Ku6 UGC Providers Earn RMB 20 Mln in 2012 Revenue Share

DoNews, 12/25/12

Jeff Shi (Shi Yu), CEO of Shanda Interactive's online video subsidiary Ku6 (Nasdaq: KUTV), today announced that user-generated content (UGC) providers received nearly RMB 20 mln in revenue share in 2012.

Ku6 currently has 250 mln monthly unique visitors, with peak daily uploads reaching 200,000 videos, licensed UGC videos exceeding 20,000, and its total collection of short videos exceeding 70 mln. VP Chen Hao disclosed that beginning next year Ku6 will expand its brand awareness efforts and expects the total number of short videos to reach 100 mln, continuing its UGC strategy.

Editor's Note: For more information on this topic, please see "Ku6 Introduces UGC Contributor Support Plan," MD 11/27/12 issue.

Keywords: Internet traffic Chen Hao Internet online video Ku6 revenue share UGC KUTV Jeff Shi

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