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China's MIIT Releases Preliminary 2022 Telecom Industry Statistics

MIIT, 1/19/23

Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More

Rumor: China Mobile Secures Regional IPTV License for Guangdong

Beijing Business Today, 6/15/18

Telecom operator China Mobile's (NYSE: CHL; 0941.HK) Guangdong branch has reportedly received official approval to operate IPTV transmission services, according to a source at the company speaking with media outlet Beijing Business Today. Read More

Online Entertainment Firm Perfect World to Raise RMB 1 Bln for Film Investment

Perfect World, 6/04/18

Chinese online entertainment firm Perfect World (002624.SZ) has announced plans to raise up to RMB 1 bln in funding through a non-public offering. Read More

Rumor: iQiyi Completes Acquisition of Baidu Nuomi's Film Division

Sina Tech, 5/14/18

Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi (Nasdaq: IQ) has reportedly completed its acquisition of Nuomi Pictures, the film division of Baidu's online and mobile group buying platform subsidiary Nuomi.com Technology, according to a source close to the matter. Read More

China to Dissolve SAPPRFT, Form Radio & TV Bureau Directly under State Council

Caixin, 3/13/18

China's State Council, the country's cabinet, submitted an organizational reform plan for deliberation at the first session of the thirteenth National People's Congress today. Read More

Weibo, Kuyun to Launch Real-time Video Program Evaluation System

Sohu.com, 7/17/17

Beijing-based television value-added service provider Kuyun Interactive Technology has announced a partnership with Chinese microblogging platform Weibo (Nasdaq: WB) to release a social, interactive, and real-time video program evaluation system called "Weibo Shishi Bang." Read More

China Strengthens Rules for Online AV Content Production and Broadcasting

SAPPRFT, 6/01/17

China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) has published additional regulations concerning the production and broadcasting of audio and visual programming on the internet. Read More

Leshi Sports Releases Livestreaming Hardware Suite Including UAV

Sina Tech, 11/24/16

Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More

Update: Leshi Internet, Guoan Soccer Club Halt Cooperation Deal

Tencent Tech, 10/26/16

The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). Read More

Baidu Nuomi Forms RMB 2 Bln Film Content Investment Fund

Sohu IT, 6/16/16

Chinese internet company Baidu's (Nasdaq: BIDU) group buy site Nuomi.com has announced that it is setting up a RMB 2 bln film and television investment fund to finance high-quality movies, unearth new talent, increase its reach, and help it better compete for more resources. Read More