$10,000 for short films in Africa

$10,000 in financing for pre-production, production and/or post-production on narrative short films has been granted in continental Africa.

Source: a division of NBC UniversalSource: Universal Networks

Nigeria: Outdoor Advertising Gulped N100 Billion in 2010, television advertising amounted to N39.656 billion - Survey

A total of N97.549 billion was invested on outdoor advertising (above the line advertising activities) in Nigeria in 2010.

This was contained in the latest edition of Mediafacts, an annual publication of MediaReach OMD, Nigeria's most influential media independent agency.

This figure includes funds invested on television, radio, outdoor, and press advertisements in the course of the past year.

Source: Daily Independent

Investment - In Brief

- Satellite operator SES – very active in Africa - reported first half recurring revenues of  €853.2 million, a 3% year-on-year increase.

- Africalia set up “The Africaliennes” to showcase the work of African partners in Belgium. It recently organised an event in Brussels raising awareness of the work done in South Africa with projections and discussions (in English, subtitles in Dutch).

Canada’s IDC and Wananchi partner on African direct-to-home broadcasting

Ottawa's International Datacasting Corp. (IDC) has partnered with an African technology company to bring direct-to-home broadcasting to the continent. The agreement with Wananchi Group Ltd. includes a vendor financing package and credit facility for an undisclosed amount, plus two support and operations contract worth almost US$1 million.

According to an IDC statement, Wananchi launched the first broadband, cable and telephony network in Africa and also added Zuku satellite to provide video, voice and data services to the sub-Saharan area.

Source: Ottawa Business Journal

Seven awards and more money at the Durban Film Mart in support of African film projects

 “The increase in the number of awards we will be making at this, the second edition of Durban FilmMart (DFM), is a tangible sign of the increasing support for the growth of African film product and an encouraging endorsement of the Durban FilmMart,” says Durban Film Office (DFO) acting CEO Toni Monty. “These awards provide producers with much needed support in further developing their projects and make these projects more attractive to financiers.”

Source: Durban FilmMart

Investment - In Brief

- A UNAMID radio station finally took to the airwaves in the restive region of Darfur end of June 2011 after years of wrangling with the Sudanese government, which seeks control media programmes there. Titled Yala Nabni Darfur (Let's Build Darfur), the new radio broadcasts besides the local radio stations, the US based Afia Darfur Radio and the Netherlands based Radio Dabanga which broadcast on the short waves.

African DTT roll-outs with NGB and Digital TV

Digital TV Labs, which provides independent, specialised receiver conformance products and services, has announced that it has been contracted by NGB – Next Generation Broadcasting, which operate as the consumer brand Smart TV – to supply a DVB-T/T2 receiver conformance regime which will assist the successful rollout of DTT services in select African markets.

Naspers shifts focus from acquisitions

Africa’s biggest media firm, Naspers said that while it was always looking for good- value acquisitions, it would focus more this year on growing its businesses organically and developing new technologies.

Naspers’s two biggest earners for its financial year to March were once again its pay-TV and internet businesses. The media company has gained a reputation for growth through acquisition, spending R5,5bn in the past financial year.


Investment - In Brief

- Rumours in South Africa reported that M-Net will officially announce that the pay broadcaster has secured the biggest South African TV programming coup of the year by securing the broadcasting rights to the most anticipated and most expensive TV show ever produced - Steven Spielberg's new Terra Nova.

Disney Junior launches in South Africa

The Walt Disney Company has announced the launch of Disney Junior on Wednesday, an all-new multiplatform preschool channel for children aged 2–7.

Disney Junior will air daily and become the home of Disney favourites such as Mickey Mouse Clubhouse, Jungle Junction, Handy Manny and Special Agent Oso, as well as new shows like Jake and the Never Land Pirates which premiered on Disney Junior on June 1, 2011.

Source: Walt Disney