ITV

Tag: MTV Networks

  • Viacom acquires online game service for $102 million

    Viacom acquires online game service for $102 million

    MUMBAI: With a view to let Viacom and its MTV Networks unit connect online gamers, Viacom has acquired Xfire, a Silicon Valley company that makes free instant messenger software for computer game players.

    Owner of MTV Networks, Nickelodeon and the Paramount movie studios, Viacom said it will buy Xfire for $102 million in a bid to dominate the youth market on the Internet as it has on television.

    Social networking and online gaming sites are two of the hottest investment areas for top U.S. media companies as they try to hold on to younger consumers dividing their time between the Internet and traditional outlets like television.

    As part of MTV Networks, Xfire will be better able to maximize its advertising revenues through more aggressive marketing, greater global penetration and comprehensive integration with the company’s other digital and cable properties that address the gaming demographic.

    Launched two years ago in California, Xfire has 4 million registered members who use its software. Its 1 million active users average 91 hours per month, with an average session length of over three hours. The ad-supported application supports hundreds of the latest PC games and provides social networking, instant messaging and information for online gamers.

    Viacom’s chief executive Tom Freston said. “It’s a wonderful component of our overall digital strategy, particularly on the gaming front. Our key audiences are and probably will remain kids, teens, young adults–we want to be anywhere these audiences are. On both a strategic and an economic level, this is a terrific deal for Viacom. Xfire is far and away the leading PC gaming communications and community platform, has outstanding management, and is a perfect fit with our growing digital businesses at MTV Networks. It’s a bull’s eye against our young audiences.”

    Freston said Viacom continues to look at other Internet properties as potential acquisitions, mostly deals valued much less than $1 billion, and said further purchases were possible this year. At the same time, he said, Viacom is investing in building up entertainment channels it already owns into new formats for its audience.

    MTV last year acquired NeoPets.com, a site that allows users to invent and care for virtual pets. Rival News Corp. purchased social networking site MySpace.com as well as gaming company IGN Entertainment.

    Xfire’s services are advertising based and its features will be incorporated into MTV’s online properties. The company’s technology also allows users to share such entertainment as their favorite music videos, lending itself well to distribute video from MTV.

    Xfire has a distinct combination of tools, including:

    > Friend List for Gamers – Users can see when their gamer friends are online and what games they are playing.

    > One-Click Join – Users can see what games their friends are playing and use the one-click join feature to play alongside their friends instantly.

    > Xfire In-Game Messaging – Xfire users can send and receive instant messages while playing in many games without having to minimize or leave the game.

    > Stats Tracking – Through automatically updated player profiles, Xfire displays what games users are playing and how many hours they have played them.

    > File Downloads – Xfire’s file download system delivers demos, patches, trailers, and other files to users via a closed peer-to-peer distribution system.

    > Voice Chat – Allows gamers to talk to each other over a private peer-to-peer chat network.

    “Online gaming is an intensely social phenomenon, with millions of young adults around the globe interacting constantly. Xfire is the leading gamer community platform, and we look forward to integrating its services and user base into our multiplatform strategy at MTV Networks, which already includes assets like Neopets, GameTrailers, iFilm and more,” said MTV Networks CEO Judy McGrath.

    McGrath said MTV would seek to expand Xfire’s base regionally, particularly in countries with ardent gaming communities like Japan and Korea. MTV will also promote the community network, possibly with plugs on its television shows and Internet sites.

  • Todd Phillips is MTV Asia senior VP communications

    Todd Phillips is MTV Asia senior VP communications

    MUMBAI: MTV Asia has announced that Todd Phillips is its senior VP, communications.

    Phillips will provide leadership and direction to the corporate and regional Asia-Pacific communication teams, manage media relationship with trade and consumer media, support key MTV Networks International communications strategies and manage all internal and external company messaging. Mr. Phillips will be based in Singapore and report directly to MTV Asia Pacific president Nigel Robbins.

    Robbins says, “Todd has been a global pioneer for our brands and an integral part of MTV Networks’ development in Asia and Australia. His passion for our brands, keen knowledge of linear and digital media and experience throughout the region makes him the perfect choice to lead our communications efforts in this exciting time of growth.”

    Phillips has been part of the MTV Networks communications team since 1990. He served as Publicity Manager for MTV on STAR TV in Hong Kong, spearheaded communications efforts for the re-launch of MTV Asia and the launch of MTV Mandarin in Singapore in 1995, and managed public relations around the Australian launches of Nickelodeon, MTV and VH1.

    He served as VP of corporate communications for MTV in Los Angeles until 2001, working across all the brands and businesses under the MTV Networks umbrella including television networks, feature films, online and broadband properties, and consumer products.

  • Nickelodeon ups Crosby to SVP strategy and business development

    Nickelodeon ups Crosby to SVP strategy and business development

    MUMBAI: Nickelodeon has named Dominique Crosby as Nickelodeon and MTVN Kids & Family Group senior vice president strategy and business development. The announcement was made by executive vice president strategy and business operations Sarah Kirshbaum Levy, to whom Crosby will continue to report.

    “With her gift for strategic thinking and process organisation, Dominique has been a major contributor to the growth of our business. She’s a talented executive whose proven leadership will insure greater coordinated strategic thinking across lines of business and that all of our strategy and business development activities get value added input and oversight,” said Kirshbaum Levy.

    In her new role Crosby will oversee all strategy and business development at Nickelodeon and MTVN Kids and Family Group and will be responsible for identifying, analysing and recommending new business opportunities, as well as providing long-term strategic analysis and vision for existing lines of business.

    Crosby joined Nickelodeon’s business development team in 2001 as director strategy and business development and was named vice president in 2002. She has spearheaded the strategy work for Spike TV’s repositioning, Nickelodeon’s long range plan and Nick’s digital television networks’ positioning and expansion. She was also a key player in vital projects including Nickelodeon’s acquisition of the online site Neopets and MTV Networks’ foray into Video-on-Demand.

    Prior to joining Viacom, Ms. Crosby was an Associate in J.P. Morgan’s Venture Capital and Private Equity group focusing on the telecommunications, technology and media industries, and also worked in the mergers and acquisitions and debt capital markets departments.

  • Paramount Pictures to premiere ‘M:i:III’ trailer across MTV Networks

    Paramount Pictures to premiere ‘M:i:III’ trailer across MTV Networks

    MUMBAI: Paramount Pictures will premiere an exclusive look at this summer’s most highly anticipated action-thriller, Mission: Impossible III (M:i:III) as Tom Cruise introduces the new trailer across MTV Networks on 16 March.

    The trailer will air simultaneously on MTV, MTV2, VH1, CMT, BET and Spike TV on 16 March, one day before it runs in any movie theater. The exclusive material will also be available on the internet at mtv.com, mtv2.com, vh1.com, cmt.com, spiketv.com, and at iFilm.

    The film, starring Tom Cruise and directed by J.J. Abrams, the creator of Lost and Alias, opens in theaters in the US on 5 May 2006.

    Paramount Pictures president of worldwide motion picture marketing Gerry Rich said, “Tom and J.J. have come through with an amazing action movie and we think viewers across MTV networks will agree that M:i:III is the first must-see event film of the summer. When you’ve got the goods, it’s exciting to be able to share it with the audience in a special way. We’re thrilled to be pulling out all the stops with our partners at the MTV Networks.”

    Cruise returns as special agent Ethan Hunt, who faces the mission of his life in Mission: Impossible III. Abrams brings his unique blend of action and drama to the billion-dollar franchise.