Archive for August, 2010

Discovery adds another $89 million to Oprah Winfrey Network

August 21, 2010

Oprah Winfrey Network, the joint venture between Discovery Communications and Oprah Winfrey’s Harpo Inc. is going to get an additional amount of $89 million from Discovery. With this Discovery will increase its investment in the JV.

Discovery’s new investment will be in the form of a revolving loan from Discovery and/or debt financing from a third party lender to OWN.

The amendment allows the joint venture to be granted the right to pursue the distribution of OWN in the United Kingdom and Canada. The parties also agreed to launch OWN on or before 1 January next year.

As per the agreement, Oprah Winfrey will devote more time to this joint venture and would make her presence in more shows.

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Zeel-Nielsen into partnership for monitoring of TV ratings in US

August 21, 2010

Zee Entertainment Enterprise Limited, the major media conglomerate in India has indulged into a partnership with profound rating firm The Nielsen Company for monitoring of its television ratings in the US broadcasting space.

In an official statement, Bharat Ranga (COO, International Business, ZEEL) said, “We are the only South Asian network to be rated by Nielsen in the US. This reinforces our research-oriented approach to high-quality programming.”

Ranga further added, “Nielsen’s ratings would enable Zee TV to deliver exceptional programming to millions of South Asians, who tune into the network every day and also provide advertisers with deeper insight into audience behaviour and TV trends.”

According to studies, approximately 16.5% of the viewers watch the channels of Zee network in US which also includes a significant 3.8% of South Asians. The data and studies of Nielsen will definitely benefit Zeel in introspection and getting better revenues from the advertisers.

DCTP holds plan of launching its own channel

August 21, 2010

CTP, a German company indulged in TV production activities is all set to roll out its own 24 hours Television channel on the occasion of next New Year. The channel will telecast qualitative content on topics of society, history, culture and science.

The channel will be accompanied by an extensive on-demand offer through which viewers will be able to obtain more in-depth information on the topics covered by the TV programs.

Topics or issues will be approached from different perspectives in a detailed way in program blocks lasting several hours single.
The productions shown on DCTP.TV will be provided both by DCTP and by partners such as Spiegel TV, Süddeutsche Zeitung TV, NZZ TV and BBC Worldwide. The free-to-air channel aims to finance through advertising and sponsoring.

Sun TV looks for new broadcast deals in current fiscal

August 21, 2010

After indulging in partnership with DQ Entertainment earlier this year, South India’s premier media entity Sun TV Network is seeking to strike some content broadcasting deals with possible partners in the current fiscal year 2010-2011.

“We run 20 channels so our appetitie for content acquisition is very very high… some of these are with big overseas players and there should at least be 2 or 3 more this year,” Ajay Vidyasagar, chief operating officer, told Reuters in an interview.

Sun TV holds plan of introducing a kids channel in Malayalam language in coming future.

PoLL of D’ Month

August 11, 2010

INX Media rechristens company name to “9X Media”

August 10, 2010

Continuing with its restructuring process, INX Media Pvt Ltd has been rechristened to “9X Media Pvt Ltd.”. The Company houses the popular music channel 9XM and the Hindi general entertainment channel 9X.

With change in name the company; INX Media has also unveiled a new vibrant logo to complement the new name. “The change of name is in line with the Company’s strategy to tap new media initiatives including Licensing and Merchandising for 9XM’s popular characters – Bade-Chote and Bheegi Billi,” says 9X Media in a press statement.

Remarking over the new announcements, Bhupendra Makhi, Chief Financial Officer, 9X Media Pvt. Ltd. said, “The new identity of the Company is part of the restructuring process to consolidate our resources and further strengthen 9XM, which is the leading Hindi music channel in India. We also plan to aggressively tap new avenues in the media and entertainment sector and expand our existing network.”

Alongside 9X Media has announced its foray in the merchandising business. It has partnered with Kids Media India Pvt. Ltd (KMI) to create a full licensing & merchandising program around the 9XM’s popular characters – Bade-Chote and Bheegi Billi by extending them into the product & promotional licensing space in India.

9X Media Pvt. Ltd. has also strengthen the existing team and has undertaken many unique initiatives for 9XM such as the live streaming service on its website – http://www.9xm.in and also a complete vibrant on-screen look for the Channel. The music channel of the company has recently witness a surge in competition with the launch of music channel from Sri Adhikari Brothers Company, Mastii.

‘Channel One’: new name to be acquired by Virgin 1

August 10, 2010

Virgin 1, the channel which started in the year 2007 is on its way to acquire new name, ‘Channel One’. The channel will be rebranded with new logo and new on-off air branding on September 3rd.

Also, the channel is going to revamp its website as mychannelone.com. To inform about the rebranding and name change, the channel will telecast a series of on-air promos and announcements.

Channel One will be broadcast on the same channel numbers on Freeview, Sky and Virgin Media as Virgin1 and the schedule and programming stays the same, made up of US imports and original content. The broadcaster has just acquired the UK digital terrestrial rights for US science-fiction series V.

Virgin 1 was recently acquired by BSkyB for £160m. The channel later was placed by the owning company under the banner of The Living TV Group.

Nick joins hands with DQ Entertainment for animation production

August 10, 2010

India based animation firm DQ Entertainment Limited and kids’ entertainment channel Nickelodeon have indulged into a strategic partnership for the production of local animation content.

The partnership will soon produce an animated series ‘Keymon Ache’ for Indian kids in high definition format. The series will constitute 26 half hour episodes. The series is expected to be completed by middle of 2011. Under the agreement, DQE will execute the production for global distribution and licensing whereas, Nick will handle the content front.

Nina Elavia Jaipuria, Senior Vice President & General Manager, Nick India commented, “We are very happy to partner with DQE. This is a unique partnership between a broadcaster and a production house; and together we hope to create endearing characters and a show that promises to capture the hearts of our young viewers.”

Tapaas Chakravarti, Chairman and CEO of DQ Entertainment said, “The kids’ entertainment space in India has tremendous untapped potential and we are delighted to be partnering with Viacom18-Nickelodeon on this unique and fun filled series. This project has the potential to extend beyond Indian TV audiences as we target multiple media and distribution platforms and engage with children globally. We hope to have many more such interesting concepts from Nickelodeon to offer to viewers in the future.”

Nick India will offer this series in South Asian region. DQE on the other hand will possess rights of property for the rest of the world.

Taj TV India debuts cricket only version of its sports channel – Ten Cricket

August 10, 2010

Taj Television India, the broadcasting firm that operates sports channels Zee Sports and Ten Sports in India, has expanded its offering with debut of a cricket-only channel.

The sports broadcaster has begun with operations of Ten Cricket which would beam into the widely spread TV households of India as a dedicated 24/7 cricket channel. The channel would air a mix of live, recorded and feature programming, with customised content for Indian audiences and would also entail magazine shows and archival programming as its content mix.

Debuting in the month of August, Ten Cricket promises to bring an array of live cricketing entertainment in the next six months. The Sports channel has scheduled to air 8 Test Matches, 25 One day internationals & 5 Twenty20’s during the period. Alongside it will also telecast the India-South Africa series comprising of 3 Test Matches, 5 One Day Internationals and 1 T20.

“We understand that the sports consumption pattern of the Indian viewer raises the need for specialized differentiated sport channels & this is what we hope to deliver to our revered cricket viewers,” remarked Atul Pande, CEO, Sports Business, ZEEL.

The channel currently has broadcast rights of five cricket boards: Sri Lanka, South Africa, Pakistan, West Indies and Zimbabwe, which it intends to expand further.

Ten Cricket will compete with Star Cricket and Neo Cricket in Indian market which already operate as dedicated cricket-oriented TV channels.

News Corp to sell its STAR China’s TV business to China Media Capital

August 10, 2010

News Corp, the international media conglomerate spearheaded by Rupert Murdoch, is hiving off its STAR China’s TV business to China Media Capital (CMC). In an announcement News Corp mentions of signing an agreement with CMC wherein latter will acquire controlling stake in News Corporation’s Xing Kong, Xing Kong International, Channel [V] Mainland China along with its Fortune Star Chinese movie library.

CMC is China’s first private equity fund with a focus on investment in the media industry. The company was formed in 2009 and is backed by China’s second leading media firm Shanghai Media Group. The agreement with News Corporation represents CMC’s first investment project.

Xing Kong and Xing Kong International are general entertainment channels while Channel [V] Mainland Channel is a popular music brand among the youth audiences. The Fortune Star Chinese movie library has a total of 757 Chinese-language titles, a number of which have worldwide perpetual rights. The content reaches Chinese communities across the globe.

James Murdoch, Chairman and Chief Executive, Europe and Asia, News Corporation, said, “The agreement with CMC recognises the value we have created in Star China and enables us to continue to grow it for the future.”

The move is indicative of News Corp’s gradual movement out of China. During all these years the company has come across several complications in operating in the China’s tightly controlled media environment. In 2009 News Corp shifted its scaled down its operations in Hong Kong and shifted focus on operations in the Indian region. The move was seen to be in similar direction at that time.

Other terms of deal and financials were not disclosed.