Nov 18, 2011
Chinese online media provider and game operator Shanda Interactive's (Nasdaq: SNDA) wholly owned online literature subsidiary, Cloudary Corporation, and Shandong Satellite TV have signed a strategic memorandum to cooperate on organizing a screenwriting competition, establishing a screenwriters' studio, and co-producing films and TV shows.
Appearing at the 2011 Cross-Straits Summit on TDD-based Mobile Broadband Technology Development and Partnerships in Guangzhou today, China Mobile (NYSE: CHL; 0941.HK) Party secretary and vice chairman Xi Guohua revealed that the operator would set up between 10,000 and 20,000 new TD-LTE base stations during the first half of 2012.
According to recent figures from Beijing-based cable and broadband operator Gehua CATV Network (600037.SH), the operator has single-day viewing records of 3.06 mln subscribers for HDTV viewing, 1.03 mln subscribers for time-shifted playback, and 330,000 subscribers for on-demand programming.
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