SMC Establishes New Media Company

Sina Tech, 9/09/10

On September 8, Chinese media firm Southern Media Corporation (SMC) established a new media company. SMC president Zhang Huijian said that the establishment of the new company was a major component of SMC's development strategy for the year. According to Zhang, the new company will be tasked mainly with development in the area of mobile TV. SMC has already secured all necessary new media licenses, including those for mobile and online TV, and is partnering with major media companies in China and abroad, including Reuters and AFP, for content to provide to mobile subscribers. SMC will work closely with China Mobile (NYSE: CHL; 0941.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) on operations.

Keywords: online video mobile video Zhang Huijian China Mobile China Unicom television CHL Southern Media Corporation 0762.HK 0941.HK 600050.SH CHU mobile phone TV

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