Ku6 to Unveil Paid Services

DoNews, 5/14/10

Yao Jianjiang, VP and director of interactive entertainment for Shanda Interactive's (Nasdaq: SNDA) online video site Ku6, has said that after integrating all of its video and music media resources, Ku6 will make use of Shanda Online's payment system to introduce a new fee-based live broadcast model. Yao said Ku6 will begin to sell virtual items including "concert e-tickets."

Yao also said that Ku6 had already begin work on acquiring film rights and purchasing high-quality bandwidth, both areas of strategy laid out in the company's "Three One Hundred Millions" plan for 2010. By the end of the year, Ku6 may have purchased as much as 1,000 Gbps of bandwidth.

Keywords: Shanda Yao Jianjiang Internet online video Ku6 SNDA Shanda Online

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