Tag: beIN

  • ViacomCBS buys 49% of Miramax

    ViacomCBS buys 49% of Miramax

    MUMBAI: ViacomCBS will acquire a 49 per cent stake in Miramax, the Los Angeles-headquartered entertainment company which has been into production and distribution of films and TV shows. beIN Media Group-owned Miramax Films is a renowned global studio with some of the iconic films in its kitty, which include No Country for Old Men, Pulp Fiction, Good Will Hunting, and Kill Bill.

    Under the deal, ViacomCBS will make a cash payment of around $150 million. Also, it will invest $45 million per year over the next five years, totalling $225 million, as working capital for new film and TV productions.

    Both BeIN and ViacomCBS would seek more strategic partnership opportunities in content production and distribution. The deal gives the duo further opportunities for combined distribution of new and old library content.

    Miramax leadership will remain the same.

    ViacomCBS CEO Bob Bakish said: "This partnership with BeIN will be a unique opportunity to gain access to a valuable library, deepening our already substantial pool of IP at a time when demand for premium content is only accelerating. We look forward to working closely with the Miramax management team as we explore new ways to deliver its titles across a variety of platforms and create new, compelling projects."

    Said Nasser Al-Khelaifi, chairman of BeIN: "This represents a major investment in and endorsement of our thriving Miramax business, which has grown in value under BeIN Media Group’s ownership and has a fantastic future ahead with major new movies and unexploited premium dramas. We are thrilled to partner with ViacomCBS and Paramount to explore further opportunities around Miramax's iconic IP, and also at group level, while substantially increasing the scale of our entertainment business."

  • TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

    TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

    CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s documentary division, Nick Fraser; Africa XP and a Chinese digital TV distributor have activated Magine’s TV Superhighway in over 35 markets.

    Magine’s TV Superhighway aims to fully democratise content distribution, providing a global network of content providers and distributors, liberated from geographical limitations; enabling ambitious content owners to quickly access and monetise new markets and audiences anywhere in the world.

    The TV Superhighway empowers content creators, allowing them to utilise Magine’s cloud technology, distribution network, and industry expertise to choose which market to enter when and how. This new approach to content distribution opens up channels for broadcast producers, giving them the opportunity to tap into Magine’s technology and distribution network and decide where, when and which content is available in each market, with real time data analytics available throughout the process.

    Magine CEO Ambuj Goyal said, “Our recently announced partnerships with beIN and Yaddo mark significant proof points in Magine’s development of the ‘TV Superhighway’, and we’re looking forward to introducing our unique opportunity to new content partners with global ambitions.”

    Magine’s growth and innovation in global content distribution is hitting important milestones, accelerating beyond its German and Swedish origins and introducing the TV Superhighway to the Middle East, African and Chinese markets.

    The new partnership with beIN, a global sports and entertainment leader within the media industry, parent company of MIRAMAX, and broadcasting 75 channels across five continents – sees Magine’s platform enabling the access to the FIFA World Cup, the NFL, Formula 1, and the French, US, and Australian Opens in 16 countries.

    beIN director of digital Olivier Dufour comments: “Magine serves our premium content to hundreds of thousands of customers each day in 16 countries. They supported the launch of beIN’s digital on-demand services securely, delivering our premium content on a reliable and proven platform.”

    In addition to servicing established and multinational blue-chip companies like beIN, Magine will also provide an end-to-end service for new content providers. Magine’s recent partnership with Nick Fraser’s new documentary streaming service, Yaddo, will see some of the world’s most critically acclaimed documentaries streamed to over 160 territories this autumn.

    Yaddo founder and former head of documentaries at The BBC Nick Fraser notes that “Magine was the obvious choice as a distribution partner when we looked beyond technical capabilities. Their commitment to providing a TV Superhighway, at the service of great content, makes them the perfect partner to build a truly innovative global business model with.”

    Furthermore, a new agreement, announced in August with a Beijing-based digital TV system operator saw the start of a drive to build, launch and operate a cloud-based video streaming system for the Chinese market, which will see Magine’s TV Superhighway Stream Live TV to Over 100 Million Chinese Households. Mr Marten Liu, Chinese a digital TV executive said: “We are delighted to have Magine as our partner for this important development of our internet video streaming system and service offerings.”

    Magine recently entered into a partnership with Africa XP to extend their business beyond existing conventional broadcast platforms, additionally monetising their channels in partnership with dynamic, new and direct to consumer digital platforms.

    Africa XP CEO Craig Kelly had this to say: “Magine gives our channels global reach affordably and offers our operator partner’s instant OTT deployment of our channel bouquet in their markets – this expands our footprint and revenue generation potential exponentially”.

  • TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

    TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

    CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s documentary division, Nick Fraser; Africa XP and a Chinese digital TV distributor have activated Magine’s TV Superhighway in over 35 markets.

    Magine’s TV Superhighway aims to fully democratise content distribution, providing a global network of content providers and distributors, liberated from geographical limitations; enabling ambitious content owners to quickly access and monetise new markets and audiences anywhere in the world.

    The TV Superhighway empowers content creators, allowing them to utilise Magine’s cloud technology, distribution network, and industry expertise to choose which market to enter when and how. This new approach to content distribution opens up channels for broadcast producers, giving them the opportunity to tap into Magine’s technology and distribution network and decide where, when and which content is available in each market, with real time data analytics available throughout the process.

    Magine CEO Ambuj Goyal said, “Our recently announced partnerships with beIN and Yaddo mark significant proof points in Magine’s development of the ‘TV Superhighway’, and we’re looking forward to introducing our unique opportunity to new content partners with global ambitions.”

    Magine’s growth and innovation in global content distribution is hitting important milestones, accelerating beyond its German and Swedish origins and introducing the TV Superhighway to the Middle East, African and Chinese markets.

    The new partnership with beIN, a global sports and entertainment leader within the media industry, parent company of MIRAMAX, and broadcasting 75 channels across five continents – sees Magine’s platform enabling the access to the FIFA World Cup, the NFL, Formula 1, and the French, US, and Australian Opens in 16 countries.

    beIN director of digital Olivier Dufour comments: “Magine serves our premium content to hundreds of thousands of customers each day in 16 countries. They supported the launch of beIN’s digital on-demand services securely, delivering our premium content on a reliable and proven platform.”

    In addition to servicing established and multinational blue-chip companies like beIN, Magine will also provide an end-to-end service for new content providers. Magine’s recent partnership with Nick Fraser’s new documentary streaming service, Yaddo, will see some of the world’s most critically acclaimed documentaries streamed to over 160 territories this autumn.

    Yaddo founder and former head of documentaries at The BBC Nick Fraser notes that “Magine was the obvious choice as a distribution partner when we looked beyond technical capabilities. Their commitment to providing a TV Superhighway, at the service of great content, makes them the perfect partner to build a truly innovative global business model with.”

    Furthermore, a new agreement, announced in August with a Beijing-based digital TV system operator saw the start of a drive to build, launch and operate a cloud-based video streaming system for the Chinese market, which will see Magine’s TV Superhighway Stream Live TV to Over 100 Million Chinese Households. Mr Marten Liu, Chinese a digital TV executive said: “We are delighted to have Magine as our partner for this important development of our internet video streaming system and service offerings.”

    Magine recently entered into a partnership with Africa XP to extend their business beyond existing conventional broadcast platforms, additionally monetising their channels in partnership with dynamic, new and direct to consumer digital platforms.

    Africa XP CEO Craig Kelly had this to say: “Magine gives our channels global reach affordably and offers our operator partner’s instant OTT deployment of our channel bouquet in their markets – this expands our footprint and revenue generation potential exponentially”.