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Pearson,
the owner of The Financial Times, the paper which
has been itching to launch its India edition for the past
decade but has been stopped from doing so, has managed to
do so in China.
The
country that has resisted overseas media influences for
years, finally opened its doors to its first overseas alliance
spanning television, broadband services and publishing this
week. That should give some food for thought to Indian mandarins
and politicians, considering the issue of foreign direct
investment (FDI) in print media. Indian bureaucrats
have often cited a 1956 Cabinet decision which had decided
that FDI is a no-no.
The
reason China decided to open up to Pearson: the 2008 Beijing
Olympics. CTV Media, the multi media production arm of China
Central Television (CCTV) has announced a joint venture
with the London based media and education company. The alliance
will centre on English language training as China prepares
to greet the world in English at the Olympics, seven years
from now.
The
new Beijing-based company, Pearson CTV Media, will provide
education and consumer content across television, broadband
services and publishing for China’s 350 million television
households. As part of the cross media effort, CCTV will
provide Pearson CTV Media with unprecedented distribution
across its television network, which reaches more than one
billion viewers every day.
Considering the reach and scope of the 2008 global sports
event scheduled in China, Pearson seems to have landed a
winner for itself. An estimated $1 billion will be spent
on sponsorship around the 2008 Olympics in Beijing. The
country has more than 350 million television households
and more than 400 million radio households. The total Chinese
media market is worth an estimated $12 billion; the media
industry is China’s fourth largest tax contributor. In the
last ten years, the advertising market in China has grown
to $7.5 bn.
Pearson CTV Media will produce a range of television programming
to introduce conversational English in an entertaining setting
on CCTV channels. Four television series are planned with
two already in development and the first to be broadcast
on CCTV’s Channel 10 (education and culture) and Channel
5 (sports) from early next year. Phrase of the Day,
a series of more than 250 ninety-second vignettes, each
introducing an English language phrase will introduce everyday
English phrases set in real life situations such as shops,
hotels and taxis. It will be broadcast throughout the day.
The Maze, the biggest contestant-based show to be
screened in China’s television history. The Maze
will feature teams of contestants who race through a multi-level
maze and gather rewards each time they are able to read
an English phrase.
A six-part series Eyewitness China, focusing on China's
history, art and culture, is being made for distribution
around the world. Based on the award winning Eyewitness
format developed by Dorling Kindersley (DK), another Pearson
company, the series will combine original production with
exclusive access to over 10,000 hours of footage from CCTV's
television archives. DK will publish new companion consumer
titles alongside Eyewitness China.
According to an official release, the shows are likely to
generate significant advertising and sponsorship opportunities
for multinational corporations looking to promote their
products in China. All television programming are to be
supported with companion publishing from Pearson imprints
including Longman, the world’s leading English Language
Training company. Longman will publish print, online and
audio courseware, and the joint venture will pilot broadband
services, including self-study English language courseware.
The pilots will run in Beijing housing complexes recently
installed with high bandwidth internet connections.
Pearson Broadband, the broadband television division of
Pearson plc, will own 50% of the venture, with CTV Media
Ltd holding a 40% stake. Cyber Solutions, a broadband and
telecommunications services company based in Beijing, will
hold the remaining 10%. According to CCTV officials, talks
for the joint venture have been on since August 2001.
Pearson already has a presence in India through Penguin
India Publishing and Fremantle India, a production house
which has been behind such TV series such as Kricket,
Family Fortunes, Born Lucky, Let's Make a Deal and Small
Talk in India
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