Blog

  • Fox garners billion dollars in overseas film revenues

    Fox garners billion dollars in overseas film revenues

    MUMBAI: It pays to make sequels in Hollywood. Fox has become the first studio this year to cross the billion dollar mark in film revenue earned outside the US.

    Two sequels Ice Age 2 and X Men 3 helped achieve this result.A report in Hollywood Reporter states that Ice Age 2 has made $441 million. This is more than double the $192 million made in the US.

    X Men 3 made $160.1 million, the Oscar winner Walk the Line made $64.8 million. Even the critically lambasted The Pink Panther made a decent $64.3 million. In the pipeline for the studio are potential box office hits including a Garfield sequel and a Meryl Streep film The Devil Wears Prada.

    It is the second year in a row that Fox has been the first studio to hit the billion dollar mark abroad. Last year, the Star Wars movie helped it cross the mark. Meanwhile, Sony Pictures has made over $800 million, mainly due the critically panned The Da Vinci Code.

  • Warner, AOL prepare for the return of Superman on In2TV

    MUMBAI: In order to create excitement around its upcoming movie, Superman Returns, Warner Bros. and US internet service provider AOL have launched a special Superman Channel on the entertainment site In2TV www.aol.com/in2tv to celebrate the Man of Steel.


    In2TV claims to be the largest offering of popular television series available online for free and the destination for watching full TV episodes. The Superman Channel is available now through the end of next month.


    In2TV‘s Superman Channel will also feature the new A&E documentary Look, Up In the Sky! The Amazing Story of Superman directed by Bryan Singer, in its online and on-demand debut. The documentary, narrated by Superman Returns star Kevin Spacey, features behind-the-scenes clips of Superman Returns, Superman fans Jerry Seinfeld, Gene Simmons and Mark Hamill, comic book legend Stan Lee and more.


    The Superman Channel will also have the TV series The Adventures of Superman. The series starred George Reeves is back. Fans can reconnect with the original live action version of America‘s favourite superhero in his never-ending battle for truth, justice and the American way.


    Lois and Clark: The New Adventures of Superman — The sci-fi television series had romantically united the duo while exploring the odd love relationship that develops between a modern career woman who falls head-over-heals for Superman while not realizing that he is also her best friend, Clark Kent. It stars Teri Hatcher who is now back in the limelight thanks to Desperate Housewives and Dean Cain. Fans can see how the couple works out their differences.


    The channel will also have Superboy which premiered on American television in 1988. In this, fans join Clark during his college-years at Shuster University. The mild-mannered journalism student battles his arch-nemesis, Lex Luther, while trying to sweep Lana Lang off her feet. The Superboy series introduces “Superman” arch-villains Metallo and Bizzaro.

  • BBC Worldwide signs IP VOD deal in Korea

    BBC Worldwide signs IP VOD deal in Korea

    MUMBAI: BBC Worldwide, which is UK pubcaster the BBC’s commercial consumer arm, has signed an agreement with South Korea’s largest telephone landline and broadband service providers, Hanarotelecom to supply Internet Protocol Video on Demand (IP Vod) content for its new TV portal platform, Hanaromedia.

    Launching next month, the new service will allow Hanarotelecom’s pre-existing 3.6 million broadband subscribers to purchase over 120 hours of BBC children’s, drama, natural history and lifestyle programming, including titles such as Fimbles, Pride and Prejudice and Tom Jones.

    For between $1-2 per month, subscribers can view their chosen BBC programme as often as they like within a 72-hour rental period. In order for video on demand and Internet traffic to be carried to a living room TV, all that’s needed is a DSL modem, a Hanarotelecom tariff and an Internet Protocol Set Top Box.

    BBC Worldwide senior TV sales manager, Asia, Linfield Ng said, “New media technology is one of our most exciting and important business areas right now. The strength of the BBC’s brand and the depth of its programme portfolio put BBC Worldwide in a really strong position when it comes to leveraging this new technology and sharing our catalogue innovatively with global audiences. I’m delighted that our agreement with Hanarotelecom serves to underline that further.”

    Hanarotelecom chief strategy officer Chonghoon Park says, “I am very pleased that Hanarotelecom is bringing BBC programmes to Korean audiences, allowing them to view these popular and high-quality titles at a time and in a fashion most convenient for them. We look forward to continuing to work with BBC Worldwide to deliver the best service and the best programming for our customers.”

    The announcement with Hanarotelecom follows a number of other agreements which BBC Worldwide has secured to provide content for video on demand services to such international VoD providers as T-Online in Germany, Versatel in Holland, Hot Vision in Israel, Ebismedia in Italy and Telefonica in Spain.

  • Hallmark Intl acquires a twisted show from Southern Star

    Hallmark Intl acquires a twisted show from Southern Star

    MUMBAI: Hallmark International has acquired from Southern Star International a 14 episode half hour series Two Twisted.

    Two Twisted is a follow up to Twisted Tales and is financed by the Film Finance Corporation Australia for the Nine Network Australia.

    Co-produced by Bryan Brown and New Town Films in association with the Australian Film Commission and the New South Wales Film and Television Office, it comprises mysteries, dramas, and thrillers – all with a twist.

    Southern Star International CEO Catherine Payne, says, “We are very pleased to be continuing our close relationship with Hallmark International Channels.” In the past, Hallmark has acquired McLeod’s Daughters from Southern Star.

    Southern Star is an integrated film and television production and distribution group. The company is involved in film, television and video production; sales and distribution, licensing and merchandising. Southern Star is a division of Southern Cross Broadcasting (Australia).

  • Corpus Inc. buys out Recreate Solutions for Rs 600 million

    Corpus Inc. buys out Recreate Solutions for Rs 600 million

    MUMBAI: US-based Corpus Inc. has acquired Recreate Solutions, a media and entertainment software outsourcing company floated by former Zee Telefilms employee Bhaskar Majumdar, for Rs 600 million.

    “It is a cash-and-stock deal. The acquisition price is around Rs 600 million,” says a source.

    The shareholders of Recreate Solutions will hold seven to eight per cent in Corpus, the source says. Insight Capital Partners, which had made two rounds of funding totalling $6 million, holds 75 per cent in Recreate Solutions while founder- promoter Majumdar has the balance 25 per cent.

    With the acquisition, Corpus will enjoy a footprint in Europe and India where Recreate Solutions has a wide range of clients. A provider of technology services to the telecom, banking and financial sector, Corpus will now be able to also offer to its big clients like Verizon solutions for IPTV and interactive TV.

    “The acquisition will help Corpus enter a new vertical. The company so far was doing backend work for telecom and financial companies. The acquisition will help them to offer front end skills like gaming, IPTV and ITV. The geographical areas are also complementary as they were strong in the US while we had a presence in Europe and India,” says Recreate Solutions CEO Majumdar.

    Corpus, which has several Fortune 100 clients and is eyeing a revenue of $100 million, will make the current facilities of Recreate Solutions as its main outsourcing hub, though it has a small base in Bangalore. With the acquisition of the Recreate Solutions’ team of 100, Corpus has now grown its worldwide team to 580.

    The acquisition will also help tap telecom operators in India who have IPTV and other convergence plans. Recreate Solutions was in talks with some of the operators but couldn’t make a breakthrough. “The interactive media industry is maturing across platforms. It is consolidating around companies that have viable cost structures and revenue streams that generate healthy margins. Outsourcing of non-core technology functions is a proven method to increase profitability. Recreate Solutions is focused on providing high quality outsourced solutions that add value to clients in our service segment: Digital Interactive Content. Under the Corpus banner we will now we able to take our solutions to Corpus’s Fortune 100 client base,” says Majumdar.

    Recreate Solutions has clients like Bell ExpressVu, Canada, Exit Games, YooMedia and CNBC in India. The company is also doing product development work for Espial, a company which specialises in browser solutions on the set top boxes

  • GSMA kicks off ‘3G for all’ program

    GSMA kicks off ‘3G for all’ program

    NEW DELHI: GSM Association (GSMA), a global trade association for mobile operators, has approved a “3G for all” program to bring 3G multimedia services and mobile internet access to many more people in both the developed and the developing worlds.

    Over the next few months, a group of operator members of the GSMA plan to establish a core set of common requirements for 3G handsets to create the economies of scale that will allow mobile phone suppliers to rapidly bring down the cost of manufacturing these high-tech devices.

    This was disclosed today here at a press conference, which was attended by officials of GSMA and its Indian chapter.

    “Our 3G handset initiative will allow far more people to take advantage of the video clips, mobile music, Internet access, and many other multimedia services now enjoyed by more affluent users in the developed world,” according to GSMA CEO Rob Conway.

    “Our Emerging Market Handset program is a compelling demonstration of how economies of scale can be brought to bear to accelerate falls in the cost of manufacturing mobile phones,” he added.

    Under the initiative, which builds on the success of the GSMA’s Emerging Market Handset program, mobile phone suppliers will compete to design a 3G handset that meets the operators’ common requirements.

    The GSMA will endorse the winning handset, which will be widely deployed by operators participating in the program.

    The GSMA’s Emerging Market Handset (EMH) program, which has hit its goal to reduce the wholesale price of entry-level handsets to less than $30, has catalysed the creation of a new segment of ultra-low cost phones. The availability of such low cost handsets has enabled many millions of people in over 56 countries to begin using telecommunications for the first time.

    Motorola, the winning vendor in the EMH program, is driving forward with its vision to connect the unconnected through this program and expects to ship more than 20 million EMH handsets by the end of 2006.

    The EMH program has helped bring the wholesale cost of GSM handsets in India down by more than 25 per cent since last year, fuelling the growing use of mobile communications in rural areas.

    Despite the fall in handset prices, the GSMA estimates that about a billion people worldwide won’t be able to afford their own handset for the foreseeable future. Through its Development Fund, the GSMA is looking at how to extend the many benefits of mobile communications to these people.

    The Development Fund is financing a series of pilot projects in Africa and Asia that enable local entrepreneurs to set up payphone businesses or ‘Internet cafes’ where people can access the Internet, email or other data services.

    In India, for example, the Development Fund has helped mobile operator Airtel launch a pilot project in the UP West region that equips local entrepreneurs with handsets specially-adapted to function as payphones.

    Other Indian mobile operators, such as Idea Cellular, are setting up similar pilot projects with the aid of the Development Fund. The GSMA is also examining how mobile networks can be used to give rural communities in India access to email and the Internet.

    MARAN WANTS 3G SPECTRUM TO BE PRICED

    Telecom Minister Dayanidhi Maran today favoured pricing of 3G mobile spectrum, the Press trust of India has reported.

    Maran who was speaking to reporters after the GSM Association’s meet, was quoted by PTI as saying, “Government has to make some money out of it (3G spectrum)… (and) make it very competitive and does not want people to sit over spectrum.”

    The minister, however, did not touch upon how 3G should be priced, leaving the matter to the sector regulator Trai. “Government will take a decision after TRAI comes out with its recommendations,” Maran said.

    GSM HITS TWO BILLION MILESTONE

    This weekend, the mobile phone industry will celebrate a historic milestone as it connects the second billionth GSM mobile phone user in the world, the GSMA announced.

    The GSMA said that new users are signing up at the rate of 1,000 per minute (just under 18 per second) to services that include both second generation GSM, as well as third generation 3GSM services – for which there are already more than 72 million users in the world.

    “This is the fastest growth of technology ever witnessed,” said GSMA chairman Craig Ehrlich.

    “While it took just 12 years for the industry to reach the first billion connections. The second billion has been achieved in just two and a half years boosted by the phenomenal take up of mobile in emerging markets such as China, India, Africa and Latin America, which accounted for 82 per cent of the second billion subscribers.”

    Mobile services based on GSM technology were first launched in Finland in 1991. Today, more than 690 mobile networks provide GSM services across 213 countries and GSM represents 82.4 per cent of all global mobile connections.

    “We are proud to be a part of this mobile revolution. India has played a vital role in this growth being one of the fastest growing mobile market in the world,” said Bharti Airtel CMD and a board member GSMA Sunil Bharti Mittal.

    China is the largest single GSM market in the world today, with more than 370 million users, followed by Russia with 145 million, India with around 80 million and the USA with 78 million users. In India, mobile has even become the fastest selling consumer product – pushing bicycles to the number two spot.

    GSMA INNOVATION AWARD FOR 3GSM

    The GSM Association today also announced a new mobile innovation competition for young, small and start up companies across Asia that are developing technologies, applications and content for the fast moving mobile space.

    Unveiled today following the GSMA’s board meeting in New Delhi, the Asian Mobile Innovation Awards will include two categories — for Most Innovative Mobile Application or Content and the Most Innovative Technology.

    “Asia is a hot bed of innovation for the mobile world, there is an astonishing array of talent dedicated to developing new ideas for the market. However, it’s a complex market with many players and small players with interesting or astonishing ideas have to fight hard to be heard,” said Conway.

    The competition, which is now open for entry, will culminate at Asia’s premiere mobile communications event, the 3GSM World Congress Asia 2006 (Singapore, 16-20 October), attended by leaders from region-wide mobile operators, manufacturers and leading players from across the mobile value chain.

  • GSMA kicks off ‘3G for all’ program

    NEW DELHI: GSM Association (GSMA), a global trade association for mobile operators, has approved a “3G for all” program to bring 3G multimedia services and mobile internet access to many more people in both the developed and the developing worlds.


    Over the next few months, a group of operator members of the GSMA plan to establish a core set of common requirements for 3G handsets to create the economies of scale that will allow mobile phone suppliers to rapidly bring down the cost of manufacturing these high-tech devices.


    This was disclosed today here at a press conference, which was attended by officials of GSMA and its Indian chapter.


    “Our 3G handset initiative will allow far more people to take advantage of the video clips, mobile music, Internet access, and many other multimedia services now enjoyed by more affluent users in the developed world,” according to GSMA CEO Rob Conway.


    “Our Emerging Market Handset program is a compelling demonstration of how economies of scale can be brought to bear to accelerate falls in the cost of manufacturing mobile phones,” he added.


    Under the initiative, which builds on the success of the GSMA‘s Emerging Market Handset program, mobile phone suppliers will compete to design a 3G handset that meets the operators‘ common requirements.


    The GSMA will endorse the winning handset, which will be widely deployed by operators participating in the program.


    The GSMA‘s Emerging Market Handset (EMH) program, which has hit its goal to reduce the wholesale price of entry-level handsets to less than $30, has catalysed the creation of a new segment of ultra-low cost phones. The availability of such low cost handsets has enabled many millions of people in over 56 countries to begin using telecommunications for the first time.


    Motorola, the winning vendor in the EMH program, is driving forward with its vision to connect the unconnected through this program and expects to ship more than 20 million EMH handsets by the end of 2006.


    The EMH program has helped bring the wholesale cost of GSM handsets in India down by more than 25 per cent since last year, fuelling the growing use of mobile communications in rural areas.


    Despite the fall in handset prices, the GSMA estimates that about a billion people worldwide won‘t be able to afford their own handset for the foreseeable future. Through its Development Fund, the GSMA is looking at how to extend the many benefits of mobile communications to these people.


    The Development Fund is financing a series of pilot projects in Africa and Asia that enable local entrepreneurs to set up payphone businesses or ‘Internet cafes‘ where people can access the Internet, email or other data services.


    In India, for example, the Development Fund has helped mobile operator Airtel launch a pilot project in the UP West region that equips local entrepreneurs with handsets specially-adapted to function as payphones.


    Other Indian mobile operators, such as Idea Cellular, are setting up similar pilot projects with the aid of the Development Fund. The GSMA is also examining how mobile networks can be used to give rural communities in India access to email and the Internet.


    MARAN WANTS 3G SPECTRUM TO BE PRICED


    Telecom Minister Dayanidhi Maran today favoured pricing of 3G mobile spectrum, the Press trust of India has reported.


    Maran who was speaking to reporters after the GSM Association‘s meet, was quoted by PTI as saying, “Government has to make some money out of it (3G spectrum)… (and) make it very competitive and does not want people to sit over spectrum.”


    The minister, however, did not touch upon how 3G should be priced, leaving the matter to the sector regulator Trai. “Government will take a decision after TRAI comes out with its recommendations,” Maran said.


    GSM HITS TWO BILLION MILESTONE


    This weekend, the mobile phone industry will celebrate a historic milestone as it connects the second billionth GSM mobile phone user in the world, the GSMA announced.


    The GSMA said that new users are signing up at the rate of 1,000 per minute (just under 18 per second) to services that include both second generation GSM, as well as third generation 3GSM services – for which there are already more than 72 million users in the world.


    “This is the fastest growth of technology ever witnessed,” said GSMA chairman Craig Ehrlich.


    “While it took just 12 years for the industry to reach the first billion connections. The second billion has been achieved in just two and a half years boosted by the phenomenal take up of mobile in emerging markets such as China, India, Africa and Latin America, which accounted for 82 per cent of the second billion subscribers.”


    Mobile services based on GSM technology were first launched in Finland in 1991. Today, more than 690 mobile networks provide GSM services across 213 countries and GSM represents 82.4 per cent of all global mobile connections.


    “We are proud to be a part of this mobile revolution. India has played a vital role in this growth being one of the fastest growing mobile market in the world,” said Bharti Airtel CMD and a board member GSMA Sunil Bharti Mittal.


    China is the largest single GSM market in the world today, with more than 370 million users, followed by Russia with 145 million, India with around 80 million and the USA with 78 million users. In India, mobile has even become the fastest selling consumer product – pushing bicycles to the number two spot.


    GSMA INNOVATION AWARD FOR 3GSM


    The GSM Association today also announced a new mobile innovation competition for young, small and start up companies across Asia that are developing technologies, applications and content for the fast moving mobile space.


    Unveiled today following the GSMA‘s board meeting in New Delhi, the Asian Mobile Innovation Awards will include two categories — for Most Innovative Mobile Application or Content and the Most Innovative Technology.


    “Asia is a hot bed of innovation for the mobile world, there is an astonishing array of talent dedicated to developing new ideas for the market. However, it‘s a complex market with many players and small players with interesting or astonishing ideas have to fight hard to be heard,” said Conway.


    The competition, which is now open for entry, will culminate at Asia‘s premiere mobile communications event, the 3GSM World Congress Asia 2006 (Singapore, 16-20 October), attended by leaders from region-wide mobile operators, manufacturers and leading players from across the mobile value chain.

  • Corpus Inc. buys out Recreate Solutions for Rs 600 million

    MUMBAI: US-based Corpus Inc. has acquired Recreate Solutions, a media and entertainment software outsourcing company floated by former Zee Telefilms employee Bhaskar Majumdar, for Rs 600 million.


    “It is a cash-and-stock deal. The acquisition price is around Rs 600 million,” says a source.


    The shareholders of Recreate Solutions will hold seven to eight per cent in Corpus, the source says. Insight Capital Partners, which had made two rounds of funding totalling $6 million, holds 75 per cent in Recreate Solutions while founder- promoter Majumdar has the balance 25 per cent.


    With the acquisition, Corpus will enjoy a footprint in Europe and India where Recreate Solutions has a wide range of clients. A provider of technology services to the telecom, banking and financial sector, Corpus will now be able to also offer to its big clients like Verizon solutions for IPTV and interactive TV.


    “The acquisition will help Corpus enter a new vertical. The company so far was doing backend work for telecom and financial companies. The acquisition will help them to offer front end skills like gaming, IPTV and ITV. The geographical areas are also complementary as they were strong in the US while we had a presence in Europe and India,” says Recreate Solutions CEO Majumdar.


    Corpus, which has several Fortune 100 clients and is eyeing a revenue of $100 million, will make the current facilities of Recreate Solutions as its main outsourcing hub, though it has a small base in Bangalore. With the acquisition of the Recreate Solutions’ team of 100, Corpus has now grown its worldwide team to 580.


    The acquisition will also help tap telecom operators in India who have IPTV and other convergence plans. Recreate Solutions was in talks with some of the operators but couldn‘t make a breakthrough. “The interactive media industry is maturing across platforms. It is consolidating around companies that have viable cost structures and revenue streams that generate healthy margins.


    Outsourcing of non-core technology functions is a proven method to increase profitability. Recreate Solutions is focused on providing high quality outsourced solutions that add value to clients in our service segment: Digital Interactive Content. Under the Corpus banner we will now we able to take our solutions to Corpus’s Fortune 100 client base,” says Majumdar.


    Recreate Solutions has clients like Bell ExpressVu, Canada, Exit Games, YooMedia and CNBC in India. The company is also doing product development work for Espial, a company which specialises in browser solutions on the set top boxes.

  • ‘CNN Future Summit’ global initiative launches 15 June

    ‘CNN Future Summit’ global initiative launches 15 June

    MUMBAI: Starting 15 June, CNN will showcase CNN Future Summit: Of Man and Machine. The international news channel unveiled this interactive two-year programming initiative, CNN Future Summit is designed to stimulate debate on technological advances that will shape tomorrow’s world.

    In a global initiative, CNN has compiled a think tank of the world’s leading futurologists, which, combined with an extensive multi-media open forum on CNN.com, will explore the potential impact of scientific innovation.

    In an official statement issued today, the first of four one-hour roundtable discussions, hosted by Michael Holmes from Singapore. For this, the panelist lined-up includes Alan Colman, CEO and chief scientific officer of ESI in Singapore (widely known for his work on cloning Dolly the Sheep in 1997), Joanne Pranksy billed as the world’s first robotic psychiatrist, University of Lausanne cultural and social anthropologist Daniela Cerqui, University of California synthetic biology department founding director Jay Keasling and Humanoid Robot Research Center, Korea’s Humanoid Robot Research Center Jun-Ho-Oh.

    CNN International senior VP Rena Golden says, “The world class caliber of our panelists for this first discussion is testament to the esteem in which CNN Future Summit is already held by both the scientific community and the general public. We are delighted that such an illustrious group has been chosen by the nominating committee to lead our global discussion and help form a vision of our future.”

  • Vijay TV associates with Sify for ‘Kallka Povadhu Yaaru II’

    Vijay TV associates with Sify for ‘Kallka Povadhu Yaaru II’

    MUMBAI: Hutch Kalakka povadhu Yaaru is coming back on Vijay TV with its second avatar. For the latest initiative, Vijay TV has tied up with Sify iway for on-ground auditions. About 450 sify iway outlets across Tamilnadu and Bangalore will be used for the auditions.

    According to an official release, it is the first time ever that an audition for a talent hunt show is done through enhanced technology like webcams and broadband internet service. Auditions will be held from 14 June – 27 June 2006.

    The judges for this show, which is scheduled for a 21 July launch, are popular comedians Chinni Jayanth, Madan Bob and Uma Riaz.

    States Vijay TV GM Ravinath Menon, “KPY-2 auditions in tie up with Sify is a clear message for everyone to move with the times and to enjoy the comforts of technical advances. By making more than 450 Sify centers as the audition venues, we bypassed the hassles and discomforts of thousand of people gathering in limited venues and waiting for hours to get their auditions done. This also helps to accommodate huge volume of talent we except on a show like KPY.”