Friday, September 5, 2008

Microsoft will invest Japan's first 24-hour English news channel

September 5: According to Japanese media recently reported that the Japanese company will invest a 24-hour global news channel broadcast in English.

This is Japan's first worldwide broadcast of the English news channel, and to BBC, CNN, Al-Jazeera and other competition.

English channels will form a joint venture company, Japan's NHK company will own 60% of the shares. A total of 13 shareholders. In addition to Microsoft, the other a high-tech companies is NTT DoCoMo.

The English channel from the broadcast began in February next year, family coverage will be over 100 million households, covering areas including North America, Europe, the Middle East, North Africa, Southeast Asia.

NHK to shareholders to issue stock, a total of 1.8 million U.S. dollars funding. Apart from the NHK, other investors of shares of not more than five percent.

According to reports, Microsoft and NTT DoCoMo in the field of digital media has extensive experience, they plan to broadcast via the Internet this English Channel.

Currently in the United States, the company holding a 24-hour news channel MSNBC and the related sites shares.

Analysts believe that Microsoft's move is aimed at occupying more media resources to compete in the Internet market in its own search technology make up for lack of defects.

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