Jps1978

This is my user page...yay. Jps1978 (talk) 16:33, 29 October 2008 (UTC)

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Clive Ng

Clive Ng (born 1962, Malaysia) is a media sector financier and executive. He has focused primarily on Asian business opportunities and has been instrumental in several joint-venture partnerships between American companies and Asian firms, particularly during the internet and e-commerce boom of the late 90s and early 2000s. He has also been a founding shareholder in Asian new-media firms such as MTV Japan and E*TRADE Asia.

Currently, he is founder and Executive Chairman of China Cablecom Holdings.

Career

Ng’s work in Asian media began in the mid-1990s, as a proliferation of satellite space and a spate of programming piracy during this time inspired huge efforts by many mass media firms, most notably Rupert Murdoch’s News Corp., to develop presences in Asian media markets.

Wilton Group, PLC

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Working as deputy chairman of Wilton Group, PLC, a former consumer goods distribution firm based in London, UK, that transitioned to media and entertainment investment and finance, Ng spearheaded the company’s entry into Asian media markets.

In a 1994 joint-venture partnership with Hong Kong–based Shaw Brothers Ltd (formerly Shaw Media Corp. and owners of Shaw Brothers Studio, Hong Kong’s largest film production company), Ng’s Wilton team financed the establishment of a Chinese-language satellite television channel for Chinese-speaking communities in Europe called Chinese Channel. It was the first European network of its kind, broadcasting programs primarily produced by Hong Kong Television Broadcast Ltd, the world’s largest Chinese-language entertainment producer at the time.

Later in 1994, Ng acquired for Wilton a 20% stake in the Asian interests of Denver-based cable television operator United International Holdings (now Liberty Global), with which Ng had worked previously while managing a Denver investment fund. He then brokered a deal between UIH and United Artists Theatres, then the United States’ largest movie theatre operator, to open a series of cineplexes in key cities in Asia. The first was in the Bugis Junction shopping mall in Singapore, followed by six other locations.

Pacific Media, PLC

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In the late 90s, Wilton Group became Pacific Media, PLC. Ng was appointed CEO in 1999, when the company was experiencing a period of financial turmoil. Soon after his appointment as CEO, While working for Pacific Media, Ng negotiated an investment deal with Hong Kong Supernet, an Asian internet provider, that precipitated a 1.89m HKP surge in pre-tax profits, greatly bolstering the financial health and reputation of the company.

Upon being named CEO, Ng transformed Pacific Media into a "shell" company and used it to invest in new Asian internet ventures beginning in 2000. He secured financing from American investment bank Credit Suisse First Boston, and set forth a £70 million plan.

One major result of these “shell” investments was the acquisition of internet company Asiacontent.com, which went public during the bursting of the dot-com bubble in April 2000 to become one of the first Asian IPOs to be listed on NASDAQ.

Prior to going public, in January 2000, Ng, with funding from Goldman Sachs, had shepherded Asiacontent into a joint venture with NBC Internet Inc (or NBCi), then the Internet arm of the American television network NBC, to create a series of websites in South Korea, Hong Kong, Singapore, Malaysia and Taiwan that would combine search engine functionality, news feeds and shopping links into sites similar to those of Yahoo!, the worldwide leader at the time. This came on the heels of similar successful NBCi ventures in Italy and France.

Under Ng’s tenure as Chairman of Asiacontent, the company also entered into many other major joint ventures in Asian media markets. Asiacontent soon became the largest distributor of global content in Asia.

Among the partnerships were:

• DoubleClick Inc., an internet advertising network which sold online advertising space to marketers. The venture formed a new company DoubleClick Asia, in an effort to capitalize on a late-90s Asian internet advertising boom.

• MTV Asia, the television networks Asian arm, and MTVi Group, its interactive division. The partnership with Ng's Asiacontent created new Chinese and Korean web presences for MTV.

• CBS Sportsline, which joined with Asiacontent to create a network of sports-related websites throughout Asia, including Singapore and Korea.

• CNET and Asiacontent produced a series of Asian-language CNET sites across the region.

• Licensing agreements to bring E!Online and France’s Fashion TV to Asia.

Toward the end of 2000, amid the souring tech economy, Ng and Asiacontent Chief Executive Chris Justice expanded the company with an Internet solutions arm called Asiacontent Solutions, which offered web development and content management services for the Asian web presences of companies such as Sun Microsystems, Hachette Filipacchi, and L’Oreal.

In the years after the bursting of the dot-com bubble and ensuing stock market turmoil, Pacific Media soon became financially troubled. Media firm MediaXposure then invested $20 million in the flagging company in 2003 to keep it operational through the first quarter of 2004. In late 2006, after Pacific Media had regained its financial stability, Ng resigned from Pacific Media’s Board of Directors to pursue other interests.

8 Holdings

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After leaving Pacific Media, Ng formed his own investment holding company, 8 Holdings, which specialized in mergers and acquisitions of Asian media companies. In 8 Holdings' largest deal, Ng joined in 2005 with Harlan Kleiman, former head of programming for US cable television network HBO, to coordinate investors in the acquisition of Chinese television advertising company China Media Network by Metaphor Corp. Ng was named CEO of Metaphor Corp. as part of the acquisition.

Investment in Feature Films

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Ng has also invested in major motion pictures directed by Oliver Stone, including 1993's ''Heaven & Earth'', the final in Stone's trilogy of films focused on the Vietnam War; and 1994's ''Natural Born Killers''.

China Cablecom

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Ng is currently founder and Executive Chairman of China Cablecom Holdings, a Chinese-American joint-venture operator of consolidated cable television networks in the People’s Republic of China, that was incorporated on October 6, 2006. In September 2007, China Cablecom acquired a cable television network in Binzhou, Shandong Province.

In October of 2007, Ng's company merged with a New York–based SPAC, Jaguar Acquistion Corporation, in an effort to go public and be listed on the NASDAQ Capital Market. The company gained approval for NASDAQ trading in July 2008, and began trading on July 30, 2008. .