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Oriental Pearl, Qihoo 360 Partner on Mobile Internet Business
Oriental Pearl, 12/19/15
Shanghai-based media firm Oriental Pearl Media (600637.SH) has announced the formation of a strategic partnership with Chinese internet services and security software provider Qihoo 360 (NYSE: QIHU) to develop a joint brand, BesTV 360, that focuses on mobile internet. Read More
Online Ad Tracking Firm Miaozhen Completes USD 50 Mln Series D Funding
Sohu IT, 5/11/15
Beijing-based online ad tracking system provider Miaozhen Systems has announced that the company has completed USD 50 mln Series D funding led by Primavera Capital Group. Read More
China's SAPPRFT Tightens Regulations on OTT Set-top Boxes
Sohu Tech, 2/09/15
China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) has tightened its regulations on over the top (OTT) Internet TV set top boxes (STB) with several manufacturers failing to gain approval over the last several months. Read More
Alibaba to Invest in Merged BesTV+Oriental Pearl Media Firm
21st Century Business Herald, 9/25/14
According to an investor in Chinese media conglomerate Shanghai Media Group (SMG), e-commerce giant Alibaba Group (NYSE: BABA) will make an RMB 9-digit strategic investment in an unnamed publicly traded media company. Read More
Update: SMEG to Merge BesTV and Shanghai Oriental Pearl
21st Century Business Herald, 9/18/14
Chinese media company Shanghai Media & Entertainment Group (SMEG) has announced that the company will merge two of its subsidiary companies, TV service operator BesTV New Media (600637.SH) and media company Shanghai Oriental Pearl Group (600832.SH), as well as carry out a non-public share issuance for the newly merged company. Read More
Rumor: SMG, SMEG Poised to Complete Merger
Sarft.net, 3/25/14
Chinese media companies BesTV New Media (600637.SH) and Shanghai Oriental Pearl (Group) (600832.SH) both announced suspension of trading in their respective company shares beginning on March 24, with trading to resume following company announcements. Read More
Rumor: BesTV to Finance SMEG, SMG Planned IPO
Lmtw.com, 2/19/14
Shanghai Media Group subsidiary BesTV New Media (600637.SH) has announced the suspension of trading in the company's shares beginning on February 19, due to uncertainty caused by planned equity incentives from the company's board of directors. Read More
China Telecom, Aishang Dianshi Partner on IPTV Business
Lmtw.com, 11/19/13
Aishang Dianshi, a joint venture between Shanghai Media Group subsidiary BesTV New Media (600637.SH) and China Central Television's (CCTV) national online TV station CNTV, signed a partnership agreement today with China Telecom (NYSE: CHA; 0728.HK) to cooperate in the roll-out of IPTV platforms, networks, content, and services. Read More
BesTV Increases Stake in P2P Video Site Funshion to 54%
Shanghai Stock Exchange, 8/15/13
Shanghai Media Group subsidiary BesTV New Media (600637.SH) has increased its investment in Beijing-based Funshion Online Technologies, operator of P2P-based online video site Funshion.com. Read More
BesTV to Acquire 7FGame
Shanghai Stock Exchange, 7/22/13
Shanghai Media Group subsidiary BesTV New Media (600637.SH) has announced in a regulatory filing that the company is engaged in preliminary negotiations with Shanghai-based online game developer and operator Qifan Digital Technology (7FGame) over the possible acquisition of 7FGame. Read More
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