Japanese net TV Asahi, the only web not listed on the Tokyo Stock Exchange, will put its shares on the Tokyo bourse by the end of the year. The proceeds from the listing will be used to help finance a new digital broadcast center and a new HQ.
A TV Asahi spokesman said the timing of the listing has not been decided and the net has set up a special panel to study the subject.
The TSE listing comes as the network’s main competitors have watched their shares reach record highs on the Tokyo bourse.
Jorge Santoyo is combining his work as Mexico’s film commissioner with his new role as head of production at the state-funded Mexican Film Institute, Imcine.
Former thesp Santoyo believes that the two roles are complementary. “The commission facilitates production while Imcine is more about financial support for projects,” he told Daily Variety.
Various ARD member stations are calling for the German pubcaster to become an active licensing trader, according to a report in Saturday’s issue of the Sueddeutsche Zeitung.
Proposed is an annual investment of DM500 million ($263 million) to be spent on film and series rights, which would then be sold to other stations. This plan has caused concern that the best films would go to other stations leaving ARD itself with second-rate fare.
ARD’s 10 directors are set to meet at the end of the month to discuss the plan.
Nickelodeon Intl. has said that it will beam India-specific programming soon. The channel will continue with English-language programs and get them from Indian producers rather than take regional-lingo fare.
The channel has a viewership of 4.5 million households in India.