Entries Tagged 'industry' ↓

A report titled with “This Year, Next Year: China Media Forecasts 2008″ was released by GroupM, a global media investment management operation, in 21 July 2008. There are some conclusions drawn by the report below:

Growth in 2007 was relatively restrained, as many marketers are conserving funds for the anticipated Olympic bonanza in Q3 this year. [...]

From Yahoo,
BEIJING, China–(BUSINESS WIRE)–Oak Pacific Interactive (OPI), the leading provider of Web 2.0 communities in China, announced today that SOFTBANK Corp. has agreed to lead an investment totaling $430 million for approximately 35% of the company. The investment will be used to augment the market leadership of Oak Pacific’s Xiaonei.com, China’s largest social-networking site. SBI [...]

There are some numbers you should notice. All of them are about Tencent’s QQ, China’s leading online community (270 million accounts, 400 million USD in revenues in 2007).
Here is the pdf version  of TENCENT ANNOUNCES 2007 FOURTH QUARTER AND ANNUAL RESULTS from it’s offcial site.
From plus8star.com:
QQ’s 2007 figures

Active accounts: 300 million

This is 50% more than [...]

China’s national television broadcaster, CCTV, is teaming up with two Internet ventures to exploit the Beijing Olympics’ status as the first Summer Games expected to attract droves of online viewers, reports the Wall Street Journal.
CCTV announced yesterday that it is working with the MySpace China social-networking site and online-video site Tudou.com to run an interactive [...]

From Reuters, Fri Feb 15, 2008,
Six U.S. film studios have filed civil complaints against Chinese file-sharing firm Xunlei Networking Technology Co Ltd, part-owned by Google Inc, for copyright infringement and are seeking more than 7 million yuan ($1 million) in damages and costs, the Motion Picture Association said.
MPA, a trade [...]