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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

SiTV Spins Off DTV Gaming Business for Eventual IPO

21st Century Business Herald, 8/15/12

Chinese cable DTV operator Shanghai Interactive TV (SiTV) recently spun off its gaming channel as a wholly-owned subsidiary, Shanghai Game Fengyun (Gamefy) Cultural Media Co., Ltd., with RMB 10 mln in registered capital, with plans for an eventual IPO. Read More

Shanghai Automotive Info Puts 19% Stake in SiTV on Market

LMTW, 6/27/11

Shanghai Automotive Information Systems recently put its 19% stake in cable DTV operator Shanghai Interactive TV (SiTV) up for sale on the Shanghai United Assets and Equity Exchange for RMB 25 mln. Read More

Rumor: OpenV Closes Site in Face of Infringement Suits

TechWeb, 9/25/10

Online video company OpenV will be changing its name in order to avoid paying approximately RMB 12 mln in compensation in a copyright infringement case, according to an industry source. Read More

Coship, SiTV Cooperate on NGB

Tech-ex, 8/03/09

Set-top box (STB) manufacturer Shenzhen Coship Electronics (002052.SZ) has signed a cooperation agreement with DTV operator Shanghai Interactive TV (SiTV) for a next-generation broadcast (NGB) pilot project in Shanghai. Read More

Oriental Cable, Retail Chains Partner on HDTV

Sina Tech, 4/29/08

Oriental Cable Network (OCN) has formed a strategic partnership with Yongle and Gome (0493.HK) in Shanghai in order to expand the market for high-definition television in the city. Read More

CDM Premium DTV Channels Land in Beijing

Xinhuanet, 4/28/08

After nearly four years of talks, 27 premium digital cable channels run by CCTV subsidiary China DTV Media (CDM) will arrive in Beijing through the Beijing Gehua CATV Network (600037.SH), where China DTV Media will become the fifth premium DTV programming aggregator after Shanghai Media Group (SMG) subsidiary Shanghai Interactive TV (SiTV), Beijing All Media and Culture Group (BAMC), TopV Digital TV Media, and Huacheng Digital Movie & TV Co., Ltd. GM Wang Yan of CDM said that his company currently has 41 premium TV channels and one free electronic program guide covering a potential audience of over 80 mln cable viewers and 20 mln digital cable viewers across China. Read More