Hong Kong- Local media reported that China Mobile is looking to obtain a controlling stake in Phoenix TV to expand its mobile TV service to provide nationwide coverage of the Beijing Olympic Games in 2008 via 3G technology. China Mobile Group acquired 19.9% of Phoenix TV’s shares in June 2006 and is currently its second largest shareholder. The two companies have been co-operating on developing and promoting wireless content, products, service and application and to expand the wireless media market. Phoenix TV estimates its advertising income will grow by more than 10% during the Olympic Games.
Ad – Before Content
Related Articles
- Kindness Club launches on Molang YouTuber Channel
- Hireworks Connect launches globally on Disney, Netflix, & HBO productions
- Prime Video’s Maitri: Female First Collective Dives Deeper Into the Female Gaze in Storytelling
- OneGate Media picks up new historical family biopic A Christmas Miracle – by Johann Sebastian Bach for global distribution
- Autentic Distribuition closes major new deals for factual content worldwide
- Production now underway on the third season of CBC anthology series Plan B from KOTV