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HONG KONG (Reuters) - Next Media Ltd, controlled by Hong Kong media mogul Jimmy Lai, will sell its Taiwan newspaper, magazine and television assets to Chinatrust Financial's former vice-chairman Jeffrey Koo Jr for NT$17.5 billion ($600 million).

Koo has entered into an agreement to buy the assets, including Next Magazine and Apple Daily, the company said in a statement on the Hong Kong stock exchange.

Next Media has agreed to a 3-year undertaking under which the company and chairman Lai will not own or control any firm in the Taiwanese print media or television markets, the firm said.

"The possible transaction allows the company to rationalize and focus its resources on the group's operations in Hong Kong and also in further developing its digital content-related businesses", Next Media said in a statement.

The company has terminated an earlier memorandum of understanding with another potential buyer, Lien Tai-sheng, regarding the sale of its TV division in Taiwan, it added.

The move comes weeks after Lai said he was selling his Taiwanese television business - which is best known for its animated takes on political and celebrity scandals - as a result of financial losses.

Next Animations won global exposure when its take on golfer Tiger Woods' troubles was widely viewed on YouTube in 2010.

Lai is persona non grata in China, from where he fled at the age of 12 and was smuggled by boat into Hong Kong.

Shares in Next Media, which last closed on Monday at HK$1.12, were due to resume trade on Thursday. The stock is up nearly 65 percent so far this year, outpacing a 16 percent gain in the benchmark Hang Seng Index.

($1 = 7.7512 Hong Kong dollars)

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Next Media to sell Taiwan print, TV business for $600 million

A motion for the media mogul to be ousted from his post was defeated Vote followed jump of 44 per cent in company shares Australian tycoon admitted the firm had had 'mishaps' but insisted it had 'seized the opportunity to make amends' Murdoch family owns 13 per cent of the equity in the company, but still controls 40 per cent of the voting stock Claims James Murdoch is being lined up for a top job in charge of Fox in the U.S. were not discussed Neither was the news of Rebekah Brooks' 7million 'golden goodbye'

By David Gardner

PUBLISHED: 02:47 EST, 17 October 2012 | UPDATED: 02:47 EST, 17 October 2012

Media mogul Rupert Murdoch swatted away a shareholder revolt at News Corporation's annual general meeting last night.

A motion for the 81-year-old to step down as chairman of News Internationals parent company was easily defeated in a vote at the Los Angeles meeting.

Other attempts to diminish the Murdoch familys control also failed in the wake of the companys huge 44 per cent share increase over the past year.

Powerful: The motion to remove the wealthy Australian from his post as News Corporation chairman was easily defeated

There was no mention of the 7million former News International chief Rebekah Brooks reportedly received when she resigned at the height of the phone hacking crisis in July last year.

The meeting also failed to discuss claims that James Murdoch was being lined up for a top job in charge of Fox in the U.S. despite the uproar over his handling of the scandal in Britain.

Read more from the original source:
Murdoch stamps out demands from News Corporation shareholders that he step down as media family retains control

X-Factors C4 solution makes it easy for corporate communicators to reach internal and external audiences on their digital signs, desktops, internet portals and mobile devices. X-Factors MACC solution enables exciting and immersive consumer marketing as part of the explosive growth of Digital Out Of Home advertising.

South Hackensack, NJ (PRWEB) October 17, 2012

X-Factors exclusive C4 Corporate Communications Control Center is an easy to use software-based solution for multi-media, multi-channel and multi-dimensional internal and external corporate communications. C4 is an advanced and intuitive content creation and management system that supports emergency messaging, conventional publishing as well as interactive applications. Features and applications include:

Content creation

The C4 solution is complementary to other in-place systems, including intranet sites and Microsoft SharePoint, adding greater functionality and ease of use including the automated transformation of PowerPoint documents into desktop signs and alerts, for example. Content distributed over C4 is optimized for all end-points, whether large lobby displays, interactive kiosks including wayfinding capabilities, or mobile tablets and smart phones.

X-Factors new MACC Marketing and Advertising Control Center builds upon over five years of experience developing, implementing and managing multimedia immersive digital media networks.

MACC makes it easier than ever to participate in the rapidly growing Digital-Out-Of-Home marketing trend and enables marketers and their agency partners to:

MACC is a high-impact delivery platform integrated into the way people shop, learn and play, presented at the most appropriate moments in the most interesting venues (retail shops, stadiums, public transportation hubs, on trains and buses, at medical centers, in malls, and much more). Displays can deliver messaging that is customized by geography, time of day, specific location and more in real-time, and data collected informs the real-time grooming of campaigns to ensure the highest conversion rates and ROI.

This is an exciting time for X-Factor and our clients, said Charles Saracino, CEO We have been investing in R&D for years, and have been closely working with enterprise and agency partners to build something of great value for them as the world of communications becomes increasingly vibrant and ubiquitous. Jeff Singman, Chief Marketing & Sales Officer addedOur clients have asked us to pull together solutions that make is easy for them to participate in the benefits of reaching employees and consumers with dynamic, creative and impactful images and messages through a single web-based portal, and we are grateful to them for the valuable input they have provided along the way.

X-Factor also launched their new website today, and a number of new products.

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X-Factor Introduces Interactive Digital Signage and Converged Digital Media Applications Solutions for Corporate ...

ARDMORE, Pa.--(BUSINESS WIRE)--

Are you an investor relations professional whos feeling overwhelmed by the social media phenomenon? Not sure if your IR program would benefit from the addition of social media, or how to incorporate social media into your IR initiatives? Not to worry. Gregory FCA will be hosting a webinar on Nov. 15 at 12 p.m. EST that will help answer your questions and provide you with three easy steps to integrate social media in your IR program.

The webinar, The Socialization of IR: How to Drive Shareholder Value Through Social Media, will provide you with simple, practical strategies and easy-to-implement steps to effectively integrate social media into your IR program without all the drama that seems to surround the topic.

In a world that increasingly expects unfettered access to an endless ocean of information, many IROs are still ignoring a tool that improves their ability to control their companys narrative and influence the many conversations that are already determining their valuationsocial media.

Using insights from companies both large and small across a broad range of industries, learn how IROs are building investor confidence with the efficiency and effectiveness that can only be accomplished through blogging and other social media tools.

You can register for the webinar online. As an added bonus, everyone who registers will be entered into a drawing for a $250 Amazon gift card. One winner will be drawn at random at the end of the webinar.

ABOUT GREGORY FCA

One of the top 50 public relations companies in the U.S., Gregory FCA has been named the #1 public relations agency in Philadelphia by the Philadelphia Business Journal for the past five years. A full-service, strategically integrated public relations firm, the company has over 20 years of experience in national media relations, investor relations, and financial communications. The firms clients are fast-growing private and publicly traded companies who depend on Gregory FCA to help them build their businesses through high-profile exposure in traditional and digital media, and the capital markets. The company's staff includes top minds in writing, public relations, and financeMBAs, former journalists, bloggers, and account executive professionalswith the knowledge, creativity, and experience to execute sophisticated corporate communications, media relations, social media, and investor relations programs. Gregory FCA can be found on the Web at http://www.GregoryFCA.com and blog.GregoryFCA.com.

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Webinar: Learn How to Drive Shareholder Value Through Social Media

LOS ANGELES--(BUSINESS WIRE)--

(mt) Media Temple, a leading provider of web hosting and cloud services, together with Morphlabs and Dell, announce the availability of Helix - a new high-performance OpenStack private cloud service.

Helix makes it easy for any business to have their own private share nothing cloud while keeping costs low, said Media Temple CTO Albert Lopez. Helix delivers control, security, simplicity, and support for one flat monthly price. It gives everyone, from established brands to emerging start-ups, a way to instantly tap into the power and flexibility of cloud computing.

Media Temples new Helix service is based on the high-performance private cloud building blocks designed by Morphlabs via the Dell Emerging Solutions Platform Partner Program. This service leverages Dells power-dense and energy-efficient PowerEdge C6220 server system with solid state disks (SSD) and Dells Crowbar software framework. Combined with the fast-growing OpenStack open source cloud underpinnings as well as the sophisticated mCloud orchestration and dashboard, the solution is able to support 80 virtual CPUs (vCPUs) and 3TB in a single 2U C6220 chassis, and all at under 700 watts of power consumption.

Together with Dell, we bring a best of class service to our customer base configured and customized exactly as they need, adds Media Temple President and COO Russ Reeder. Its collaborations like these that let both companies do what they do best for the market.

Customers adopting the Helix private cloud service also benefit from Media Temples 24x7 support center for system help, training, and solutions.

Media Temple has a winner with the Helix Private Cloud, said Media Temple customer and Mobile Roadie CTO Steve Schroeder. It's awesome. Now I can exceed my applications' performance demands and match our rapid growth all while staying within our budget. As a CTO, it hits all of my check boxes and lets me focus on our application.

Morphlabs is encouraged that a premium hosting provider like Media Temple is basing its Helix private cloud service around our mCloud technology, said Morphlabs CEO Winston Damarillo. With mClouds unmatched energy efficiency standards, Media Temple can decrease the carbon footprint within its data centers, passing significant operational savings on to its customers in the form of an efficient, scalable and affordable private cloud solution to meet the most demanding requirements of its growing customer base."

Providing compelling solutions for a growing marketplace is a collaborative effort, said John Igoe, executive director of cloud and big data solutions at Dell. Media Temples Helix Private Cloud Service exemplifies the amazing innovations that came out of our work with Morphlabs in the Dell Emerging Solutions Platform Partner Program.

Media Temple will be featuring the Helix cloud service at the OpenStack Summit, October 15-18 in San Diego, Calif. at the Media Temple Morphlabs booth. Helix, currently in a private beta, will be available from Media Temple before the end of 2012. If you are interested in more information, please visit http://www.mediatemple.com/helix.

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Media Temple Introduces Helix - an OpenStack Private Cloud Service Designed for Business Innovation