Chinese search engine Baidu Inc. signed a digital music distribution deal in China with a company backed by Universal Music, Warner Music, and Sony Music.
Chinese online video website Youku.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
China’s Ministry of Culture has published a notice stating that it will further clear the Chinese online music market and shut down irregular and illegal music websites.
