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Searching for "Sun Media"
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Tongfang Reduces Stake in BesTV

China Securities Journal, 7/01/10

Beijing-based high-tech conglomerate Tsinghua Tongfang (600100.SH) announced today that it will sell 9.16 mln shares in BesTV, Shanghai Media Group (SMG)'s IPTV operations subsidiary, to Chengdu-based investment firm Yuanhong Venture Capital for a total of RMB 97.37 mln. Read More

Rumor: Hurray to Target Mobile Reading

Sohu Tech, 3/12/10

According to internal sources at Chinese wireless value-added service provider Hurray (Nasdaq: HRAY), mobile reading has recently become the company's strategic focus, and Hurray is currently positioning itself within the mobile reading market through personnel acquisition and other means. Read More

PPLive, Sun Media to Establish JV

Sina Tech, 1/18/10

Chinese video site PPLive has announced that Sun Media Investment has acquired a stake in PPLive, and the two firms plan to establish a joint venture that will launch a women's online TV channel. Read More