<- November 19, 2009 ->

Featured Articles

Giant Pays RMB 49 Mln for TV Ad Time-Slot

Sina Tech, 11/19/09

State-run broadcaster CCTV's "Golden Resource Advertising Auction" of prime-time advertising slots for 2010 has attracted more than RMB 10.9 bln in bids, up RMB 1.71 bln, or 18.47%, over last year. Read More...

Sohu Sued By Online Video Firms as Youku Trial Begins

National Business Daily, 11/19/09

Beijing's Haidian District People's Court began hearing Chinese online video-on-demand provider Voole's IPR infringement lawsuit against online video-sharing platform Youku on November 17. Read More...

China Issues New Rules on Radio, TV Royalties

China Business News, 11/19/09

China's State Council has issued new regulations concerning standards and practices for royalty payments for recorded content broadcast on radio and television stations, to go into effect on January 1, 2010. Read More...

Singapore's GIC Purchases 5.4% Stake in Shanda Games

Sohu IT, 11/18/09

Government of Singapore Investment Corporation (GIC) has acquired 4.4 mln shares in Shanda Games (Nasdaq: GAME) for approximately USD 47 mln, giving GIC a 5.4% stake in the game developer. Read More...

Montnets Receives RMB 35 Mln in Funding

China Venture, 11/19/09

Shenzhen-based WVAS developer Montnets Technology announced today that it has received RMB 35 mln in venture capital from Tiantu Capital, Green Pine Capital Partners, and the American/Indonesian Xiong Group. Read More...

Online Recruitment Site Job36 Obtains Funding

Techweb, 11/19/09

Wang Liang, CEO of Chinese online recruitment site Job36.com, reportedly completed an agreement with Jin Haitao, chairman of Shenzhen Capital Group, for a new round of funding from eight investors. Read More...