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Youku Licenses Content to Wasu Media for Cable and IPTV Broadcasting
Wasu Media, 6/26/18
Zhejiang-based new media and cable TV network operator Wasu Media Holding (000156.SZ) has announced its wholly owned subsidiary Wasu Media Networks has reached a partnership agreement with Alibaba Group's (NYSE: BABA) online video platform Youku Tudou which will grant Wasu Media the national cable DTV and IPTV broadcasting rights for Youku's video content. Read More
Co-working Space Distrii Completes RMB 150 Mln Series A+
ChinaNews, 6/13/18
Shanghai-based co-working space operator Distrii Technology Development announced today the completion of RMB 150 mln in Series A+ funding following up on nearly RMB 200 mln in Series A funding completed in September 2017. Read More
Six Leading Chinese Cable TV Operators Form Cable Broadband JV
Hubei Radio & Television, 7/19/17
Beijing-based cable TV network operator Gehua Cable TV Network (600037.SH) and Hubei Radio and Television Information Network (000665.SZ) recently announced plans to establish a cable broadband joint venture, which is temporarily called the "China Broadcasting Broadband Operating Company." Read More
Leshi Cloud Secures RMB 1 Bln Series A Funding
DoNews, 3/03/16
Data processing and software development firm Leshi Cloud Computing, a subsidiary of Chinese online video and internet TV content provider Leshi Internet Information and Technology (LeTV) (300104.SZ), today announced completion of RMB 1 bln Series A funding led by state-owned Chongqing Industrial Investment Fund. Read More
Shaanxi Broadcast & TV to Raise RMB 955 Mln for Network Upgrade
Shaanxi Broadcast, 6/16/15
Ad agency services provider and cable TV network operator Shaanxi Broadcast & TV Network Intermediary (600831.SH) has announced a plan to raise up to RMB 955 mln through a private offering of 52.44 mln newly issued shares priced at RMB 18.21 per share to five designated investors. Read More
Gehua, Qihoo 360, Private Equity Firm Ally on Video, Smart Home Businesses
Gehua, 4/26/15
Beijing-based cable and broadband operator Gehua CATV Network (600037.SH) recently revealed that it has signed a strategic agreement with internet services and security software provider Qihoo 360 (NYSE: QIHU) and Shenzhen-based Jinzhuan Silu Capital Holding to partner on value-added technology, video, and telecom business. Read More
Rumor: China Unicom, China Telecom to Merge
Sina Tech, 2/12/15
According to a rumor on Chinese microblogging platform Weibo (Nasdaq: WB), China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) will merge, as will China Mobile (NYSE: CHL; 0941.HK) and national cable TV operator China Radio and Television Network as part of efforts to tackle surplus capacity in the telecoms industry. Read More
Hunan TV & Broadcast H1 2014 Profit Down 15% YoY
Hunan TV & Broadcast Intermediary, 8/27/14
Chinese TV program production and distribution firm Hunan TV & Broadcast Intermediary (000917.SZ) has announced its financial results for the six months ended June 30, 2014. Read More
Hunan TV & Broadcast to Acquire Mobile Ad Firm EWing
Hunan TV & Broadcast Intermediary, 8/27/14
Provincial cable TV operator Hunan TV & Broadcast Intermediary (000917.SZ) has announced plans to acquire a 51% stake in mobile advertising firm EWing Information Technology for RMB 167.4 mln in an effort to expand the company's mobile internet new media business. Read More
Hunan TV & Broadcast to Acquire 45% of Cloud Computing Firm Wootide
Hunan TV & Broadcast Intermediary, 8/27/14
Provincial cable TV operator Hunan TV & Broadcast Intermediary (000917.SZ) has announced plans to acquire a 45% stake in Jiangsu-based M2M and cloud computing solutions provider Wootide Technology for RMB 122.7 mln in a move to develop the company's traditional and new media businesses. Read More
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