News

HK Cable shares Olympic fees

July 18 2012 – Hong Kong – A last-ditch agreement has been reached between i-Cable and the two free-TV stations over broadcasting the London Olympics.

With government mediation, i-Cable agreed to sell the rights to 200 hours of Olympics events, including the opening and closing ceremonies, for an undisclosed amount.

TVB and ATV will jointly produce programming around the games.

As for advertising, the three stations will draw advertisers separately and i-Cable’s ads will not be shown on TVB or ATV.

Read more: http://www.marketing-interactive.com/news/34180

Jupiter Telecommunications Announces June 2012 Subscriber Figures

jcom

July 17 2012 – Tokyo, Japan — Jupiter Telecommunications Co., Ltd. (J:COM, JASDAQ: 4817), the largest multiple system operator (MSO) in Japan based on the number of customers served, has announced that the total subscribing households*1 as of  June 30, 2012 served by J:COM’s 16 consolidated franchises*2 reached approximately 3.69 million, up 204,100 or 5.9% from June 30, 2011. Combined revenue generating units (RGUs) for cable television, high speed Internet access and telephony services reached 7.36 million, up 594,100 or 8.8% from June 30, 2011. The bundle ratio*3 increased to 2.00 as of June 30, 2012 from 1.94 as of June 30, 2011.

※ J:COM decided to deploy the new definition as the official figure since January 2012. The followings are the changes from the former definition. We continue to disclose the figure under the former definition as a referential figure.

1. In the light of the industry’s common practice to include the BS digital retransmission subscribers as cable television service subscribers, J:COM includes pay terrestrial digital and BS digital retransmission service subscribers into cable television subscribers.

2. For service subscriptions under Bulk Plan, the number of subscriptions to cable television and high speed Internet access services and the total subscribing households were calculated using multipliers based on discount rates from listing pricing applied to owners/management associations and residents, respectively. As below, the numbers of cable television, high speed Internet access service subscribers and total subscribing households under the new definition are counted based on the actual number of users.  (Telephony subscriber numbers are already counted based on the actual number of users).

 

Read more: http://www.jcom.co.jp/corporate_en/newsreleases/2012/_46731.html

True mulls Myanmar

Jul 16 2012 – True Corporation has announced plans to jump into Myanmar’s emerging cable television market this year with a possible investment of 1 billion baht.

Thailand’s leading telecommunications firm also outlined a planned drive into Vietnam to expand its telecom footprint when the Asean Economic Community (AEC) kicks off effect in 2015.

Chief executive Suphachai Chearavanont said True expects to finalise the joint-venture plan with the Myanmar government on the cable-TV project this year.

Read more: http://www.bangkokpost.com/business/economics/302595/true-mulls-entering-myanmar-cable-tv-market

Television on Tap – Zee’s OTT Platform in India

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Ditto is a high-cost gambit for Zee Entertainment, but it’s the only way to be future ready

 

Ditto’s Market

 

  • 873 million total mobile subscribers as of March 2012, higher than TV’s 539 million
  • 15 million the rate mobile subscribers are growing by every month
  • 300,000 number of tablets sold
  • 40 million users who access internet on mobile phones, out of over 121 million internet users in India

***

It’s 10 pm and Khushi Sengupta’s just left work. The 28-year-old insurance marketing manager settles back in the cab and whips out her iPad. No, not more work — it’s time for her daily fix of soap opera and since Sengupta won’t reach home for another hour, she’ll just catch the current episode on her tablet. With the launch of Zee’s television distribution platform in March, it’s become easier for people like Sengupta — who are always on the go and can’t watch TV by appointment — to stay up to date with their choice of shows. All they need is to download the app on their smartphone, laptop or tablet — the content is delivered over the internet.

 

Read more: http://business.outlookindia.com/article.aspx?281586

DIVA Universal Shines in Primetime

nbcu

DIVA Universal Shines in Primetime
Hot Guys Who Cook & Downton Abbey Score High Ratings on Monday and Thursday Nights

Singapore, 16 July 2012 – Female entertainment channel DIVA Universal is proving to be the destination of choice for female viewers in Singapore. The recent premiere of Emmy award- winning Downton Abbey Season 2 was the #1 show among all general English entertainment channels in its timeslot (Thursday, 5 July 2012 at 9pm on StarHub) among Females 20-44. DIVA’s original production, Hot Guys Who Cook on Monday nights also secured high ratings versus other English general entertainment shows among Females 20-44 (Mondays at 9pm on StarHub).
Downton Abbey not only brought DIVA Universal to the leading spot among women 20-44 during its premiere broadcast, it increased DIVA’s viewership in Thursday primetime among both key male and female demographics. Downton Abbey’s premiere timeslot increased by 182% among women 20-44 and 34% among men 15+ versus the channel’s average ratings over the past 12 weeks.
DIVA Universal is also securing a strong female viewership in another primetime slot on Monday nights with Hot Guys Who Cook. The non-scripted series has been a popular fixture for females 20-44 in Singapore since its debut on 25 June 2012.
With their high entertainment values, both shows are succeeding in attracting the young female audience to stay on DIVA during primetime to satisfy their viewing pleasures.
Source: Kantar Media Research

– Ends –

About Universal Networks International
Universal Networks International, the international channels division of NBCUniversal, is one of the world’s premier entertainment portfolios, delivering quality content and compelling brands to over 176 territories across Europe, the Middle East, Africa, Latin America and Asia Pacific. The brands in the portfolio include Universal Channel, Syfy, 13th Street Universal, Studio Universal, E! Entertainment Television, The Style Network, DIVA Universal and Golf Channel. These unique brands deliver a full range of entertainment experiences to local audiences across the globe. Universal Networks International also operates Movies 24 and has a controlling interest in the KidsCo joint venture.
Universal Networks International is a division of NBCUniversal, one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake.

For more information, please contact:
Marlene Ee
Marlene.ee@nbcuni.com
(65) 6326 1872/ 9180 6170

Regina Yeo
+65 6325 8232
regina.yeo@sprg.com.sg

Clash of Asian tycoons in S’pore

15 Jul 2012 – A protracted legal tussle between two prominent Asian tycoons over US$300 million (S$380 million) will soon be played out again in a Singapore court – with all the makings of a giant battle.

Malaysian T. Ananda Krishnan and Indonesia’s Mr James Riady will be facing off in court in Singapore for the first time.

On July 23 and 24, Queen’s Counsel Toby Landau and David Joseph will face off as they argue the case for Mr Riady’s Jakarta-based First Media and Mr Krishnan’s satellite-television operator Astro All Asia Networks respectively.

Read more: http://www.singaporelawwatch.sg/slw/headlinesnews/11249-clash-of-asian-tycoons-in-spore.html?utm_source=rss%20subscription&utm_medium=rss

‘Must carry’ rules may cause copyright problems

July 16, 2012 – The operators of free TV channels could run into copyright-violation problems if upcoming “must carry” regulations are not followed cautiously, broadcasters and a media agency have told The Nation.

Last week, the National Broadcasting and Telecommunications Commission (NBTC) approved the draft of a regulation guaranteeing the basic right to access all free-to-air TV content in the Kingdom on any platform, without any conditions.

However, Wichit Aurareevorakul, executive adviser of the Thailand Cable TV Association, said that though cable TV operators would benefit from this, as they will be able to pass through or rebroadcast TV programmes from free-TV channels legally, it also might cause copyright problems for free-TV channels. And this factor will multiply along with the number of digital TV channels, expected to reach between 50 and 60 channels from only six channels now.

Read more: http://www.nationmultimedia.com/business/Must-carry-rules-may-cause-copyright-problems-TV-i-30186204.html

MTV WORLD STAGE LIVE IN MALAYSIA 2012

viacom123

SMASHES ATTENDENCE RECORDS AS
JUSTIN BIEBER, KARA, MIZZ NINA AND JAY PARK
TAKE MALAYSIA’S BIGGEST MUSIC EVENT TO NEW HEIGHTS
Beliebers, Jaywalkerz, Kamilias and Mizz Nina fans
Fill Surf Beach @ Sunway Lagoon for an Unforgettable Night of Live Music and Groundbreaking Social Media Interaction
MTV WORLD STAGE LIVE IN MALAYSIA 2012
Premieres on MTV SEA Saturday 28 July
Broadcast globally into over a half-billion homes on MTV World Stage later this year
BANDAR SUNWAY, MALAYSIA – 15 July 2012:  MTV World Stage Live In Malaysia 2012 at Surf Beach @ Sunway Lagoon smashed all attendance records as over 16,000 people flocked to see global superstar Justin Bieber, K-pop sensations Jay Park and Kara, and local singer-songwriter Mizz Nina perform live for fans, celebrities, dignitaries and VIPs in attendance.  Demand for passes to the free event was at its highest level ever as pop music took center state in a night of spectacular performances, breath-taking choreography and social media interaction that puts music fans center stage of the star-studded evening.
Attendance at MTV World Stage Live in Malaysia 2012 peaked over 16,000 with thousands of Beliebers, Jaywalkerz, Kamelias and Mizz Nina fans queuing up as early as 7:00am hoping to get a glimpse of their favorite stars or be among the first admitted into Sunway Lagoon.  In the days leading up to the event, thousands of fans were tweeting, posting and sharing photos via Instagram, sending #worldstagemy in to overdrive with fans clamoring to see their comments and pictures broadcast across the giant screens that flanked the stage.
As a countdown commenced to signify that the show was about to start, the decibel levels skyrocketed as worldwide superstar and #1 recording artist Justin Bieber opened the show by emerging from center stage and kicking off the night with his smash hit, “Baby.”  Being Bieber’s only Southeast Asian stop, the screams could be heard from Subang to Kuala Lumpur as he enthralled fans with performances of “All Around the World” and “As Long As You Love Me,” followed by acoustic performances of “Die in Your Arms,” “Be Alright” and “One Time.” The tempo picked back up with “Never Say Never” and the set closed with “Boyfriend,” the first hit single off of Believe, Bieber’s newly released full-length album that catapulted to #1 in 30 countries across the world in its first week of release including Malaysia, Singapore and the Philippines.
Park Gyu Ri, Han Seung Yeon, Goo Ha Ra, Nicole Jung and Kang Ji Young – better known as Korea’s mega girl-group, Kara — were next to take the stage, marking their first-ever live Malaysian appearance.  Their set kicked off with “Step” accompanied by ten dancers and set a high-energy tone that carried straight into performances of “Jumping,” “Lupin,” and “Honey,” and “Let It Go”.   Kara finished up their set with their history and dance craze making hit “Mister,” the single that put Kara in the record books as the first non-Japanese female group to break the Top 10 in Japan’s Oricon charts in over 29 years.
Malaysia’s own Mizz Nina was the next for MTV World Stage Live in Malaysia, opening her set with “Just Do It” and then going into “Takeover” and “Hit Me Up.”  After a quick wardrobe change, Mizz Nina commanded center stage with performances of “Rentak Yang Sama,” “With You” and “Summer Burning,” then finishing her debut on the World Stage with a call to music fans all over the world to sit up and take notice of Malaysia’s homegrown talent with “What You Waiting For?”
The finale of the night belonged to Jay Park, who kicked off his set with “AOM and 1llionaire.”  Showing fans why the U.S. born and bred Korean-American singer, songwriter and dancer consistently tops the charts, he kept the crowd captivated with “Abandoned” and a Korean version of “Know Your Name.”  Slowing things down, he then performed the ballad “Carefree,” followed by medleys of “Nothing” and “Girlfriend,” as well as “I Got Your Back” and “Star.”  Park’s female fans swooned to his sexy rendition of “Turn Off Your Phone” and “Do What We Do,” before picking the tempo up for a show-stopping dance number, and then bringing MTV World Stage Live in Malaysia to a close with a spectacular rendition of “Body2Body.”
Famous faces weren’t limited to the stage at MTV World Stage Live in Malaysia 2012.  Among the local celebrities, dignitaries and VIPs in attendance were Sona One, Linda Jasmine and Que Haidar, the Korean Ambassador to Malaysia His Excellency Mr. Yang Bong Ryull, the Canadian High Commissioner Randolph Mank, members of Malaysia’s royal families including Kelantan’s Yang Mulia Rania Aaliyah Petri Azahar, Crown Prince of Terengganu Yang Amat Mulia Tengku Muhammad Ismail, Yang Amat Mulia Tengku Muhammad Mua’az and Yang Amat Mulia Tengku Fatimatuz Zahra’.
Shot in High-Definition, MTV World Stage Live in Malaysia 2012 will be produced into a 2-hour TV show premiering on MTV SEA channel on Saturday 28 July 2012, 12:30pm (WIB), 1:30pm (SG/HK/PHIL) and 2:30pm (MAL). An hour-long version will also be broadcast later in the year via MTV’s global network of more than 60 channels in over 150 territories, reaching over 600 million households.
MTV World Stage Live in Malaysia 2012 is sponsored by Sunway Resort City, Lenovo, Xpax, Twisties and Hong Leong Bank, and supported by MyCeb of the Ministry of Tourism and broadcast partner Astro.
MTV World Stage Live in Malaysia 2012 will be held at the
Surf Beach @ Sunway Lagoon, Bandar Sunway, Malaysia on 14 July 2012.
The concert will be broadcast on MTV SEA on Saturday 28 July 2012, 12:30pm (WIB), 1:30pm (SG/HK/PHIL), 2:30pm (MAL).
END –
IMAGES ARE AVAILABLE FOR DOWNLOAD VIA BELOW FTP SITE.
Username: mtvworldstagecomms
Password: comms2012#
About MTV SEA
MTV is the world’s most prominent youth media brand. With a global reach of more than a half-billion households, MTV is the cultural home of the millennial generation, music fans and artists, and a pioneer in creating innovative programming for young people. MTV connects with its audience on multi-platform including television, online, mobile phones and social media, offering long-form shows, music and youth entertainment. Launched in 1994, MTV SEA channel reaches out to more than 235 million households in Asia and over 7million fans on the web. MTV SEA is part of Viacom International Media Networks (VIMN), a division of Viacom Inc. (NASDAQ: VIA, VIAB).
About Viacom International Media Networks
Viacom International Media Networks(VIMN), a unit of Viacom Inc. (NASDAQ: VIA, VIAB), is comprised of many of the world’s most popular multimedia entertainment brands, including MTV, Nickelodeon, Comedy Central, BET, Paramount Channel, VH1, VIVA, COLORS, Game One and Tr3s: MTV, Música y Más. Viacom brands are seen globally in more than 600 million households in more than 160 territories and 35 languages via more than 160 locally programmed and operated TV channels and more than 550 digital media and mobile TV properties.
About Universal Music Group
Universal Music Group is the world’s leading music company with wholly owned operations in 60 territories. Its businesses also include Universal Music Publishing Group, the industry’s leading global music publishing operation. Universal Music Group’s record labels include A&M/Octone, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, Fonovisa, Geffen Records, Interscope Records, Island Records, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Universal Music Latino, Universal Republic and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalogue of music in the industry, which includes the last 100 years of the world’s most popular artists and their recordings. UMG’s catalogue is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes Global Digital Business, its new media and technologies division and Bravado, its merchandising company. Universal Music Group is a unit of Vivendi, a global media and communications company.
About Sunway Resort City
Sunway Group is one of Malaysia’s most widely recognized and diversified conglomerates with presence in 40 locations worldwide. The Group’s legendary RM10.6 Bil development which has garnered international recognition is the thriving 800-acre Sunway Resort City (SRC) in Bandar Sunway, an engineering tour de force located just 20 minutes outside the nation’s capital of Kuala Lumpur. The township stands as an icon for human endeavour, innovation and forwardness, as it was literally resurrected from a derelict mining land. Its fully-integrated facilities epitomize the Group’s trademark “Resort Living Within A City” concept and stands today as one of the region’s most preferred tourist destinations. With over 7 million sq ft of world-class facilities, the Sunway Resort City attracts 36 million visitations annually. The City comprises more than 7,000 residential, commercial and light industrial units. It is an ideal place to live, work, study, play and shop and stands as the only Integrated Resort City in Malaysia with 7 key components; residential, hospitality, retail, leisure, healthcare, education, and commercial. Sunway Lagoon; Sunway Resort Hotel and Spa; and Sunway Pyramid are SRC’s leisure, hospitality and entertainment components.
About Lenovo
Lenovo (HKSE: 992) (ADR:LNVGY) is a $US21 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.
About Xpax
Xpax is CelcomAxiataBerhad’s main prepaid brand, represents more than halfof Celcom’s total of 9.2 million prepaid subscribers. Xpax is a brand that personifies every minutes of one’s time, offering the best value and unbeatable call rate from as low as 28sen for every 10 minutes. In addition, Xpax is also about empowering the young at heart in experiencing the extraordinary and amazing once in a lifetime feeling.Got X. www.xpax.com.my.
About Kraft Foods
Kraft Foods Inc. (NASDAQ: KFT) is a global snacks powerhouse with an unrivaled portfolio of brands people love. Proudly marketing delicious biscuits, confectionery, beverages, cheese, grocery products and convenient meals in approximately 170 countries, Kraft Foods had 2011 revenue of $54.4 billion.  Twelve of the company’s iconic brands – Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Tang and Trident – generate revenue of more than $1 billion annually.  On Aug. 4, 2011, Kraft Foods announced plans to divide and create two independent public companies: a high-growth global snacks business and a high-margin North American grocery business.  The transaction is expected to be completed before the end of 2012.  A leader in innovation, marketing, health & wellness and sustainability, Kraft Foods is a member of the Dow Jones Industrial Average, Standard & Poor’s 500, Dow Jones Sustainability Index and Ethibel Sustainability Index.  In Malaysia, Kraft Foods brands include Twisties, Oreo, Cadbury, Jacob’s, Tiger, Chipsmore, Toblerone, Chipster, Dentyne, Clorets and other Kraft products. Visit www.kraftfoods.com.my  and facebook.com/kraftfoodscorporate.
About Hong Leong Bank Berhad
Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive services in personal financial services, business banking and trade finance, treasury, branch and transaction banking, wealth management, investment banking, private banking and Islamic financial services. It has recently acquired EON Bank Group and the merger sees the creation of a core domestic franchise with an expanded distribution network of 330 branches for customers across the country.
With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and a wholly owned subsidiary in Vietnam. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture.
Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group.  Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services.
For more information, please log on to www.hlb.com.my, contact your nearest branch manager, or call us at 1-800-38-8888.
About the Malaysia Convention & Exhibition Bureau (MyCEB)
MyCEB was established in 2009 by Ministry of Tourism, Malaysia to further strengthen Malaysia’s business tourism brand and position for the international business events market. A non-profit organisation, MyCEB serves as a central hub to assist meeting and event planners to bid for and stage international business events in Malaysia and act as a conduit for national product development. MyCEB’s goal is to improve its rankings as an international meetings destination within ICCA and to grow business tourism arrivals to Malaysia.
As a measure to further develop the international events industry, MyCEB has launched a specialist unit known as the International Events Unit (IEU) which focuses on identifying and supporting international event bids including sports, art and culture and lifestyle events. The IEU’s goal is to identify and assist homegrown events with the potential to attract international publicity and international attendances.
For more information, please visit www.myceb.com.my
For further details or enquiries, please contact:
Paul Anand
Compass Communications Sdn. Bhd.
Tel: +603-2287 6106   Fax: +603-2287 1098   E-mail: paul@compass-communications.com.my
Dawn Lum
MTV Asia / Viacom International Media Networks
Tel:  +65 6420 7327   f:  +65 6221 9795   m: +65 9855 5880   E-mail: dawn.lum@vimn.com

Meeting market expectations – New CASBAA members Q2 2012

Brightcove, Elemental Technologies, Inmarsat, Kantar Media Audiences,
Olswang, Viettel Television Center and SMIT

Hong Kong, 13 July 2012 – Spanning continents and market sectors, the latest additions to the CASBAA membership reflect the geographic and market diversity inherent to multichannel TV with Patron Member SMIT of China joining the CASBAA Council of Governors along with new Corporate Members Brightcove, Elemental Technologies, Inmarsat, Kantar Media Audiences, Olswang Asia and Viettel Television Center added to the roster Q2 2012.

“CASBAA and its members truly represent the way ahead for multichannel TV not only in Asia but, increasingly, around the world and address the entire value chain for our industry,” said Simon Twiston Davies, CEO, CASBAA.

China-based SMIT (Shenzhen State Micro Technology) provides software and devices to secure digital content delivery for the pay TV industry while enabling delivery of premium content to digital TVs without the need for set-top-boxes.

Brightcove is a global provider of cloud content services focused on publishing and the distribution of professional digital media across PCs, smartphones, tablets and connected TVs.

Elemental Technologies, meanwhile, is a provider of video processing solutions for content delivery to TVs, PCs, tablets and mobile devices.

Satellite operator Inmarsat delivers mobile voice, data and IP communications solutions through a combination of global coverage and technological innovation.

Audience measurement specialist Kantar Media Audiences provides viewing data via set-top boxes to enhance consumer marketing, advertising sales, channel negotiations, scheduling decisions and new product evaluation.

With a focus on its technology, media and telecoms practice, Singapore-based Olswang Asia is a full service law firm providing corporate, commercial, IP and dispute resolution advice.

Finally, Viettel Television Center is a division of one of Vietnam’s fastest growing telecom companies, operating television services including IPTV and cable TV, as well as seeking to expand in Asia, Latin America and Africa.

Added Twiston Davies: “As technology and value-added service provision move the multichannel TV and communications industries to identify new areas of growth, platforms, content providers, content distributors and technology enablers of all stripes see the value of working with their peers and governments to meet the latest consumer expectations.”

For a complete list of CASBAA members and information on membership benefits, please visit http://www.casbaa.com/about-casbaa/members.

# # #

About CASBAA – www.casbaa.com

Established in 1991, CASBAA is the Association for digital multichannel TV, content, platforms, advertising and video delivery across Asia. Spanning 18 geographic markets, CASBAA and its Members reach over 420 million connections through a footprint ranging from China to Australasia, Japan to Pakistan. The CASBAA mission is to promote the growth of multichannel TV and video content through industry information, networking exchanges and events while promoting global best practices. To view the full list of CASBAA members please visit here.

For enquiries, please contact:

Desmond Chung, PR & Communications Manager, CASBAA
Tel: +852 3929-1712
Email: desmond@casbaa.com

Adela Chen, Director, Marketing & Communications, CASBAA
Tel: +852 3929-1711
Email: adela@casbaa.com

IPTV challenge for Foxtel

July 11, 2012 – In 1999, when the Australian pay TV industry was less than four years old, Foxtel chief executive Tom Mockridge made a prediction: a big, bold and – as it turned out – wildly incorrect prediction. Within 10 years, he said, pay TV would be installed in three quarters of Australian homes.

Yet by 2009 only 29 per cent of Australian homes had pay TV. Today, according to stockbroking firm CCZ Statton Equities, it’s currently at 28 per cent – one of the lowest rates in the developed world.

Mockbridge’s over-optimism hasn’t stopped Richard Freudenstein, who replaced Kim Williams as chief executive last year, from publicising his own lofty goals for the industry. In March, he announced an ambition to lift the take-up of pay TV to 50 per cent (though he didn’t apply a deadline to the target).

None of the media analysts contacted by Crikey for this story believe this will happen – ever. They say despite News Limited’s bid to lift its stake in Foxtel from 25 to 50 per cent, the take-up of traditional pay TV has already peaked – and will soon start to decline.

“There is no indication whatsoever that pay TV in its current form will grow to 50 per cent,” said veteran telecommunications consultant Paul Budde. “No way.”

Read more: http://www.businessspectator.com.au/bs.nsf/Article/Foxtel-pay-TV-News-Ltd-BSkyB-Netflix-Telstra-T-Box-pd20120711-W42ZJ