the Indian entertainment outfit UTV Software Communications, with plans to integrate the operations of the two companies. UTV’s current CEO, Ronnie Screwvala, becomes managing director of The Walt Disney Company India. Screwvala will report to Andy Bird, the chairman of ...

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New President & CEO at Sony

TOKYO: Kazuo Hirai is taking over as the president and CEO of Sony Corporation, while Howard Stringer moves into the role of chairman of the board of directors in June. Hirai, currently the executive deputy president, was recommended to the Sony board by Stringer himself to serve as his successor. ...

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Mnet Gets Full 24-Hour Channel on Verizon FiOS

LOS ANGELES: Mnet, the U.S. network targeting Asian Americans, is now available 24 hours a day to Verizon FiOS subscribers and is replacing the Soundtrack Channel. Prior to this, Mnet was available for 10 hours to FiOS subscribers. Programs offered to Verizon FiOS subscribers on Mnet include Hello Pop!, a ...

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CASBAA Report Shines Light on Multichannel TV Advertising

HONG KONG: New first-of-its kind reach and frequency analysis from CASBAA shows higher returns on media investment in multichannel TV advertising. The study, commissioned by CASBAA and carried out by Universal McCann, measures the benefits of taking different percentages of a $1.75 million budget and spending them on multichannel TV and ...

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