Joy.cn CEO Denies Cooperation with YouTube

Tencent Tech, 6/08/10

Lv Wensheng, CEO of Chinese video site Joy.cn, has responded to rumors that Joy.cn would partner with YouTube on the site's entry to the China market, saying that the two companies had not formally decided on any partnership. Lv did say that YouTube's product manager and other staff had paid a visit to Joy.cn, but that the two companies engaged in discussion about the state of the industry, rather than discussing possible cooperation.

Joy.cn's marketing division said that this April, Joy.cn and YouTube reached a tentative agreement of intent regarding content partnerships, marking a preliminary "exploration" prior to YouTube's arrival in China.

Lv said he thought that any attempt by YouTube to enter the China market would be unlikely to succeed.

Keywords: market entry Internet Joy.cn YouTube Lv Wensheng online video

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily