It is located at Mediapolis@one-north where the Singapore Government intended the country's first digital media hub to be, and where emerging media technologies, content, services and applications will be developed, produced, financed and distributed to the world, ST Telemedia and StarHub said. "MediaHub will be a key facility for StarHub," said its chief executive officer Tan Tong Hai (pic). "This partnership with ST Telemedia will significantly reduce our capex (capital expenditure) commitment as we will own only 30% of MediaHub. "As we have paid for the land and made some progressive payments for the construction, this transaction is not expected to have a material impact on StarHub's financials for 2015," he added.