[00-8-22] NOW Web/TV Service Plans $40Mil Studio In Japan
By Staff, IT Daily.
HONG KONG, CHINA,
22 Aug 2000, 12:59 PM CST
NOW Web/TV Service Plans $40Mil Studio In Japan 08/22/00 HONG KONG, CHINA, 2000 AUG 22 (NB) -- By Staff, IT Daily. Pacific Century CyberWorks (PCCW) has announced it will work with Sony PCL to build a US$40 million studio in Tokyo, aiming to bring its NOW (Network of the World) service to Japan by mid-2001.
Subject to the signing of legally binding agreements, Pacific Century CyberWorks-Japan (PCCW Japan), a wholly owned subsidiary of PCCW, will form a strategic business alliance with Sony PCL, a wholly owned subsidiary of Sony Corp. Sony PCL will provide audio and visual hardware and technical support in the construction and development of the studio, expected to begin later this year.
Sony PCL will also assist with the recruitment and training of more than 100 new employees with experience in TV program production, Web site design, and other related areas to operate the studio.
Rolled out in June from its London studio, NOW is a converged TV-Web service. NOW delivers two features: linear TV programming and streaming video synchronized to Web content. With NOW, TV viewers and Internet users become "viewsers," who can drill down into vortals (vertical portals) for in-depth content, including video clips, graphics, animation, text and Web links.
The Tokyo studio will plan, develop and edit content for NOW Japan. It will also edit and translate popular Japanese content into multiple languages for export via NOW's global network.
Additional NOW studios are planned for New York and Greater China.
Reported by Newsbytes.com, newsbytes.com .
12:59 CST
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