Broadcasters in China are yet to make significant inroads in the fields of IPTV and mobile TV as these new platforms struggle with regulatory and technology issues, plus doubts about their commercial viability. Moreover, these fledgling services face fierce competition from the internet in delivering information and entertainment. One formidable rival is News Corporation’s MySpace China (Myspace.cn) social networking site, which had nearly 32,000 registered users just 12 days after launching on April 27. David Wolf, President and Chief Executive Officer of Beijing-based corporate advisory firm Wolf Group Asia, says MySpace China has “the biggest pockets (and) can outspend and out-market any player in the business.”