• SoftBank Capital raises $51 mn to invest in New York tech startups

    MUMBAI: SoftBank Capital, a venture group affiliated with Japan‘s SoftBank has announced that it raised an additional

  • Condé Nast Entertainment announces over 30 new shows for digital video network

    MUMBAI: In its bid to move from being a pure magazine publisher to a creator of online video content Condé Nast Enter

  • Esteves vacates office as Time Warner Cable CFO

    Submitted by ITV Production on Apr 30
    indiantelevision.com Team

    MUMBAI: Time Warner Cable (TWC), the second- largest US cable provider has brought on board former AOL chief operating officer Arthur Minson as chief financial officer, replacing Irene Esteves, who is departing. This is his second stint at TWC.

    Minson who will take charge on 2 May. In a statement, TWC chairman and CEO Glenn Britt said Esteves had played "a significant role in the management of the company" since she joined in 2011.

    Minson, who will also assume the title executive VP and will report in to Britt.

    "We?re delighted to welcome Artie back to Time Warner Cable," Britt said. "His deep knowledge of the cable industry, the broad experience he gained at AOL as CFO and COO, and his outstanding reputation in the financial community make him a great addition to our management team." He further added.

  • AOL shuts down music service

    MUMBAI: AOL has closed down its online music service AOL Music with immediate effect.

  • Discovery in licensing deal with AOL On Network

    MUMBAI: AOL has announced a strategic partnership with non fiction media company Discovery.

  • A+E Networks to take full ownership of Asian JV with Astro

    Submitted by ITV Production on Dec 04
    indiantelevision.com Team

    MUMBAI: A+E Networks has said that it will assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture with Astro Overseas Limited (AOL) in 2007.

    The move comes as A+E networks looks to expand its footprint and launch new brands, including Lifetime.

    A+E Networks? portfolio of channel brands, including History, Crime & Investigation Network and BIO, will continue to have carriage in Malaysia and Brunei through agreements with Astro Malaysia, an affiliate of AOL.

    In India A+E Networks has JV with Network18 Group which operates History TV18 channel.

    "Five years ago when we were exploring options to launch our brands in South East Asia, Astro was the clear choice to be our partner due to their local expertise and their strong record as a Pay-TV leader in the region," said A+E Networks EVP, Enterprises Steve Ronson. "Astro has been and will continue to be a very important partner for us, and we are very pleased to see our relationship evolve and grow."

    A+E Networks and AOL will also establish a regional production partnership designed to nurture the production activity across South East Asia. The production partnership will help develop the local talent pool, and to create original content for regional and international audiences.

    "As a leading media group in the region, we are happy to continue to our relationship with A+E Networks to develop and create compelling content and help elevate the creative industry in the region through the setting up of the regional production partnership," said AOL SVP Zainir Aminullah.

    AETN All Asia Networks? management team will report to A+E Networks Asia Pacific MD Alan Hodges.

    "We view Asia as critically important for our international growth, and assuming full ownership of AETN All Asia Networks is a big step," said A+E Networks Executive Vice President, International Sean Cohan. "This new structure will allow us to expand our brand portfolio and grow distribution throughout the region."

    AETN All Asia Networks operates and distributes History, History HD, Crime & Investigation Network, and BIO in Singapore, Malaysia, Brunei, Hong Kong, Taiwan, Cambodia, Indonesia, the Philippines, Macau, Papua New Guinea, Myanmar, Laos, Vietnam, Palau and Thailand. The group also manages the broadcast of History and History HD in Korea.

    The transaction is subject to various conditions and approvals. The parties hope to close the deal by early 2013.

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