Dec 16, 2011
According to a source within the telecom operator, Shenzhen Telecom can receive a 50-60% revenue share in an IPTV joint venture with Shanghai Media Group IPTV subsidiary Shanghai BesTV, but receive only approximately 30% of revenues in an IPTV partnership with CCTV's national online TV station CNTV and local broadcasting authorities.
Chinese online video site Youku (NYSE: YOKU) today responded to copyright infringement allegations made by rival Tudou (Nasdaq: TUDO), claiming that Tudou has infringed on Youku's broadcasting rights to more than 60 TV dramas, as well as illegally offering a number of Youku's original productions.
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American Depositary Shares of Chinese enterprise software provider CDC Software (Nasdaq: CDCS), trading of which was suspended on Nasdaq effective December 12, 2011, have begun trading in the over-the-counter market since December 16, 2011 with quotes displayed on the OTC Pink Market under the trading symbol "CDCSY."
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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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