Beijing – As part of an ongoing effort to offer its hundreds of millions of users unique entertainment, Youku Tudou Inc., China's Internet television company, recently announced on June 16 the release of more than 20 programmes and drama series produced by its in-house production unit. The unique content will be released throughout the second half of 2014 and will include reality shows, talk shows and drama series. Youku Tudou has made it of strategic importance to increase investment … [Read more...] about Youku Tudou releases more than 20 unique programmes and drama series
Youku Tudou
Baidu’s iQiyi plans IPO within three years
Bloomberg News reports that Baidu Inc. (BIDU)’s iQiyi video website plans to hold an initial public offering within three years as it competes with Youku Tudou Inc. (YOKU) for China’s 618 million Internet users seeking movies and TV shows online. The Beijing-based site, which offers Mad Men and the South Korean drama My Love From the Star, is aiming for a valuation that surpasses Youku Tudou’s, Chief Executive Officer Gong Yu said in an interview in Beijing … [Read more...] about Baidu’s iQiyi plans IPO within three years
Alibaba to invest US$1.22 billion in Youku Tudou
Beijing – Youku Tudou Inc., China's Internet television company (“Youku Tudou” or the “Company”), announced on April 28 that it has entered into definitive agreements with a joint investment vehicle of Alibaba Group Holding Limited (“Alibaba”) and Yunfeng Capital, pursuant to which Alibaba and Yunfeng Capital, through the joint investment vehicle, will invest an aggregate of approximately US$1.22 billion to purchase a number of Class A ordinary shares … [Read more...] about Alibaba to invest US$1.22 billion in Youku Tudou
Chinese websites ordered to remove U.S. TV shows
The South China Morning Post reports that Chinese authorities have ordered video streaming websites to stop showing four popular American TV shows, including The Big Bang Theory and The Good Wife, representatives from two sites said on April 27. The move suggests government attention is intensifying on the online content-streaming industry, which is freer than state television and China’s cinemas to show foreign productions and other content and has stretched the boundaries of what can be … [Read more...] about Chinese websites ordered to remove U.S. TV shows
Youku Tudou partners with smart TV and OTT manufacturers
Beijing – Youku Tudou Inc., China's leading Internet television company, announced on April 24 that it has inked strategic partnerships with most of China's smart TV and OTT manufacturers, eight of which are an exclusive integration of the pre-installed Youku Tudou App. In April, Youku announced four new partnerships with OTT companies. All four partnerships include the exclusively pre-installed Youku Tudou TV app. Partners include: Huawei Technologies, China's set-top box provider to the … [Read more...] about Youku Tudou partners with smart TV and OTT manufacturers
China Mobile and Youku Tudou’s mobile video contest break records
Beijing – Mobile video contest G Ke G Pai, held annually by telecommunication company China Mobile Ltd. and China’s leading internet television website Youku Tudou Inc, broke new records in 2013 with 110 million yuan in mobile box office sales. A new record in China was also broken when a single title, alone, garnered more than 5 million yuan from mobile video-on-demand sales. The contest’s mobile application allows self-produced videos to be … [Read more...] about China Mobile and Youku Tudou’s mobile video contest break records
