Media & Entertainment

Members of the popular girl group JKT48 perform in Jakarta in December 2021. (Photo by Dimas Ardiran)
Comment

Japan may change cultural strategy, learning from Indonesia's JKT48

Sister group of Japanese AKB48 has big hit with Korean pop-like music video

27 August 2022
Gautam Adani, with a net worth of $136 billion, has ambitions to branch further into the media.
Media & Entertainment

Indian tycoon Adani makes high-profile push into television

Conglomerate run by one of world's richest men trying to buy popular TV network

26 August 2022
Cosmetics companies from South Korea are seeking to make inroads in Indonesia, where their country's TV dramas and pop music already have legions of devoted followers. (Photo by Nana Shibata)
Consumer

South Korean 'K-Beauty' cosmetics brands see promise in Indonesia

Asian companies chase Western giants Unilever, P&G and L'Oreal in growing market

26 August 2022
Former Philippine President Rodrigo Duterte admitted in June that he used his "presidential powers" to block the license renewal of ABS-CBN. 
Media & Entertainment

Philippine TV networks 'pause' deal amid pressure from politicians

Alliance of shuttered ABS-CBN and TV5 faces congressional probe

24 August 2022
The PSVR2 headset is a long-awaited sequel to the PlayStation VR, which debuted in October 2016.
Media & Entertainment

Sony's PSVR2 PlayStation headset to arrive in 'early 2023'

Details of long-anticipated virtual reality accessory still under wraps

24 August 2022
E-commerce site Shopee's parent company Sea says its efforts to improve efficiency involve more than just job cuts.
Technology

Singapore's Sea to deepen cost cuts after nearly $1bn Q2 loss

NYSE-listed group 'rapidly prioritizing profitability,' pauses e-commerce guidance

17 August 2022
Billionaire Manuel Villar at the AMBS Media Center in Mandaluyong on July 30 in a photo from his Facebook page. His rise to become the Philippines' new media mogul took shape only at the beginning of this year. 
Business Spotlight

For profit or power? Philippines' richest man ventures into media

Marcos backer and billionaire Manuel Villar set to launch TV network

12 August 2022
Leading Philippine broadcaster ABS-CBN lost its broadcast license in 2020 after then-President Rodrigo Duterte slammed it for failing to air some of his campaign ads. 
Media & Entertainment

Philippine TV network shuttered by Duterte buys into rival channel

ABS-CBN gets platform to air shows with 35% stake purchase in TV5

11 August 2022
Nintendo will continue to sell all three Switch models, but the production outlook is unclear beyond this year, Furukawa said. (Photo by Tomoki Mera)
Interview

Nintendo Switch price isn't going up, despite higher costs: president

Shuntaro Furukawa sees big game releases like Pokemon boosting sales

11 August 2022
Japan's Nomura Co. has presented both physical and augmented-reality digital exhibits. (Photo courtesy of the company)
8 August 2022
The opening of Crown Resorts' Sydney casino comes as a breakthrough for the Australian company.
Companies

Crown Resorts Sydney casino finally set to start taking bets

Regulatory woes delayed gambling at glitzy, high-profile venue

8 August 2022
Nintendo sold 3.43 million Switch consoles in the April-June quarter, down from 4.45 million units in the same period last year.
Media & Entertainment

Nintendo operating profit drops 15% on Switch sales decline

Net profit jumps 28% boosted by weak yen for April-June quarter

3 August 2022
Sony Group released the Inzone brand of PC gaming monitors and headphones in July. (Photo by Takako Fujiu)
Media & Entertainment

Sony pivots to PC games in quest for growth beyond PlayStation

Consoles make up only 13% of the market as mobile platforms dominate

3 August 2022
Multichannel networks represent multiple content creators on social media like Weibo. (Photo by Shuhei Yamada)
Media & Entertainment

China's livestreamer industry matures after clampdown on stars

Playing field starts leveling out in market seen reaching $11bn by 2025

3 August 2022
Chinese-language media in Indonesia face business and demographic challenges. (Source photos courtesy of Mandarin Station and newspaper website screenshots)
Media & Entertainment

Indonesia's Chinese-language media face business challenges

Companies need to draw in younger audience, more advertising to thrive

2 August 2022
Private equity company Affirma Capital has invested nearly $40 million in U.S.-based digital content producer Terapin Studios. (Source photos by screenshot from Affirma capital and Terapin studios websites) 
DealStreetAsia

Singapore's Affirma Capital invests $38m in U.S. 'webtoon' company

Terapin Studios will use funds to buy South Korean digital comic platform

2 August 2022
Opened in 1939, the Cathay Cineplex was the only air-conditioned movie theater in Singapore before its independence. (Photo by Mayuko Tani)
Media & Entertainment

Realignment of cinema industry accelerates in Singapore

Small operator starts experiments at iconic theater following its closure

31 July 2022
Total gaming time by PlayStation users in the April-June quarter declined 15% from a year earlier, according to Sony.
29 July 2022
In the movie "Top Gun: Maverick," Tom Cruise's character battles with an unnamed hostile nation.
Comment

Return of 'Top Gun' flag patches speaks of wider U.S.-China schism

Will Beijing buy more Japanese government bonds in push to reduce dollar holdings?

29 July 2022
Tencent is focusing more on foreign game markets as China adopts a stricter regulatory environment. (Photo by Yusuke Hinata)
Media & Entertainment

Tencent tops Apple, Sony to take gaming market crown

Chinese tech giant crafts global portfolio with over 180 investments

27 July 2022
Nintendo Live 2022 will showcase games on the company's Switch system. (Photo by Wataru Ito)
Media & Entertainment

Nintendo to restart live gaming event in October after COVID pause

First festival in 3 years comes as company struggles to make enough Switches

22 July 2022
Sakai officials unveil the replica of the sword from 'Monster Hunter.' The game series has gained worldwide popularity since it was released in 2004. (Photo by Tomohiro Takasa)
Media & Entertainment

Sword from 'Monster Hunter' brought to life thanks to Sakai artisans

Massive 3.1-meter, 150kg blade will be exhibited until September

17 July 2022
Rumors had been swirling on Chinese social media that playing time limits might be increased but the limit of one hour a day, three days week, remains in place. (Source photos by EPA/Jiji and AFP/Jiji) 
Media & Entertainment

Tencent dashes Chinese teens' hopes for 'video game summer'

Country's biggest gaming group quashes rumors of longer screen time limits

13 July 2022
Netflix's South Korean thriller "Squid Game" rivals HBO drama "Succession" and others for best drama. 
Media & Entertainment

'Squid Game' becomes 1st non-English-language show nominated for Emmy

Winners to be announced at a ceremony on Sept. 12 as 'Succession,' 'Ted Lasso' lead

13 July 2022
Children exercise on a digital stage at Aeon Fantasy's new amusement center in Wuhan.
Education

Aeon Fantasy gets Chinese kids moving with exercise amusement park

Japan operator's Wuhan site offers training for fitness tests to fill cram school gap

13 July 2022