Tag: Yang Lan

  • SPE’s Lynton, Yang Lan to co-chair International Emmys gala dinner

    MUMBAI: International Academy of Television Arts & Sciences president and CEO Bruce Paisner announced that Sony Pictures Entertainment (SPE) chairman and CEO Michael Lynton and Yang Lan, the famous Chinese broadcaster and chairman of the Sun Culture Foundation, will serve as dinner co-chairs for the 33rd International Emmy Awards Gala.

    This year’s Gala event will take place on 21 November, 2005 in New York City.

    “I am so proud that two valued colleagues and friends have agreed to act as co-chairs of this year’s dinner. As chairman of Sony Pictures Entertainment, Michael Lynton is a leading force in the worldwide entertainment business and he is also the treasurer of the Academy. Yang Lan is a distinguished TV personality in China, an accomplished businesswoman and a longtime supporter of the Chinese production community,” said Paisner.

    In addition to the presentation of the International Emmy Awards for programming, the Academy will present two special awards. Oprah Winfrey will receive the International Emmy Founders Award for her philanthropic initiatives that have helped millions worldwide and raised awareness for a multitude of humanitarian causes, including education, AIDS and poverty.

    The International Emmy Directorate Award will be given to ITV, for 50 years of excellence in commercial broadcasting in the United Kingdom. ITV chief executive officer Charles Allen will accept the award on behalf of ITV.

    The semi-final judging of the International Emmy Awards is taking place around the world this summer, with finals taking place in September. Nominees will be announced at a press conference in Cannes at Mipcom on 17 October, 2005. This year’s sponsors, to-date, include: Ascent Media, Microsoft, NBC Universal, Phoenix-TV, Reed Midem, Sun Media, Savvis, Sofitel Hotels and Variety.

  • Sun Media, Lenovo Grp to develop broadband business in China

    MUMBAI: Sun Media Investment Holdings Ltd., (led by Chinese broadcaster Yang Lan) and the Lenovo Group have formed a joint venture -Sun 365 Multi-media Holdings Ltd., to develop broadband multimedia content and applications in China. The agreement was signed in July 2004.

    According to the agreement, the aggregate valuation of Sun 365 is $15 million. Sun Media Investment and Lenovo hold 85 per cent and 15 per cent respectively in the new joint venture. Sun Media will bring to the new company a multimedia production subsidiary in mainland China along with certain marketing rights in connection with the exploitation of Yang Lan’s brand image, and a certain amount of cash.

    Lenovo’s non-cash contribution includes the right to use its existing brand FM365. The JV will have the right of first refusal to bundle multimedia content services with the personal computers, mobile communication devices and handsets sold under the Lenovo brand in China. The cooperation is a non-exclusive one. Yang LAN will be the chairperson of the Board of Sun 365.

    The new partnership has been formed keeping in mind the huge potential of the emerging broadband multimedia market in China. The principal business of Sun 365 will be to develop multimedia businesses including creation of content and copyrights and development of distribution networks. The detailed applications of the business model of the JV are still under development and no further details are disclosed as of now.

    Commenting on the new alliance, Sun Media Investment Holdings chairperson Yang LAN said, ”We are thrilled to be entering into a new venture with Lenovo Group, one of the most trusted and respected names in China’s IT industry. Sun 365 represents the alliance of a leading technology provider and a content provider, ultimately designed to create a richer, more interactive and personalized experience for consumers. We believe Sun 365 is the new paradigm for the development of new media businesses in China.”