MUMBAI: The New York-based CMP Media has acquired Shorecliff Communications, the premier global event organizer and information provider serving the RFID (radio frequency identification), IPTV, broadband and wireless infrastructure communities.
Shorecliff’s specialised events in these high growth markets continue CMP’s drive to broaden its brand portfolio and strengthen its ability to more closely connect technology sellers to buyers.
Shorecliff Communications is well known throughout the industry for its leading edge conferences, including RFID World, Broadband Wireless World, Tower Summit & Trade Show and TelcoTV. These events enhance CMP’s robust technology events portfolio, including Computer Security Institute, Black Hat, and the Embedded Systems, Software Development and Game Developer Conferences, states an official release.
Market researcher Venture Development Corp. projects the RFID market to grow to nearly $6 billion in 2008 from $1.8 billion in 2004. Shorecliff events also lead the burgeoning IPTV (internet protocol television) industry market. According to market research firm Multimedia Research Group, the global IPTV market will grow from 2 million subscribers in 2004 to 26 million in 2008.
“The Shorecliff team has shown an uncanny ability to anticipate hot, emerging market segments and get there first with outstanding events,” said CMP Media president & CEO Steve Weitzner. “This acquisition is part of a broad-based strategy to grow our audience and diversify our solutions for bringing sellers and buyers together.”
“Joining CMP Media is an important milestone for Shorecliff Communications and the industries we serve,” said Shorecliff Communications president Timothy Downs. “With CMP’s wide array of media properties, we have the opportunity to offer our customers more integrated marketing programs that deliver increased value, quality education and exposure.”
Tag: US-based
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US-based CMP Media Acquires Shorecliff Communications
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US-based Starwin Media to enter Asia Pacific media industry
MUMBAI: The California-headquartered Starwin Media Holdings Inc has entered into an agreement of intent to acquire majority control of Strategic Media International Limited, a Hong Kong corporation — parent company of three corporations that are currently publicly traded on the Hong Kong Stock Exchange and the other publicly traded on the Shenzhen Stock Exchange.
These four publicly traded corporations are the holding corporations of the premier leading media corporation in the Asia Pacific region. This acquisition is subject to due diligence, states an official release.
Strategic Media International Limited is one of the largest privately owned media corporations in the Asia Pacific region, which owns movie- distribution networks, production companies, video & audio distributions, major advertising companies, major newspapers in Hong Kong, and a 350-acre movie city for movie and television productions. The corporation, that is publicly traded on the Shenzhen Stock Exchange, is a telecommunications and broadband corporation, and has developed and built a broadband infrastructure in major cities in southwestern region of China to accommodate Starwin Media Holdings Inc’s IPTV platform, the release adds.
“Our acquisition into these four publicly traded corporations will provide us with direct ownerships into mega media power house in Asia Pacific, and has become a part of our market entry strategy to establish our presence in the Asia Pacific media industry, and to build our branding as the global preeminent media powerhouse,” president of Starwin Wendyfer Zhong said.
“This acquisition exercise will also generate new value to all of our existing shareholders, bringing annual revenue and net asset value into Starwin,” he adds.
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US-based International Channel targets Asians
MUMBAI: As the next step in US broadcaster International Channel’s strategic evolution to focus entirely on the burgeoning Asian audience in the US, the broadcaster will undergo a
complete channel re-branding and reprogramming excercise.One of its aims will be to include increasing its English-accessible Asian programming, to better reflect this audience. These changes will debut early in the second quarter of the year. Since the last quarter of 2004, the amount of European and Middle Eastern language programming on International Channel has been decreasing and will completely disappear in the second quarter of this year. However, International Channel Networks will continue to feature programming for these audiences, as well as more in-language Asian product, through its premium networks and On Demand services. ln December 2004 International Channel had signed licensing agreements with Mirovision a major distributor for nine Korean films and Central Park Media for seven anime titles.
International Channel Networks MD Steve Smith said, “Our goal is to create a destination network for and about Asian Americans by continuing to build on the existing channel and the success of the two-year old Asia Street programming block. International Channel Networks is uniquely positioned to relaunch and market this channel, given its expertise in the cable industry coupled with 10 plus years working locally in the Asian communities around the country.”
International Channel had first targetted the English-speaking Asian American audience when it launched its Asia Street block of primetime programming three years ago. Asia Street has consisted of films, anime, music videos and new originals aimed at a younger audience. While this type of programming will expand, Smith noted that the schedule would still offer programmes such as news and dramas that have historically aired on the channel in various Asian languages to serve the first-generation older immigrants.
The broadcaster will be helped with the re-branding process by Woo Art International a New York-based communications design and production company which was recently retained by International Channel Networks’ marketing department.
The channel’s new focus also is intended to attract new advertisers. International Channel Networks VP ad sales Bill Georges said, “With Asians being the fastest growing, most affluent and youngest ethnic group in the US, this is a highly desirable audience for advertisers and the new format for International Channel will be much simpler to understand and make it easier for advertisers to reach the entire Asian audience.”