LeTV Invests RMB 20 Mln in Film Studio
Tencent Tech, 8/25/11
Chinese online video site LeTV (Leshi) (300104.SZ) has agreed to invest RMB 20 mln in Dongyang Jiutian Film, TV & Broadcasting, a subsidiary of film and TV production studio CHS Media.
LeTV has also acquired the online broadcasting rights to two films, "Hu Xian" ("Fox Spirit") and "Dijiu Ge Guafu" ("The Ninth Widow"), both of which will be simultaneously made available through LeTV's website and LeTV's HD internet TV set-top boxes.
Editor's Note: For more information on this topic, please see "LeTV to Invest RMB 20 Mln in Film Studio," MD 8/08/11 issue.
Keywords: TV Drama content production CHS Media Dongyang Jiutian film Internet online video LeTV broadcasting rights 300104.SZ Leshi STB
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