SHANGHAI, Oct 21 - State-run Shanghai Media Group (SMG) said on Wednesday it would split operations into two units, one of which would be more market-oriented, a sign that China was taking steps to loosen...
* Sees 2010 revenue growth of over 10 pct; above estimates * Plans ad rates hike in Q1 '10; seeks new products in 2010 * Aims to transform into regional media content provider * Shares...
MELBOURNE, Oct 13 - Australian publisher Fairfax Media <FXJ.AX> named Roger Corbett, former chief of top supermarkets group Woolworths Ltd <WOW.AX>, as chairman, ending a battle over the post stoked by the group's biggest shareholder....
* President campaigned heavily for broadcast reform * Bill sparked intense battle between government, media * Limits number of media outlets companies can own (Updates with vote) BUENOS AIRES, Oct 10 - Argentina's Senate passed...
BANGKOK, Sept 2 - State-controlled Thai media firm MCOT PCL <MCOT.BK> said on Wednesday it expected 2009 revenue to rise 5-7 percent, helped by an expected rise in television advertising spending as business confidence improves....
* Murdoch says shocked at the mood * NBC Universal's Zucker says tough environment for deals (Adds further Zucker quote) SAN FRANCISCO, July 9 - Media executives at the exclusive Sun Valley conference in Idaho...
TCL Corp<000100>, a major Chinese television and mobile phone manufacturer, on Tuesday announced that it will cooperate with Chengdu Xinwang Media to launch new digital TV models in Chengdu, the capital of Sichuan Province, sources reported....
Focus Media Holding Ltd<FMCN>, which is principally engaged in outdoor advertising in China, on Jun. 20 announced that it recorded US$66.7 million in net revenue from continuing operations in the first quarter of this year, a year-on-year decline of 14% or a quarter-on-quarter decline of 24%, sources reported....
Risk-averse executives are sticking to a model that's doomed--but familiar. By now, it's no longer news--in fact it's clich茅 to say it's clich茅--that the old ways of doing business in traditional media no longer apply.
China Mass Media International Advertising Corp<CMM>, an independent advertising company in China, has announced that its unaudited net profit hit RMB 59.6 million in the first quarter of this year, a sharp quarter-on-quarter growth of 249.2% or a year-on-year decline of 8.8%, sources reported....