SK Telecom, Walt Disney to launch channel in South Korea
www.WirelessFederation.com/news: In order to launch Korean-language Disney channels in South Korea, SK Telekom has expressed its desire to form a joint venture with the Walt Disney Company. With 51% stake, SK telecom will be the majority shareholder in the joint venture and the remaining 49% will be controlled by Disney Channel International, one of Walt Disney’s subsidiaries.
As per the agreement, Korean-language versions of the Disney Channel and Playhouse Disney Channel will be launched as joint venture.
According to the telco, these two channels will be available in HD multiplex as well as SD format over cable, direct-to-home and IPTV platforms and related on-demand digital media services in South Korea.
3UK launches Disney on Demand
On Demand Group and The Walt Disney Company UK have agreed a deal to provide subscribers with on-demand access to entire episodes of hit television shows via 3 UK’s first ever mobile TV subscription video-on-demand (SVOD) service.
Under the terms of this deal, Disney will offer hundreds of episodes to subscribers on the 3 network in the UK, including ABC Studios award winning live action series ‘Lost’, ‘Desperate Housewives’, ‘Grey’s Anatomy’ and more.
According to the CEO of On Demand Group, Tony Kelly, the company is pleased to help one of the world’s premier media companies to create its presence in a new medium. He is of the opinion that the Walt Disney Company UK’s arrival on 3 mobile demonstrates the tremendous potential for fully managed on-demand services that offer full control to subscribers however they chose to watch.
Telefonica says EU tariff reforms to leave a hole in investment budget
www.WirelessFederation.com/news: According to Telefonica’s COO, the tariff cut by European Union regulators will reportedly burn a multi-billion-euro hole in the telecoms sector’s investment budget. It was on 1 July, that EU implemented new series of mobile roaming tariffs.
“Those two measures alone will cut investments by 6 billion euros ($8.57 billion),” COO Julio Linares.
As far as revenues are concerned, the cuts to roaming tariffs will have a impact of 6 billion euros and European operators will lose a further 34 billion from the decrease in call termination rates, Linares said.
YouTube teams with Cingular, ABC for talent hunt
YouTube, the popular online video-sharing service, is teaming up with major marketing and media partners for a competition to discover the most talented unsigned bands on its site.
The promotion announced on Wednesday, called YouTube Underground, is the latest step by the start-up company to build a mainstream media model around the thousands of videos uploaded by users and receiving more than 100 million views a day.
Bands can submit original videos from Oct. 2 through Oct. 18, and site visitors will vote for their favorites. The finalists will appear on ABC’s “Good Morning America” show. Walt Disney owns the ABC network.
Cingular Wireless also has signed on as a major sponsor.
YouTube, based in San Mateo, Calif., has been working on signing licensing deals with music companies and TV networks to ensure that they are paid when users view their content.
Earlier this week, YouTube announced its first deal to distribute music videos legally from a major music company by agreeing to a deal with Warner Music Group, home to Madonna and James Blunt.
Using technology developed by YouTube, Warner Music will be able to identify which of its music videos and audio tracks are consumed and get paid for them. It can also use the system to identify copyright-infringing material posted by users and ask YouTube to remove such material.
Source- http://news.zdnet.com
Technorati : Cingular, Mobile, Wireless, You Tube
Ice Rocket : Cingular, Mobile, Wireless, You Tube
