Netcom Announces New Online Video Service

Netease Tech, 4/22/08

China Netcom (NYSE: CN; 0906.HK) has announced its plan to enter the online video market, with a P2P based, video-on-demand (VOD), online video content service. Netcom stated that it hoped to provide an open platform for new media and content provider partners, with deputy chief engineer Zuo Feng calling on broadcasting regulators and state-owned and private content providers to join Netcom's partnership program to implement prior-approval checks, making it easier to monitor content. At the same time, because partners had a better understanding of online video regulations, communication with relevant government departments would be easier.

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