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Oriental Pearl to Sell Stakes in Two Subsidiaries
Sarft.net, 11/25/13
According to a release from the Shanghai Stock Exchange, Chinese media company Shanghai Oriental Pearl (600832.SH) has put its 31% stake in cable TV operator Taiyuan Cable TV Network up for sale at a price of RMB 140 mln. 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
Xiaomi Internet TV STB to Resume Video Content Service
Tencent Tech, 1/23/13
Beijing-based handset and set-top box (STB) developer Xiaomi has announced that its Xiaomi Hezi ("Xiaomi Box") STB will resume provision of video content services to customers next week. Read More
Rumor: Production of TV Serials Plummets in China
Southern Metropolitan News, 8/07/12
An industry source claimed recently that following State Administration of Radio, Film and Television (SARFT) diktats issued this month and in December 2011 restricting TV drama airtimes, the number of new TV serials being shot in China this year has dropped to one-third of 2011 volumes. Read More
China Mobile Sets Up Internet TV R&D Group
Lmtw.com, 7/06/12
China Mobile (NYSE: CHL; 0941.HK) recently established an internet television project group that will focus on R&D for internet television services tailor made for China Mobile. Read More
Oriental Cable Establishes Smart Terminal Developers Alliance
CCTime, 6/21/12
Song Xuhong, deputy director of the chief engineering office at Shanghai Media Group (SMG) cable TV subsidiary Oriental Cable Network, revealed recently that OCN has established a core developer alliance through its NGB and smart terminals workgroup, in hopes of promoting the establishment of standards for the smart broadcast terminals industry. Read More
BesTV, Funshion Cooperate on Internet TV STB
iFeng, 5/28/12
Luo Jiangchun, CEO of Funshion Networks, stated recently that the Beijing-based P2P online video player maker is working with Shanghai Media Group (SMG) on R&D for an internet TV set-top box (STB). Read More
G-Lot, SMG to Launch Lottery TV Channel
Sohu, 2/03/12
Shenzhen G-Lot Technology, a subsidiary of Hong Kong-based lottery software provider China Netcom Technology Holdings (8071.HK), recently signed an agreement with Shanghai Media Group's (SMG) lottery TV channel operator Jinse Pingdao Media to establish an interactive TV lottery joint venture. Read More
CNTV, BesTV Partner on IPTV Platform Operations
CCTV, 2/02/12
Shanghai Media Group's (SMG) IPTV subsidiary BesTV New Media (600637.SH) has announced that BesTV, along with SMG and SMG subsidiary Radio and Television Shanghai (RTS), has signed an IPTV broadcast and control platform cooperation agreement with CCTV's national online TV station CNTV. Read More
Chinese TV Stations Lengthen Ad Breaks Between TV Drama Episodes
Xinhuanet, 1/04/12
China's TV stations have recently begun lengthening TV advertising breaks between TV drama episodes, holding sweepstakes, and using other methods to offset losses brought about by the State Administration of Radio, Film and Television (SARFT)'s recent ban on TV ad breaks during TV drama episodes. Read More
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