AsianE-Book Systems Lands $3 Million as Part of Asian Joint VentureAuthored by Mark Hefflinger on November 30, 2004 - 4:01am.
Santa Clara, Calif. -- E-Book Systems, developer of a 3-D page-flipping interface, has announced that it will receive a $3 million investment from Japan's Softbank Media & Marketing as part of a joint venture between the two companies. Specifically, the investment will go to E-Book Systems' Singapore-based unit, which holds a number of patents for e-publishing technologies. The new joint venture company, E-Book Systems Kabushiki Kaisha (KK), will direct the establishment of electronic publishing in Japan and Korea. E-Book Systems KK anticipates turning a profit by 2006. Currently, 273 magazine titles worldwide use the company's technology, which delivers multimedia content in the form of a virtual book.
Movie Studios to Pay Asian Informants for Info On Pirate DVD FacilitiesAuthored by Mark Hefflinger on February 20, 2003 - 2:48am.
Bangkok -- Reuters reports that the Motion Picture Association of America (MPAA) is stepping up its anti-piracy efforts in the Asia-Pacific region by allotting $150,000 in rewards for informants who provide information on pirate DVD facilities. The MPAA began enlisting informants in Hong Kong last year, and will now expand the practice into India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand. "The informants could be anyone, plant engineers or the wife of the guard," Michael Ellis, Asia-Pacific anti-piracy head for the MPAA, told Reuters. "We'll work with some informants over a long period. Some people are professional informants, they can make a good living out of working with us." The MPAA estimates its member studios lost $3 billion in revenue in 2002 to pirate DVDs, and $646 million in Asia. http://www.wired.com/news/digiwood/0,1412,57730,00.html
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