investment

U.S.$1 Million Fund for News Innovation

The African Media Initiative (AMI), the continent's largest association of media owners and operators, has announced a US$1 million fund to spur innovation in the news industry.

The new African News Innovation Challenge (ANIC) is designed to encourage experimentation in digital technologies and support the best innovations that strengthen African news organizations.

AMI Chief Executive Amadou Mahtar Ba first announced the fund at the 4th African Media Leaders Forum (AMLF) in Tunisia on November 10.

Source: Press release

Investment - In Brief

- 4 Nov. 2011: Google’s popular YouTube video service is now available in Zulu and Afrikaans. The SA version of the site, at www.youtube.co.za, was launched in May 2010 and was the first localised YouTube edition in Africa. The Internet giant took the wraps off the Zulu and Afrikaans.

Zambia: Government to sell 35% public media shares

Vice-President Guy Scott has said the Government will soon float 35 per cent shares of each of the three public media institutions to the public on the stock exchange market. Dr Scott said in Parliament that the Government was engaging the public media to see how the programme would go. This may yet set a trend for the disposal of Government holdings elsewhere.

Source: ukzambians.co.uk

Intelsat’s new TV contracts and launch of three satellites in 2012

Intelsat S.A., provider of satellite services, today announced new contracts with customers utilizing Intelsat’s premier African video distribution satellite neighbourhoods and broadband capacity.

Source: Inteslat

Nigeria now is a market of 167 million people

 Nigeria now is a market of 167 million people. This is what Chairman, National Population Commission, Samu'ila Danko Makama, had last week disclosed that the country's population rose from the 140,431,790 it was five years ago when the last national headcount was taken, to 167,912,561 as at Wednesday. This represents an annual population growth rate of 3.2 percent or 5.6 million people per annum. He said of this figure, 82,098,001 are females, while males account for 85,814,560.

Investment - In Brief

- Africa 7 Television started its broadcasts in October 2011, after three months of investments and testing. The Senegalese media space has enriched its TV content with a seventh channel and a sixth private channel next to public television RTS, 2STV, TFM, Walf TV, RDV and Canal Info News. Apart from Senegal, Africa 7, launched by the group Citizen Media Group has the ambition to become a pan-African and even a global television station.

MENA: Pay TV subscribers to top 10 million in 2012

Record numbers of households across the Middle East and Africa are signing up for pay TV, according to new research from Informa Telecoms & Media.

In 2000 there were just over 2.5 million pay TV subscribers across the MENA region. By the end of last year that total had more than trebled to 9.2 million and Informa’s research shows it is heading for 9.6 million by the end of 2011 and will pass the 10 million mark next year.

Source: Informa

URTI considerably increased programme exchanges and awarded USD 15,000 to its “international grand prix” winner

The International Radio and Television Union (URTI) kept its 63rd general Assembly in Paris, this Friday October 21 2011, at the invitation of ‘France Télévisions’.
This event gathered 51 international radio broadcasting organizations.
URTI is the oldest international audiovisual organization and also the only one with a global perspective. The development of the Union allowed to record the membership of radiobroadcasters from 28 different countries these last three years.

Source: URTI

Investment - In Brief

- Ali Amiri, Executive Vice President of Etisalat’s Carrier and Wholesale services unveiled a revolutionary new service for operator and content communities. Etisalat’s Smart Hub has been equipped with a state-of-the-art Over the Top (OTT) Hub providing the content ecosystem with access to key telecom technologies and services and connectivity to Etisalat’s regional customer base.

Time Equity Partners invests €6m in THEMA’s development

Time Equity Partners has invested €6m in French TV broadcaster Thema.
Established in 2005, Thema specialises in the development and worldwide distribution of thematic, generalist and ethnic TV channels. The company distributes in excess of 60 TV channels worldwide.

The Paris-based business generates a €14m turnover and has additional offices in the US, Russia and Singapore. Thema employs 15 people.

People
Henri de Bodinat led the deal for TIME Equity Partners. François Thiellet is chief executive of Thema.

Source: Thema TV
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