Kuala Lumpur, November 15, 2010
|From left: Datuk Ibrahim Yahaya, Director General of RTM, Tan Sri (Dr.) Francis Yeoh, Managing Director of YTL Corporation Bhd and Executive Chairman of YTL Communications Sdn Bhd, Dato Amrin Awaluddin, Director of Primeworks and Group MD Media Prima group
Continuing the strong momentum to launch a next generation TV service by the end of 2011, YTL Communications Sdn Bhd today signed agreements with RTM and Primeworks Studios Sdn Bhd of the Media Prima Group to collaborate and further enhance the local television experience and propel Malaysia into a regional, digital broadcast hub.
RTM is a Malaysian state-owned public broadcaster and Primeworks Studios is Malaysia's biggest production company and a wholly owned subsidiary of the Media Prima Group, Malaysia's leading integrated media investment group.
YTL’s next generation TV service is the most advanced, digital TV service that seamlessly integrates traditional television and Internet content, while automatically recording and organizing the customer’s favourite shows. This is a continuation of YTL’s journey to bring Malaysians into a true digital era that will start with the launch of its Yes 4G Mobile Internet with Voice service, on November 19. Based on this leading-edge 4G mobile Internet architecture, YTL’s Yes service will bring together the world of mobile Internet and voice communications at the launch.
This network will grow into a fully wireless quad-play service by 2011, which will will effectively give users mobile broadband, mobile voice, home TV and mobile TV all in one account.
Under the agreements signed today, YTL Communications will work towards hosting RTM’s and Media Prima Group’s channels and their existing quality local content on its next generation TV service. The partners will also undertake to jointly create new productions for local and regional broadcast.
“With YTL’s next generation TV service, we are accelerating the Government’s plan to digitize broadcast by 2015. This certainly bodes well for our local content industry, as it will spur digital media creation called for by the domestic and regional demand”, said Datuk Ibrahim Yahaya, Director General of RTM.
“Together, we are making Malaysia the regional hub for digital media and content. I’m positive that through our existing content and the new productions that we will be making together, we will grow to serve a market that is beyond the 28 million people of this country and reach to the billions across Asia Pacific”, said Dato’ Amrin Awaluddin, Director of Primeworks Studios Sdn Bhd and Group MD Media Prima Berhad.
“I am very pleased with this collaboration and I thank both RTM and Media Prima Group for their support of YTL’s efforts to make Malaysia a fully converged wireless quad-play country. This will cement our position as the world’s most advanced wireless country”, said Tan Sri Dato’ (Dr.) Francis Yeoh, Executive Chairman of YTL Communications Sdn Bhd. “With this collaboration, content and technology are coming together to encourage those who have never felt the need to embrace broadband, to now do so. We are working side by side to provide quality content and make it relevant to all Malaysians to adopt broadband at a faster rate. This is what a true nation building exercise is all about”.
YTL’s next generation TV service will enable content providers to deliver new and innovative services to their stakeholders and customers. This is the foundation of an advanced two-sided business model, where a next generation TV network serves as a distribution platform for content as well as new application services. Such capability will unlock many new business opportunities and drive economic growth.
This collaboration between YTL Communications, RTM and Media Prima Group will create a vibrant and healthy ecosystem of content services, which will drive the growth of high skilled, high-income jobs, in line with government’s drive towards high-income economy, anchored in innovation.
About YTL Communications
YTL Communications is the communications arm of YTL Corporation. The Company plans to provide affordable, world-class services that improve the way people in Malaysia work, learn and play. With a strong financial backing from the parent company and the technological know-how from strategic, best-in-class partners such as Cisco, Clearwire, GCT Semiconductor, Samsung and Intel, YTL Communications will roll out a nation-wide 4G mobile Internet network in 2010. For more information please visit: www.ytlcomms.my.
About Media Prima
Media Prima Berhad (Media Prima), a company listed on the Main Board of Bursa Malaysia, is Malaysia’s leading integrated media investment group. It currently owns 100% equity interest in TV3, 8TV, ntv7 and TV9. In addition, Media Prima now owns more than 90% equity interest in The New Straits Times Press (Malaysia) (NSTP) Berhad, one of Malaysia’s largest publishers which publishes three national newspapers; the New Straits Times, Berita Harian and Harian Metro. Media Prima also owns three radio networks, Fly FM, Hot FM and One FM. Other cross media interests of Media Prima include content creation; event and talent management in addition to its outdoor media business represented by Big Tree Outdoor Sdn Bhd, UPD Sdn Bhd, Right Channel Sdn Bhd, Kurnia Outdoor Sdn Bhd and Jupiter Outdoor Network Sdn Bhd. The Group has strong online presence through its digital communications and broadcasting subsidiary, Alt Media, via the Lifestyle Portal gua.com.my and the newly launched TonTon.com.my, a cutting-edge video portal with HD-ready quality viewing experience that offers the individualism of customized content and interactivity of social networking.
Outside of Malaysia, Media Prima has a controlling stake in TV3 Network Ltd, Ghana’s leading private television station.
Primeworks Studios Sdn Bhd is the content creation subsidiary of Media Prima Berhad and Malaysia’s largest production company. Producing TV content since 1984 and feature films since 1994, it generates over 5,000 hours of TV content and 10 movies annually.
Primeworks business activities encompass content creation as well as content distribution and marketing. Content for the four commercial television channels in the Media Prima group – TV3, ntv7, 8TV and TV9 – constitutes a large part of the business and includes entertainment, magazine, documentary, drama and sports programmes. Flagship and popular shows include Anugerah Juara Lagu, Majalah 3, Nona, Explorace, Jalan Jalan Cari Makan, One In A Million, Mentor, Wanita Hari Ini, Melodi, Jejak Rasul and Aduan Rakyat.
Text of speech by Tan Sri (Dr) Francis Yeoh
Signing Ceremony between YTL Communications Sdn Bhd & RTM and the Media Prima Group
DATUK IBRAHIM YAHAYA
Director General, RTM
DATO’ AMRIN AWALUDDIN
Director of Group Managing Director, Media Prima Berhad,
DATO’ SRI MICHAEL YEOH
Director of YTL Corporation Bhd
Friends of the media,
Good morning and Salam 1Malaysia.
I am pleased to stand here this morning to deliver the news that YTL Communications is starting an exciting collaboration with both RTM and Prime Works of the Media Prima Group. Together, we will further enhance the local television experience and propel Malaysia into becoming a regional, digital broadcast hub.
Barely 4 weeks ago, we shared with you our plans to roll out the next generation TV service in Malaysia, with exclusive rights to broadcast throughout the region. Today, we have our first major partners in this endeavour – RTM and the Media Prima group.
Isn’t this great news for the local content industry and all of us alike?
RTM and Primeworks Studios’ programmes have such huge following in Malaysia. And now, their content will go regional and I am sure, it will catch on like wildfire.
On this note, I would like to personally thank both Dato’ Amrin and Datuk Ibrahim for their belief in YTL and our vision of building digital infrastructure in Malaysia. With this collaboration, content and technology are coming together to encourage those who have never felt the need to embrace broadband, to do so now. Here we are, working side by side to provide quality content and give relevance to all Malaysians to adopt broadband at a faster rate. This is what a true nation building exercise is all about.
Our next generation TV service is the most advanced, digital TV service. It brings together the best of traditional TV and Internet content. In fact, your TV is going to be so intelligent, it will automatically recommend, record and organize your favourite shows. It will tune to your wavelength. This is a continuation of YTL’s journey to bring Malaysians into the true digital edge.
This amazing journey starts with the launch of our Yes 4G Mobile Internet with Voice service, on November 19, which brings together the world of mobile Internet and voice communications.
Powered by a leading-edge 4G mobile Internet architecture, our Yes service will grow into a fully wireless quad-play service by 2011. Our customers will get mobile broadband, mobile voice, home TV and mobile TV, all in one account! Our beautiful Malaysia will be the most advanced wireless country in the world.
Ladies and gentlemen, under the agreement signed today, YTL will work towards hosting RTM and Media Prima Group’s channels and their existing quality local content on our next generation TV service. By doing this, together, we will make the Malaysian content available to the region.
We will also undertake to jointly create new productions for local and regional broadcast and in doing so bring a great value to consumers.
Those who have never felt the need to adopt broadband will now find the perfect reason to do so. We will transform TVs into computers, inspire Internet adoption, and bring the Internet to the masses as never before.
What I am most excited about is to enable our partners to bandwagon our innovative TV network to reach new customers and inspire whole new fan base.
As great as this sounds, this doesn’t end here. Our network is not only a platform for distribution of content but also new services from e-Commerce to social media. It will unlock new business opportunities and drive economic growth. We certainly will look to create more smart partnerships such as the ones we are announcing today.
Ladies and gentlemen, I am confident that our friendship with RTM and Media Prima Group will create a vibrant and healthy ecosystem that will also drive high skilled and high-income jobs. Totally in line with our Government’s strategy towards high-income economy, anchored on innovation!
YTL is about positive change. Amazing things happen when you say ‘Yes’!
Thank you and God bless you all.
Speech by Tan Sri (Dr) Francis Yeoh
Executive Chairman, YTL Communications Sdn Bhd
Carlton 5, Carlton Conference Center, The Ritz-Carlton, Kuala Lumpur
15 November 2010