A+E Networks Takes Full Ownership of Southeast Asian JV
A+E Networks is assuming 100-percent ownership of the Singapore-based joint venture it set up with Malaysia's Astro to roll out its pay-TV brands across Southeast Asia.
Astro will continue to carry HISTORY, Crime & Investigation Network and BIO in Malaysia and Brunei following A+E taking full control of AETN All Asia Networks, the joint venture established in 2007. In addition, A+E is establishing a regional production partnership with Astro.
The move comes as A+E Networks looks to expand its presence in the region with the addition of Lifetime, among other brands. AETN All Asia Networks’ management team will report to Alan Hodges, the managing director for the Asia Pacific at A+E Networks. The division operates and distributes HISTORY, HISTORY HD, Crime & Investigation Network, and BIO in Singapore, Malaysia, Brunei, Hong Kong, Taiwan, Cambodia, Indonesia, the Philippines, Macau, Papua New Guinea, Myanmar, Laos, Vietnam, Palau and Thailand. The group also manages the broadcast of HISTORY and HISTORY HD in Korea.
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