Chinese mobile phone retail channel provider D.Phone and Letv have reached a strategic deal with total value of CNY2 billion. …
Chinese smartphone maker Xiaomi announced that the company plans to invest USD10 million to purchase shares of Youku-Tudou from the secondary market, which will enable the playing of Youku-Tudou contents on Xiaomi devices. Xiaomi will also buy Youku-Tudou shares from the open market. The two parties will make a joint investment of an unknown sum […]
According to data from the Beijing Administration for Industry and Commerce, Letv has registered a new company named Letv Mobile Smart Information Technology (Beijing) Company Limited, with registered capital of CNY20 million. The business scope of this new company covers production and development of mobile phones and sales of communications devices, electronic products, mechanical equipment, […]
Chinese Internet video company Letv.com is buying a 100% stake in Dongyang Huaer Entertainment Media Co. Ltd. for CNY900 million. After the acquisition, Liu Hong, chief executive officer of Letv.com, will become chairman and general manager of Huaer Entertainment. Liu will control the operating planning and business direction of the company to realize its coordination […]
In the face of massive competition from state-owned businesses, stalwarts like Youku Tudou, and mobile-only start-ups, Chinese Internet video website Letv.com says it’s profits are bursting. Letv.com published its unaudited annual performance pre-announcement for 2013, stating that the company expects to see net profit between CNY250 million and CNY270 million, a year-on-year increase of 30% […]
Internet video group Youku Tudou has reportedly reached a multi-year content agreement with the British media company FremantleMedia. FremantleMedia is the producer and distributor of many popular TV shows, including The X Factor USA and America’s Got Talent. According to FremantleMedia, some 202 hours of programming will be available on Youku Tudou’s VOD channels. Those […]
Tang Xing, chief technology officer of Iqiyi, revealed that the technical integration of Iqiyi and PPS has entered the final CDN and P2P integration and optimization stage, and it is expected to be completed this summer.
Chinese Internet company Tencent announced that Liu Chunning, former general manager of the online video business at Tencent, has resigned due to undisclosed personal health reasons, and Sun Zhonghuai, vice president of Tencent, will take over the duties.
Liu Hong, co-founder and chief operation officer of Letv.com, revealed to Chinese local media that Yuan Bin, former vice president of online video website Iqiyi.com, has joined the company as co-CTO.
Chinese Internet video website Letv.com announced that it is working with Foxconn in the establishment of a joint venture for the production of super TVs and set-top boxes, which are expected to be formally launched in the third quarter of 2013.
Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to support the development of TV applications.
Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.
Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.
Chinese Internet video website Youku.com has received its Internet Publication License issued by the General Administration of Press and Publication of China.
Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.
Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped.
Ericsson’s roadshow for its integrated TV solutions has been officially started in Shanghai and this activity will cover 12 cities in China, showcasing the company’s latest technologies and solutions for integrated TV.
TVMall, China’s first online store based on the IPTV platform, has been launched.
Chinese video website Youku.com has announced that it has reached an agreement with the South Korean television station SBS to buy all TV series produced by the TV station.
