Microsoft is expanding its presence in China via a strategic partnership with the Shanghai Media Group (SMG), an investment in a TV set manufacturer and a new R&D centre in Shanghai. The JV with SMG covers content production, IT and electronic products. Microsoft will provide technology for SMG's new media divisions including IPTV, digital TV and mobile TV. "We are trying to promote the combination of technology and content through this cooperation and provide innovative application and … [Read more...] about Microsoft upsizes in China
Channel: Content
Risks seen in investing in China’s Web 2.0 entrepreneurs
Western companies that are investing in web 2.0 pioneers in China beware: there are risks, according to Paul Verna, senior analyst at U.S.-based internet market research firm eMarketer. By 2011, the number of Internet users in China is expected to grow to 246 million, up from 134 million in 2006, eMarketer predicts. Verna says, “On the flip side, the potential pitfalls of investing in Chinese Web 2.0 start-ups should not be overlooked. The spectre of government censorship remains a major … [Read more...] about Risks seen in investing in China’s Web 2.0 entrepreneurs
Risks seen in investing in China’s Web 2.0 entrepreneurs
Western companies that are investing in web 2.0 pioneers in China beware: there are risks, according to Paul Verna, senior analyst at U.S.-based internet market research firm eMarketer. By 2011, the number of Internet users in China is expected to grow to 246 million, up from 134 million in 2006, eMarketer predicts. Verna says, “On the flip side, the potential pitfalls of investing in Chinese Web 2.0 start-ups should not be overlooked. The spectre of government censorship remains a major … [Read more...] about Risks seen in investing in China’s Web 2.0 entrepreneurs
Steward departs in MTV Networks exec shuffle
Singapore- Christopher Steward, Executive Vice President, Viacom Brand Solutions and Southeast Asia, has decided to leave MTV Networks in yet another executive reshuffle. Amit Jain has been promoted to Executive Vice President and Managing Director, MTV Networks India, China and Southeast Asia, relocating to Singapore from Mumbai, where he was Vice President/Managing Director for MTV Networks India. Jain will report to Bob Bakish, President, MTV Networks International, as well as sit on the … [Read more...] about Steward departs in MTV Networks exec shuffle
Shanghai Television Festival generates US$91.8 million worth of deals
Shanghai: The 13th annual Shanghai Television Festival, which ran June 11-15, clocked deals worth more than 700 million yuan (US$91.8 million), according to the organizers. Some 1,038 TV series were traded at the event, a little less than last year's total. New media deals, mostly for broadband video web sites, accounted for a big increase in revenues, although representing just 2.9% of the total trading value, the Shanghai Daily reported. "The increase in spending among new media in copyright … [Read more...] about Shanghai Television Festival generates US$91.8 million worth of deals
Shanghai Television Festival generates US$91.8 million worth of deals
Shanghai: The 13th annual Shanghai Television Festival, which ran June 11-15, clocked deals worth more than 700 million yuan (US$91.8 million), according to the organizers. Some 1,038 TV series were traded at the event, a little less than last year's total. New media deals, mostly for broadband video web sites, accounted for a big increase in revenues, although representing just 2.9% of the total trading value, the Shanghai Daily reported. "The increase in spending among new media in copyright … [Read more...] about Shanghai Television Festival generates US$91.8 million worth of deals