VisionChina buys out Digital Media

VisionChina Media is set to acquire Digital Media Group, a provider in China's subway mobile television advertising market, reports Reuters.

The $160-million acquisition is expected to set off the largest mobile television advertising network in China.

The combined company will also have exclusive subway networks in eight cities in China, including all four of China's Tier I cities, Beijing, Guangzhou, Shenzhen and Shanghai, as well as on Hong Kong's Airport Express line.

British Sky Broadcasting is set to roll out a subscription-only online music service for the UK market next week, states The Wall Street Journal.

The move is expected to challenge both Internet music stalwarts such as Apple iTunes and upstarts such as Spotify.

The service, known as Sky Songs, will roll out in Britain on 19 October. Users who do not have to be existing customers of Sky's satellite-TV service to participate, can choose to purchase songs as downloadable MP3 files or listen, with unlimited ad-free access, to a streaming library of more than four million tracks.

The Indian information and broadcasting ministry reveals that the Headend in the Sky (HITS) policy, which would ensure high-quality transmission, will be unveiled soon, says Business Standard.

HITS involves delivery of digital television signals directly to cable operators via satellite. Cable operators then pass on the digital channels to consumers, using cable lines.

Once the policy is cleared by the government, cable households in the country would be able to access high-quality digital transmission.