×

A+E Ends Asia JV with Malaysia’s Astro

US channel distributor takes full control in Asia

HONG KONG — A+E Networks has unwound its Asian channel distribution partnership with Malaysia’s Astro and will instead run the business as a stand-alone company.

Currently known as AETN All Asia Networks, the company will be renamed A+E Networks Asia and will continue to be run from Singapore by Alan Hodges, managing director, Asia-Pacific for A+E Networks.

The company was a joint venture, launched in 2007, with Malaysian pay-TV to newspapers group Astro All Asia Networks and its billionaire boss Ananda Krishnan. Since that time Astro’s Malaysian pay-TV business was taken private, separated and then refloated in October last year as Astro Malaysia.

A+E announced that it had concluded a transaction with Astro Overseas Limited, a privately-owned Krishnan holding company that also controls Celestial Pictures, the Hong Kong-based content group built around the Shaw film library.

Neither company would confirm the value of the deal, nor why they were unwinding a six year old partnership. The likely explanation is that A+E’s Asian business is now of a scale that is significant enough to operate independently of the Krishnan group. Astro Malaysia will continue to carry A+E Networks channels in Malaysia and Brunei.

A+E Networks Asia is led by iconic brands A+E and History. Last month it held one of the biggest channel launches in the region debuting Lifetime and H2 on five different platforms. Lifetime takes it into general entertainment and younger, female-skewing audiences for the first time in Asia.

The operation also reps the Crime & Investigation Network and bio.

The Singapore unit operates in South East Asia (Singapore, Malaysia, Brunei, Hong Kong, Taiwan, Cambodia, Indonesia, the Philippines, Macau, Papua New Guinea, Myanmar, Laos, Vietnam, Palau and Thailand.)  It also manages the broadcast of History HD in South Korea.

More Biz

  • Cineworld

    U.K.'s Cineworld Poised to Buy Canada's Cineplex in $2.1 Billion Deal

    U.K.-based Cineworld is to acquire Cineplex, Canada’s leading cinema chain, in a deal that values the Toronto-listed company at $2.1 billion (C$2.8 billion) and puts Cineworld in position to become North America’s biggest exhibitor. Cineworld said Monday that it had secured unanimous approval from its board of directors for the acquisition, and that its leading [...]

  • Harvey Weinstein arrives in court, in

    Harvey Weinstein Gives Bizarre Interview From Hospital Ahead of Rape Trial

    Harvey Weinstein has given an interview weeks ahead of his rape trial in a desperate effort to convince onlookers that the apparent medical condition that caused him to undergo back surgery and use a walker are authentic and insist that he has done more for women professionally than he is being given credit for. In [...]

  • US Capitol

    The Sneaky Long Game of ALI’s Restatement of Copyright (Guest Column)

    Last week, Senator Thom Tillis and four other members of Congress sent a letter to an organization you may never have heard of, the American Law Institute (ALI).  The letter questions the ALI’s ongoing project to publish a competing version of the Copyright Act – or, as the ALI calls it, a “Restatement” of copyright [...]

  • Tom Petty’s Daughters, Widow Settle Legal

    Tom Petty’s Daughters, Widow Settle Legal Battle Over Estate

    Tom Petty’s widow and daughters from a previous marriage have settled their bitter legal battle, according to a report in Rolling Stone. Earlier this year, Adria Petty and Annakim Violette, the late singer’s daughters with his former wife Jane, sued his second wife, Dana York, for $5 million, alleging that she had deprived them of [...]

  • Tropical rainforest on the banks of

    Warner Music Aims to Plant 100,000 Trees in the Amazon as Holiday Gift to Staff

    In a move that inspired and environmentally conscious companies will hopefully emulate, as a holiday gift to its employees, Warner Music Group is partnering with the One Tree Planted organization to plant trees in the fire-ravaged Amazon forest. The company is planting 10 trees in the Amazon for each employee — a total of 48,210 [...]

  • Republic Records Names Chris Blackwell Senior

    Republic Records Names Chris Blackwell Senior VP of Creative Content

    Republic Records has named Chris Blackwell senior vice president of creative content & development, it was announced today by co-founders Monte and Avery Lipman and general manager Jim Roppo. According to the announcement, Blackwell will lead creative development for film, television and premium platform projects set to feature and showcase Republic Records artists. His responsibilities include establishing partnerships to create, develop, [...]

  • China Spying Technology Tik Tok Placeholder

    TikTok Gains Global Momentum -- but Also Raises Sticky Privacy Questions

    Bay Area rapper Saweetie didn’t intend for “My Type” to come out as a single. But when a clip of the bouncy anthem about desirable (and slightly vulgar) attributes in a partner started to take off on TikTok as part of a social media challenge, it became clear the song would be her defining hit. The [...]

More From Our Brands

Access exclusive content