TORONTO, Jan. 23, 2013 /CNW/ - Asian Television Network International Limited
(ATN) (TSX-SAT) is pleased to announce that it now has its new state of the
art broadcasting facility in Markham in full operation. Now begins the
deployment phase under which plans are under way to take ATN's flagship ATN
channel to High Definition (HD) very soon. The tentative date set for going HD
is March 1, 2013.
Other changes some of which go to the core of the programming content
management are also under way under ATN's plans.
ATN's licensing agreement for rights to the ZEE TV Hindi programming expires
on 31 January, 2013. It would have automatically renewed but is not being
renewed following ATN's decision not to do so. The US affiliate of ZEE was
notified of that decision on October 28, 2012.
'We have had a very long relationship with ZEE TV and a happy and mutually
rewarding one at that, 'said Dr. Shan Chandrasekar, President and CEO of ATN.
'The decision not to have that continue was not an easy one, 'he continued and
went on to explain that 'we felt that with programming content from both STAR
PLUS and from ZEE TV, we had a situation where we were unable to do justice to
either one and from sheer lack of air time had to miss out some very
compelling programming contents'. Dr. Chandrasekar also observed that ATN's
positive relationship with ZEE TV is still going to continue relating to the
exclusive rights acquired by ATN in the programming content of ALPHA ETC
ATN'srelationship with STAR PLUS continues and shall continue to grow going
forward with more of STAR PLUS programming content aired on the ATN channel as
well as with better exposure for shows such as Nach Baliye, Veera, Saathiya
Saath Nibhaana, Yeh Rishta Kya Kehlata Hai, Pyar Ka Dard Meetha Meetha Pyara
Pyara and many more new reality shows.
ATN sees this as an opportunity and the freedom to join and to be part of the
brave new cultural world and not only the opportunity to partake in that but
also to contribute to that, even while firmly positioned with the security of
its main stay of the first rate quality programming of STAR PLUS owned by a
multinational broadcast company News Corp.
ATN plans to introduce Canadian Television Premiers of high caliber Indian
Movies; and engage in production and exhibition of Canadian feature films
based on South Asian themes; and produce and feature South Asian Canadian
dramas in Hindi, Punjabi, English and Tamil and also invest in Canadian
ATN is rolling out more channels and expanding and upgrading its operations
and shall need to relate to those under a separate press release, which is to
About Asian Television Network International Limited
ATN (TSX-SAT) serves Canada's Asian community with 35 premium specialty
television channels. ATN offers its flagship general interest service, several
Bollywood movie channels with 800 movies a month, sports channels, news
channels, music channels, a lifestyle channel, spiritual channel and several
Regional Language channels. ATN operates the only South Asian RadioService
on XMacross The United States and Canada. ATN is also the first and only
broadcaster in Canada to deliver South Asian Content on a Mobile Platform in
Canada. ATN has programming alliances with leading international broadcasters
For more details on ATN visit www.asiantelevision.com
Neither the Toronto Venture Exchange, nor its regulation services provider (as
that term is defined in the policies of the exchange), accepts responsibility
for the adequacy or accuracy of this release
Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict,
including the risk that the Company may in future change its dividend policy.
Actual results might differ materially from results suggested in any
The Company assumes no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those reflected in
the forward-looking statements unless and until required by securities laws
applicable to the Company. Additional information identifying risks and
uncertainties is contained in filings by the Company with the Canadian
securities regulators, which filings are available at www.sedar.com.
K. Classen CFO Asian Television Network International Limited Markham, Ontario
L3R 8E4 905-948-8199
SOURCE: Asian Television Network International Limited
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-0- Jan/23/2013 21:59 GMT
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