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Shanda, Cloudary Form Joint Ventures with Wasu Digital Television Media

DVB CN, 8/11/11

Chinese online game developer and operator Shanda Games (Nasdaq: GAME) and fellow Shanda Interactive (Nasdaq: SNDA) subsidiary Cloudary both recently established joint ventures with Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group. The companies signed strategic partnership agreements to establish two JVs focused on providing games and online literature content for broadcast and distribution on IPTV, 3G mobile TV, and internet networks.

Keywords: Shanda Shanda Games Internet IPTV television online literature SNDA DTV 3G Wasu Cloudary GAME online gaming mobile phone TV

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