New MediaWorks COO eyes 50% of TV advertising market
November 21, 2000 - SPH MediaWorks Limited (MediaWorks)
welcomed on board its Chief Operating Officer (COO) of Media Business
Group, Melvin Ang, on November 15. In this position, Melvin is responsible
for all business and marketing activities for the new TV channels.
He heads up four business units within the Media Business Group:
Business Planning & Operations, Corporate & Business Communications,
Integrated Media Business and Product Planning & Development.
Melvin Ang brings with him more than 15 years experience in business
development and marketing, of which three were spent at Television
Corporation of Singapore (TCS). Early this year, Melvin left TCS
to join novaSPRINT Pte Ltd as Chief Business Development & Marketing
Officer cum Group Executive Vice President. The challenge of a new
and dynamic broadcast company has proved irresistible for Melvin,
who cited Mr Lee Cheok Yew, Chief Executive Officer of MediaWorks,
and his plans for the company as deciding factors for his joining
the team.
Said Melvin, 'We are going head-to-head with the competitor and
we are aiming for 50% market share of TV advertising expenditure.
With the launch of TV Works and Channel U, consumers and advertisers
will have more choice, and we expect that competition will actually
help to grow the market."
TV Works is the English television channel of MediaWorks and Channel
U is its Chinese counterpart. The two channels will be launched
by mid 2001.
To achieve this target, Melvin plans to adopt a fresh approach
to delivering value for money to advertisers. Barely a week in his
new position, he is busy visiting advertisers and agencies to share
with them MediaWorks' business and airtime pricing policies. By
doing so, he hopes to foster close working ties with the market.
'My team will do more than service advertisers as clients. We intend
to become their business partners so that advertisers, advertising
agencies and us can work towards the common goal of maximising their
advertising dollar,' Melvin added.
Moving from the traditional way of charging for airtime, MediaWorks
offers a flexible and accountable method of pricing airtime, instead
of charging fixed rates, so that advertisers pay only for the value
and exposure that their TV commercials receive.
'Our pricing strategy is a testament of our faith in the quality
of our programmes. Airtime charges are tied to viewership and advertisers
are charged based on the actual number of viewers for their advertisements,"
Melvin stressed.
"We also do not require separate accreditation from advertising
agencies who are already accredited to SPH. This means current agencies
accredited with SPH can do business with MediaWorks immediately
without the hassle of getting any accreditation or satisfying certain
business requirements which is today a market norm for agencies
before they are eligible to do business with major media owners."
"In addition, MediaWorks is going to focus on the strength
of integrated media so as to enhance value for its customers. MediaWorks
will be developing its own radio and Internet platforms in the near
future and will at the same time be working very closely with its
parent company. SPH, to develop cross media product strategies for
the marketplace."
With Melvin on board, the management team at MediaWorks, led by
Mr Lee Cheok Yew, which now includes Chief Financial Officer, Mr
Cheng Shoong Tat; COO of Chinese Media and Entertainment, Mr Man
Shu Sum; and COO of English Media and Entertainment, Mr Jamal Hassim,
is now complete and ready to take on the competition aggressively.
Issued by Singapore Press Holdings Limited.
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