Searching for "Hunan Broadcasting System"
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TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Chengdu-based projector TV manufacturer XGimi Technology recently completed Series C funding led by Chinese internet company Baidu's (Nasdaq: BIDU) investment arm Baidu Ventures. Read More
Changsha-based Kuaile Yangguang Interactive Entertainment, operator of online video platform Mango TV, is reportedly undergoing its second round of funding and has solicited investments from various companies totaling RMB 20 bln, according to a source familiar with the matter, but the company will only choose a few investors to participate in this round. Read More
Mangguo TV (Mango TV), online video platform of Hunan Satellite TV and Hunan Broadcasting System operated by Kuaile Yangguang, has reportedly completed RMB 1 bln in Series A funding with China Mobile (NYSE: CHL; 0941.HK) as the primary investor, according to a source in investing circles. Read More
According to an industry source, Beijing-based social networking site operator Renren (NYSE: RENN) will sell its online video platform 56.com to internet firm Sohu (Nasdaq: SOHU) for USD 12.90 mln. Read More
According to an industry insider, Mango TV, the online video platform of Hunan Broadcasting System and Hunan Satellite TV, plans to acquire 56.com, the online video sharing site of Beijing-based social networking site operator Renren (NYSE: RENN). Read More
Following recent initiatives launched by China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) to regulate China's internet TV integrated broadcast and control platforms, Mangguo TV (Mango TV), the online video platform of Hunan Broadcasting System and Hunan Satellite TV, has sent a letter to its cooperative partners (both platform operators and device manufacturers) with the following requests, to be completed by July 19: 1. Read More
According to an industry source, Chinese e-commerce conglomerate Alibaba Group's Alibaba Cloud Computing ("AliCloud") subsidiary plans to release an internet TV set-top box (STB), called "AliBox" (unofficial translation), allowing multi-screen interaction and online shopping through users' TV sets. Read More
Shineshow, a film and television production JV owned by Chinese online media and game operator Shanda Interactive and Hunan Broadcasting System predecessor Golden Eagle Broadcasting System (GBS), announced recently that it will partner with CNR Mobile, China National Radio's IPTV and mobile operator, on a "Shineshow M-Maker Micromovie" section of CNR Mobile's service, offering more than a dozen micromovies to subscribers of all three mobile telecom operators. Read More
An industry source revealed recently that Ouyang Changlin, director of Hunan Broadcasting System (HBS), will retire at the end of this year, after which he will be replaced as chairman of HBS's new media and TV production subsidiary Mango Media by Chen Gang, who will also serve as the company's Party secretary. Read More