China’s Phoenix New Media Announces IPO Plans

Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.

China’s CNTV.cn, CCTV.com To Realize Unified Operation In Late May

Xia Xiaohui, deputy general manager of China Network Television (CNTV), revealed during an Internet economy development forum in the Yangtze River Delta that CNTV.cn and CCTV.com will be merged at the end of May 2010 and CCTV.com will become a sub-brand of CNTV.cn.

Xinjiang Removes Firewall Around 27 Additional Chinese Websites

According to information from the press office of Xinjiang Uyghur Autonomous Region, to meet local people’s demands for Internet, the region started to reopen 27 widely used and popular websites from February 6, 2010.

Baidu Begins New Internet Video Enterprise In China

Chinese search engine firm Baidu Inc. is launching a new company to provide advertising-supported online video services in China.