Saturday, January 14, 2006

Media Live/CMP - the Asian angle

How the mighty are fallen. I recall 10 years ago sitting in meetings with the Softbank team who had just paid goodness knows what for the Comdex and Networld+ Interop portfolios. They were going to take over the world and we would be privileged to assist them in the process.

CMP's $65 million acquisition of the remnants is an interesting one and we shall watch with interest to see what the company chooses to try to retrieve. We note that Hiroyuki Sugano will join CMP and continue to run MediaLive's Japanese operations. That marks yet another step in Japan for the company where it has been quietly building up quite an interesting portfolio over the last several years.

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