Chinese Group Orient Hontai is set to increase its share of in Spanish TV group Mediapro to 76 per cent in exchange for a €620 million injection to save the group from bankruptcy. Some €150 million will be paid immediately through subordinated debt. The additional €470 million will then be approved by a shareholding meeting […]
With Black Friday just days away – always a huge event in the sale of TV sets – a report from analysts at KB Securities says that with Samsung entering the OLED market next year there could well be a shortage of OLED panels. LG Display (LGD) is the sole supplier of the high-end TV […]
A Chinese anti-piracy operation targeting copyright infringement on the Internet has reported major success. Copyright law enforcement departments at various levels have investigated 445 cases involving online copyright infringement, shutting down 245 illegal websites and mobile applications transmitting pirated content, and removing 618,300 web links with such content since the operation was launched in June. […]
BirdDog, a manufacturer of NDI enabled PTZ cameras, converters, and software has announced a strategic partnership with Ideal Systems, to further drive growth across the Asia Pacific region. Ideal Systems provide a full spectrum of media technology services including consultation, design, installation, integration, as well as operational and maintenance support of state-of-the-art technology infrastructure across […]
SES says that three Chinese channels from China Global TV Network will switch to HD transmissions at the end of the year. The channels will continue broadcasting in standard definition until then. The new HD transmissions will be from the SES prime European orbital position of 19.2 degrees east. The expansion comes about because of […]
Orient Hontai will increase its shares in Spain’s TV group Mediapro by 30 per cent, up to 85 per cent for €620 million, according to El Confidencial. The Chinese group will pay €400 million to amortise part of the Mediapro’s debt €900 million whereas the rest, €220 million will be destined to increase the social […]
A Chinese broadcasting satellite was launched on September 9th and is ready for 4K and 8K transmissions. The satellite (Zhongxing-9B) was launched from the Xichang Satellite Launch Center in southwest China’s Sichuan Province on a Long March-3B rocket on its 388th mission. The craft is designed to operate for at least 15 years and will […]
The International Olympic Committee (IOC) has announced that the China Media Group (CMG) has been awarded the exclusive broadcast rights in the Chinese mainland and Macau (SAR) for the XXV Olympic Winter Games in Milano Cortina in 2026, the Games of the XXXIV Olympiad in Los Angeles in 2028, the XXVI Olympic Winter Games in 2030, […]
The enthusiasm for video games and gaming shows no signs of fading. Industry data shows that global stock market growth for the games sector was up 3.6 per cent last week. Even the more modest indicator from Morgan Stanley (the MSCI World) Index showed growth for the week of 1 per cent. But there could […]
Beyond Rights has announced that one of its newest kids’ shows, Turbozaurs, is heading to China in a two season deal with Youku, the streaming platform of Alibaba Digital Media and Entertainment Group. The two 26 x 7 series will launch on Youku in November, and will be available to stream, both online and through […]