SINGAPORE (March 28): mm2 Asia announced it has entered into a binding term sheet with Singapore Press Holdings (SPH) to establish a joint venture (JV) company to engage in digital editorial and video content creation.
mm2 and SPH will be operating a lifestyle, entertainment and news portal under the AsiaOne brand.
The JV company will have a paid-up capital of S$1 million, with mm2 holding a 51% equity interest in...(click on link for full story on theedgesingapore.com)