News

Star China’s Mgt Team and China Media Capital to Acquire 21st Century Fox’s Entire Stake in Star China TV Joint Venture

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Shanghai, Hong Kong and New York, NY – January 2, 2014 – China Media Capital (CMC) and 21st Century Fox (21CF) today announced they have signed an agreement under which Star China’s management team together with CMC will acquire 21CF’s 47 percent stake in Star China TV. Formed in 2010 and majority owned by CMC, the joint venture operates three 24-hour Mandarin channels: Xing Kong, Xing Kong International, Channel [V] Mainland China and the Fortune Star Chinese movie library.

Ruigang Li, Chairman of CMC said, “The acquisition and control of Star China was the first investment by CMC when it was established. Over the past three years, the company has achieved outstanding performance thanks to the dedicated efforts of its shareholders and management. We are very grateful for the tremendous support and understanding from Mr. Rupert Murdoch, Mr. James Murdoch and the 21CF team. As our respective businesses continue to evolve, we look forward to more opportunities to work together going forward. This latest transaction marks a new era for Star China and we remain committed to building the company into one of the most respected entertainment companies in China.”

James Murdoch, Deputy Chief Operating Officer and Chairman and CEO, International, 21st Century Fox, said, “Under Mr. Li Ruigang’s leadership and with the talented local team headed by Mr. Tian Ming, Star China TV has made tremendous strides in growing the business, and we believe the Company is positioned to continue this momentum. Today’s divestment underscores our broader agenda of streamlining our affiliate ownership structures.”

About 21st Century Fox
21st Century Fox is the world’s premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching nearly 1.5 billion subscribers in more than 100 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, Fox Sports, Fox Sports Network, National Geographic Channels, MundoFox, STAR and 28 local television stations; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and Shine Group. The Company also provides premium content to millions of subscribers through its pay-television services in Europe and Asia, including Sky Deutschland, Sky Italia and its equity interests in BSkyB and Tata Sky. For more information about 21st Century Fox, please visit www.21CF.com.

About China Media Capital
CMC Capital is China’s first media and entertainment sector focused fund approved by National Development and Reform Commission(NDRC)in 2010 to dedicate to media and entertainment investments in China and internationally. Ruigang Li is the Chairman of CMC Capital. CMC Capital’s prominent founding partners include China Development Bank (CDB), one of China’s largest financial institutions. CMC Capital acquired the controlling stake in Star China, formerly News Corporation’s China assets, which include TV channels – Star (Xing Kong), Star (Xing Kong) International and Channel V (China) – as well as the largest contemporary Chinese language film library the Fortune Star. Canxing Production under Star China produced a series of successful shows including The Voice of China, China’s Got Talent, Dance With The Stars, which all achieved record high ratings. CMC Capital has set up the joint venture Oriental DreamWorks together with DreamWorks Animation. The JV is well positioned to be the country’s leading family entertainment brand with animation-centered businesses to encompass production and distribution of feature films and TV programming, consumer product licensing, games, live entertainment and location-based entertainment. CMC Capital has launched another joint venture TVB China together with TVB, a time-honored Chinese language TV content supplier, dedicated to build a media and entertainment group with content-based comprehensive business scope. CMC Capital also holds a stake in OCJ, the #1 TV shopping business in China reaching 30 million households.

– ENDS –

For further information, please contact:
21st Century Fox
Jannie Poon tel: +852 2621 8619 jpoon@21CF.com
Dan Berger tel: +1 310 369 1274 dberger@21CF.com

China Media Capital
Jiaming Wu tel: +86 21 5466 8282 jwu@cmccap.com

Inmarsat closes deal on Globe Wireless

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(3 Jan, 2014) Inmarsat (www.inmarsat.com), the leading provider of global mobile satellite communications services, today announced that it had completed regulatory and other approvals in relation to its US$45million purchase of Globe Wireless, the Florida-based leading provider of value-added maritime communications services to the shipping market. A latest press release from Inmarsat is enclosed here

Eutelsat Communications concludes acquisition of SATMEX

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Paris, 2 January 2014 – Eutelsat Communications (NYSE Euronext Paris: ETL) today announces closure of the transaction to acquire 100% of the share capital of Satélites Mexicanos, S.A. de C.V. (“Satmex”) having obtained all required government and regulatory approvals. As previously communicated, the transaction amounts to USD831 million.

The financing requirements in connection with the acquisition are covered following the issuance on 13 December 2013 of 6-year senior unsecured bonds for a total of €930 million which were secured at attractive terms.

Welcoming the completion of the transaction, Michel de Rosen, Eutelsat Chairman and CEO, said: “With the acquisition of Satmex, Eutelsat is significantly upscaling activity in the Americas to complement our strong presence in fast-growing markets. Satmex’s strategic orbital slots, which will be expanded in 2015 with two further high-performance satellites, bring Eutelsat a robust platform from which to access significant opportunities in this region. They will be further complemented by the EUTELSAT 65 West A satellite that we will launch in advance of the 2016 Olympic Games in Rio de Janeiro to serve video and broadband markets in Latin America. We are delighted to welcome the Satmex team to Eutelsat and to strengthen our response to commercial opportunities with a broader range of satellites and teleports, a wider footprint and an expanded wealth of talent in our Group.”

Patricio Northland, CEO of Satmex, added: “We are very pleased to become part of an operator whose experience and quest for excellence set the standards in our industry. Joining Eutelsat enhances our offering to our high-quality customers and strengthens our ability to capture new opportunities in one of the fastest-growing regions in the satellite sector. We at Satmex are honoured to combine our skills with those of Eutelsat and to pursue a trajectory of lasting and profitable growth as one team.”
Satmex will be consolidated in the accounts of Eutelsat Communications from 1 January 2014. The impact of the acquisition on the Group’s financial outlook will be communicated at the latest with first-half 2013-2014 results that will be announced on 14 February 2014.

Based in Mexico, Satmex operates three satellites at contiguous positions, 113° West (Satmex 6), 114.9° West (Satmex 5) and 116.8° West (Satmex 8) that cover 90% of the population of the Americas. The Satmex 7 and 9 satellites that are scheduled for launch in 2015 will more than double this total in-orbit capacity.

About Eutelsat Communications

Established in 1977, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world’s leading and most experienced operators of communications satellites. The company provides capacity on 34 satellites to clients that include broadcasters and broadcasting associations, pay-TV operators, video, data and Internet service providers, enterprises and government agencies. Eutelsat’s satellites provide ubiquitous coverage of Europe, the Middle East, Africa, Asia-Pacific and the Americas, enabling video, data, broadband and government communications to be established irrespective of a user’s location. Headquartered in Paris, with offices and teleports around the globe, Eutelsat represents a workforce of 1,000 men and women from 32 countries who are experts in their fields and work with clients to deliver the highest quality of service.

For more about Eutelsat please visit www.eutelsat.com

January 2014

CASBAA Monthly header

Philippines in View Forum

Philippines in View, CASBAA’s first event of 2014, will be held on Tuesday, January 21, 2014 at the Edsa Shangri-La in Manila with expert speakers offering their insights on this dynamic market. Regular rates available until January 14. More information/registerhere.

Philippines in View Report

A members’ only benefit, this exclusive report will detail the overall Philippines TV market, including pay TV and free to air, with information on technology, advertising and regulatory issues. Look for your copy available later this month.


CASBAA TV Upfronts: Jakarta

An exclusive, invitation-only event, this half-day-program will offer a unique opportunity for media buyers, client marketers and international pay-TV brands to unite under one roof on Thursday, January 23. Contact Jenny@casbaa.com for more info.


CASBAA Connections

Published in December, the latest issue of Connections is available todownload or to read online. If you didn’t receive your own copy of the magazine, you may request to have one mailed to you here (members only benefit).


Asian Pay TV Advertising Rules

A comprehensive resource surveying the advertising landscape across a variety of countries in the Asia Pacific, CASBAA’s Quick Reference Guide (available to members only) will help you navigate through the complex ad rules and regulations in the region. Check out the online version here.


CASBAA Q1 Mixer

CASBAA’s first members-only networking mixer of 2014 promises to be a festive evening of mystery, intrigue and fun. Come mingle with your fellow members and have a drink on us. Be on the lookout for your invitation – coming soon!


Membership Renewal Offer

Exclusive offer for members! Renew your CASBAA Membership by January 31st and you can purchase CASBAA Convention2014 passes at the special renewal rate of only $1,000 USD per delegate pass! For more details on this offer, please contacttammy@casbaa.com.


CASBAA India Forum – Save the Date

CASBAA’s annual spotlight on the dynamic India multichannel TV market will take place on Wednesday, March 5, 2014 at the Shangri-la, New Delhi. Stay tuned for more information!

Diary Dates

15 Jan 2014
CASBAA Satellite Industry Committee Meeting

21 Jan 2014
Manila
CASBAA Philippines in View

23 Jan 2014
Jakarta
CASBAA TV Upfronts

24 Jan 2014
CASBAA Board of Directors Meeting

5 Feb 2014
Hong Kong
CASBAA 2020 Meeting

7 Feb 2014
Hong Kong
CASBAA Regulatory and Antipiracy Committee Meeting

14 Feb 2014
CASBAA Advertising and Research Committee Meeting

20 Feb 2014
Hong Kong
CASBAA Council of Governors Meeting

20 Feb 2014
Hong Kong
CASBAA Mixer

5 Mar 2014
New Delhi
CASBAA India Forum

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Hammer falls on digital TV auction

(Dec 28, 2013) The two-day auctions for 24 digital TV channels ended yesterday with the national broadcasting regulator collecting 50.862 billion baht. Natee: Proceeds higher than expected Seven high-definition variety…

Read more at Bangkok Post

TV digitisation: Below expectations, eyeing the next phase

(Dec 25, 2013) One year into the implementation of digitisation, the cable and broadcast sector is still trying to iron out the creases and get systems in place. The delay in implementation of the various phases of digitisation has meant the promised jump in subscription revenues and average revenue per user (ARPU) has not materialised.

Read more at Business Standard

Türksat and Eutelsat to strengthen satellite resources and services for Turkey

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Eutelsat to deploy EUTELSAT 33A satellite to 31 degrees East for Turksat to operate under its network filings

Ankara, Paris, 20 December 2013 – Türksat, the Turkish satellite operator, and Eutelsat Communications (NYSE Euronext Paris: ETL), one of the world’s leading satellite operators, today announced an agreement whereby Eutelsat will redeploy its EUTELSAT 33A satellite in May 2014 from 33° East to 31°East, where it will be operated by Türksat under its satellite network filings. Eutelsat will continue to provide services at 33° East using the EUTELSAT 33B satellite which was redeployed to this position last month.*

Türksat currently operates two satellites at the 42° East orbital location and will launch Turksat 4A in Q1-2014 to 42° East and Türksat 4B in Q2-2014 to 50° East.

Following the signature between both companies, signed in Paris at Eutelsat’s headquarters, Eutelsat Chairman and CEO, Michel de Rosen, said: “We are delighted to take our relationship with Turksat to a higher level with this new arrangement at 31° East. We share a common objective to leverage our strengths and experience for the benefit of our customers and to deliver satellite resources and service solutions that support the expansion of a vibrant digital economy for Turkey.”

Ozkan Dalbay, Türksat CEO, said: “Turksat collaborates with Eutelsat on satellite broadband services for Turkey so that users anywhere can benefit from a quality Internet experience. Today’s agreement, signed in a spirit of collaboration, is a significant marker that further strengthens the ties between Turksat and Eutelsat.”

* Formerly the EUTELSAT 25C satellite operated at 25.5° East.

About Turksat A.S
Turksat A.S. is the only satellite operator company in Turkey. Turksat manages and operates its satellites and provides all types of satellite communications through Turksat and other satellites. With its high-tech infrastructure and experienced staff, Turksat is one of the world’s leading operators in the satellite communication business. Through innovative projects to meet the communication demands of the communities in the East hemisphere, Turksat provides services not only for Turkey, but also for the people all over the world. www.turksat.com.tr

Press contact: info@turksat.com.tr
Tel +90 312 615 3000
Fax: +90 312 499 5115

About Eutelsat Communications
With capacity commercialised on 31 satellites delivering reach of Europe, the Middle East, Africa, Asia, significant parts of the Americas and the Asia-Pacific, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world’s leading satellite operators. As of 30 September 2013, Eutelsat’s satellites were broadcasting more than 4,700 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group’s satellites also provide a wide range of services for TV contribution, corporate networks and fixed and mobile broadband markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780 commercial, technical and operational professionals from 30 countries.
www.eutelsat.com

For further information

Press
Vanessa O’Connor Tel: + 33 1 53 98 37 91 voconnor@eutelsat.fr
Frédérique Gautier Tel: + 33 1 53 98 37 91 fgautier@eutelsat.fr
Marie-Sophie Ecuer Tel: + 33 1 53 98 37 91 mecuer@eutelsat.fr

Investors and analysts
Léonard Wapler Tel: +33 1 53 98 35 30 investors@eutelsat-communications.com
Cédric Pugni Tel: +33 1 53 98 35 30 investors@eutelsat-communications.com

Sky snaps Accedo for VOD service

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(Dec 20, 2013) German pay-TV broadcaster Sky Deutschland has picked a TV everywhere solution from Swedish TV applications provider Accedo for its new video-on-demand (VOD) service Snap.

Read more at Rapid TV News

20 December, 2013

News Views

Welcome to News Views, CASBAA’s news round-up culled from sources across the industry for the week ending Dec 20th. Curated by CASBAA, News Views keeps you in the loop. We always value your feedback, so tell us what you think!

Christopher Slaughter

Christopher Slaughter

CEO

According to global consultancy EY (the company formerly known as Ernst & Young), consumers will dictate the future of television. In a report entitled “The Future of Television”, six key trends are identified that EY says will shape the future of our industry. There are a lot of insights in the report along with phrases like “preference-optimised environment” and “synergistic experiences”… definitely a “long read.”
Jill Grinda

Jill Grinda

Executive Vice President

Today’s modern society has successfully proven age-old adages wrong – that one CAN be too rich and too thin and you really CAN have too much of a good thing. Or can you? Netflix released results of a study it funded which found that 61% of respondents said that they regularly binge watched shows (meaning two to three episodes of a single series in one sitting) and that 73% “have positive feelings towards binge streaming TV.”
John Medeiros

John Medeiros

Chief Policy Officer

OTT is Hard to Monetize in Vietnam, too. Vietnam’s “ITC News” provided an interesting survey of OTT apps being distributed by pay-TV players in that country. Have a look at this translation.
Sara Madera

Sara Madera

Director, Member Relations & Marketing

Twitter seems to have learned from its social media frenemy Facebook, from more strategic growth to IPO offerings. But will that mean that their movie will be better too? One thing’s for sure anyway – Hatching Twitter: A True Story of Money, Power, Friendship and Betrayal is already a juicier title!

Desmond Chung

Associate Director, PR & Communications

The buzz appears to be firmly back on Facebook now – at least when it comes to monetizing social media’s wide ranging appeal. Facebook’s auto-play video ads are attracting marketing niches already invested in online video—from entertainment (movies, particularly) to automotive to consumer-packaged goods to retail. But will tune-in TV marketers end up “liking” this platform as much? I guess we’ll have to tune-in to find out!
Philippines in View

Philippines in View

Join CASBAA for our first event of the new year and delve into the dynamic broadcasting market in the Philippines with industry experts from across the region representing networks, platforms, research, sales, associations and more! Register now to take advantage of regular rates until January 14, 2014. 15% of all proceeds will also be donated to Habitat for Humanity in the Philippines to aid rebuilding efforts following the devastation from typhoon Haiyan.
Some additional links you might be interested in:

Santa’s helpers are busy for the holidays and won’t be able to send your CASBAA newsletters for the next two weeks. But check your inbox in the New Year for the return of your weekly dose of CASBAA!