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Searching for "New Culture Media"
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New Culture Media to Decrease Investment in Baidu Video Spin-off
New Culture Media, 11/03/16
Shanghai-based film and TV content production company New Culture Media Group (300336.SZ) has announced that it will reduce its originally planned investment in Xiaodu Huyu Technology, the firm spun off from Chinese internet company Baidu (Nasdaq: BIDU) to operate online video platform Baidu Video. Read More
Baidu Video to Be Spun Off, Secures RMB 1 Bln Funding
Tencent Tech, 4/20/16
Chinese internet company Baidu (Nasdaq: BIDU) recently announced that its online video platform Baidu Video will be spun off as an independent company and has secured nearly RMB 1 bln funding led by Shanghai-based New Culture Media Group (300336.SZ) with participation by SAIF Partners. Read More
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