The venerable Shaw Brothers studio has agreed to sell its film library for HK$600 million ($77 million) to a Malaysian company that aims to become a major Asian media player.
Pacific Convergence Corp. (PCC) has struck a multimillion-dollar partnership with Trans World Intl. (TWI), the programming arm of Mark McCormack's Intl. Management Group.
Jim Blomfield has been tapped chief executive of News Corp.'s Foxtel, the leading Australian feevee service. Blomfield was director of technology and broadcasting at Foxtel before taking the same…
Despite a last-minute $1 billion move by Rupert Murdoch, Star TV founder Richard Li on Tuesday clinched a deal to buy Cable & Wireless HKT in one of Asia's biggest takeovers.
Billionaire Richard Li, the founder of Asian satcaster Star TV, has started a bidding war for control of Cable & Wireless HKT, Hong Kong's dominant telephone and Internet provider.
Measat Broadcast Network Systems (MBNS) of Malaysia has agreed to buy a nearly 45% stake in Hong Kong-based Galaxy Satellite Broadcasting, a unit of Television Broadcasts (TVB).
Last month's trade deal between the World Trade Organization and China has put the spotlight on China's nearly 1 billion -- and growing -- TV viewers.
The Motion Picture Assn.'s antipiracy advocate in Asia admitted that the industry botched the battle against illegal VCDs but intends to learn from its mistakes with the newer technologies, such as…