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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

Enlight Media to Invest RMB 30 Mln in Film and TV Series Producer Lanbaihong

Enlight Media, 3/12/18

Beijing-based TV program and film investment, production, and distribution company Englight Media (300251.SZ) recently announced that its subsidiary Beijing-based Enlight Pictures will invest RMB 30 mln in Suzhou-based film and TV series production, investment, and distribution firm Lanbaihong Film. Read More

Baofeng Group to Establish Film and TV Drama Production Subsidiary

Baofeng Group, 7/17/16

Beijing-based media player software developer Baofeng Group (300431.SZ) recently announced that it has signed an agreement with affiliate Tianjin-based Baofeng Xinhui Business Management Partnership, Baofeng Group deputy general manager Lv Ning, and individual investor Wang Yuan to set up a film and TV drama production and distribution subsidiary. Read More

Tencent Establishes Film and TV Production Subsidiary Tencent Pictures

DoNews, 9/18/15

Chinese Internet and mobile services firm Tencent (0700.HK) announced yesterday that it has established Tencent Pictures, a wholly owned subsidiary focused on film and TV program production. Read More

QVOD Fined RMB 260 Mln for Online Piracy

Sina Tech, 6/17/14

The Shenzhen division of China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) has levied a fine of approximately RMB 260 mln against Shenzhen-based online media player developer and operator QVOD for multiple online piracy violations and a failure to rectify the company's practices. Read More

Tencent Video Introduces American TV Drama Channel

BiaNews, 11/27/12

On November 27, Shenzhen-based internet company Tencent (0700.HK) launched a "U.S. Read More

LeTV Sues Youku Tudou for IPR Infringement

Legal Evening News, 11/02/12

Chinese online video site LeTV (300104.SZ) has filed a RMB 80,000 IPR infringement lawsuit against online video site Youku Tudou (NYSE: YOKU) for reportedly illegally broadcasting the TV drama Eternal Moment, to which LeTV has exclusive online broadcasting rights, on the Youku iPhone mobile app. Read More

360Buy, LeTV Partner on Video Shopping

Ebrun, 10/31/12

Beijing-based B2C e-commerce platform 360Buy and Chinese online video site LeTV (300104.SZ) announced a strategic partnership today for online video shopping. Read More

SARFT Orders TV Program Producers to Improve Quality

Bandao Metropolis Daily, 9/17/12

Wang Weiping, deputy director of the Chinese State Administration of Radio, Film and Television's (SARFT) Department of Teleplay Administration, recently disclosed at the 11th Annual Capital TV Programming Showcase (Fall 2012) in Beijing that SARFT will require TV drama production companies to "reduce quantity and increase quality" starting in October 2012 due to concerns over surplus production. Read More

Rumor: Production of TV Serials Plummets in China

Southern Metropolitan News, 8/07/12

An industry source claimed recently that following State Administration of Radio, Film and Television (SARFT) diktats issued this month and in December 2011 restricting TV drama airtimes, the number of new TV serials being shot in China this year has dropped to one-third of 2011 volumes. Read More