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Rumor: Shanda CEO Explains Vision for Ku6

Netease Tech, 3/14/11

According to an industry insider, Chen Tianqiao, CEO of Chinese online media provider and online game operator Shanda Interactive (Nasdaq: SNDA), met with the senior management of online video subsidiary Ku6 (Nasdaq: KUTV) following the announcement of founder and now-former CEO Kevin Li's resignation to articulate his perspective on the online video industry and pledge Shanda's continued financial support. Read More

Rumor: Ku6 Management Divided Over Business Model

Sina Tech, 3/11/11

In a recent Ku6 (Nasdaq: KUTV) internal meeting, CEO Kevin Li (Li Shanyou) had a disagreement with Chen Tianqiao, chairman of parent company Shanda Interactive (Nasdaq: SNDA), as to whether Ku6 will focus on licensed long-form content such as films or become a video news portal, according to an industry insider. Read More

Ku6 to Offer Premium Video Services Next Month

Netease Tech, 9/03/10

Kevin Li (Li Shanyou), CEO of Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6, has revealed that the website will begin trials of paid accounts next month. Read More

Hurray's Nasdaq Listing to Rename as Ku6

Beijing Times, 7/19/10

Kevin Li (Li Shanyou), CEO of Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6, has revealed that Shanda's wireless value-added service provider subsidiary Hurray (Nasdaq: HRAY) will convene a shareholders meeting at the end of July to change Hurray's official Nasdaq-listed name to Ku6, and also change the company's ticker code accordingly.Read More

Rumor: Ku6 Execs to Resign Under Shanda Pressure

Shanghai Morning Post, 4/07/10

Industry rumors are circulating that Kevin Li (Li Shanyou), founder of Chinese online video site Ku6, will resign his position as Ku6's CEO, and that Chen Tianqiao, CEO of Ku6 parent company Shanda Interactive (Nasdaq: SNDA), has already chosen another Shanda executive to fill Li's spot. Read More

Ku6 to Spin Off Licensed Video Website, Keep Uploads

Sina Tech, 3/11/10

Chinese video website Ku6 has announced it will spin off a new website, Juchang.com ("Ku6 Theater"), to deliver licensed long-form video content including TV and films, while continuing to provide an online video-sharing platform for shorter video content at Ku6.com. Read More

Ku6 to Spin Off Hulu Clone, Block Film & TV Uploads

Sohu IT, 12/15/09

Founder and CEO Kevin Li (Li Shanyou) has announced that Chinese online video sharing website Ku6 will split into two websites, one offering short videos and the other providing HD video content. Read More

Update: Shanda-Ku6 Acquisition Rumor

DoNews, 11/26/09

Knowledgeable sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) will acquire 58% of Chinese video website Ku6 via a private offering of shares from Shanda subsidiary Hurray (Nasdaq: HRAY). Read More

Rumor: Shanda Acquires Ku6

Sina Tech, 11/25/09

Reliable industry sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) has reached an acquisition agreement to acquire online video site Ku6 at a valuation of USD 44 mln in exchange for shares of Shanda subsidiary Hurray (Nasdaq: HRAY). Read More