Archive for Category: "Breaking news"

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  • Breaking news China (mainland) film Non classé Huayi Brothers releases new movie plan

    Huayi Brothers releases new movie plan

    Huayi Brothers Media Corp, one of China’s leading movie producers, announced on Sunday during the 16th Shanghai International Film Festival that it will release 15 films this year and next. Five will be released this year, and the rest will be screened in 2014. “Movie audiences are becoming younger and are showing a tendency to watch films depicting real life. The top three popular genre films are romance, comedy and action movies,” said Wang Zhonglei, president of the listed company. [...]

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  • America Breaking news China (mainland) film Press review Filmmakers eye further opportunities in China

    Filmmakers eye further opportunities in China

    (China Daily,2013-06-07) Chinese companies and their foreign counterparts are eyeing coo peration opportunities to tap into the country’s booming film market, executives at the Chengdu Fortune Forum said on Thursday. During a morning session, Jeffrey Katzenberg, CEO of DreamWorks Animation, told delegates he was keen to realize his dream of bringing the finest technology and artists to China to create world-class animation. “The country will be able to make world-class animation within a handful of years,” said the head of [...]

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  • Breaking news China (mainland) Partnership Youku Tudou Collaborates with Sina for Content Promotion

    Youku Tudou Collaborates with Sina for Content Promotion

    BEIJING, June 7, 2013 – Youku Tudou Inc. (NYSE: YOKU), China’s leading Internet television company (“Youku Tudou”), today announced a strategic content-sharing alliance with SINA Corporation (“SINA”), an online media company servingChina and the global Chinese communities. Under the deal, in exchange for access to Youku Tudou’s video library, Sina will leverage their PC and mobile platform to promote Youku Tudou’s licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo’s daily active users access Weibo through mobile devices, [...]

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  • Breaking news China (mainland) Finance Financial results Phoenix New Media Reports First Quarter 2013 Unaudited Financial Results

    Phoenix New Media Reports First Quarter 2013 Unaudited Financial Results

    BEIJING, May 14, 2013 — Phoenix New Media Limited (FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced its unaudited financial results for the first quarter ended March 31, 2013. First Quarter 2013 Highlights Total revenues increased by 17.7% year-over-year to RMB281.4 million (US$45.3 million), driven by a 29.1% increase in net advertising revenues. Net income attributable to Phoenix New Media Limited increased by 19.0% year-over-year to RMB39.2 million (US$6.3 million). Adjusted net [...]

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  • Breaking news China (mainland) Financial results Sohu.com Reports First Quarter 2013 Unaudited Financial Results

    Sohu.com Reports First Quarter 2013 Unaudited Financial Results

    BEIJING, CHINA, April 29, 2013 – Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, search, gaming, community and mobile service group, today reported unaudited financial results for the first quarter ended March 31, 2013. First Quarter Highlights Total revenues were US$308 million, up 36% year-over-year and 3% quarter-over-quarter. Brand advertising revenues were US$80 million, up 32% year-over-year and down 2% quarter-over-quarter. Sogou[1] revenues were US$39 million, up 73% year-over-year and down 4% quarter-over-quarter. Online game revenues were US$167 million, up 33% year-over-year [...]

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  • Breaking news China (mainland) Digital Internet Partnerships SINA Forms Strategic Alliance with Alibaba to Enable Social Commerce

    SINA Forms Strategic Alliance with Alibaba to Enable Social Commerce

    SHANGHAI, China—April 29, 2013—SINA Corporation (NASDAQ GS: SINA) (“SINA” or the “Company”), a leading online media company serving China and the global Chinese communities, announced today that it has reached an agreement on a strategic alliance between several entities affiliated with SINA, including PRC subsidiaries of Weibo Corporation (“Weibo”), and several entities affiliated with Alibaba Group (“Alibaba”), including Taobao (China) Software Co., Ltd. and Zhejiang Tmall.com Technology Co., Ltd., to jointly explore social commerce and develop innovative marketing solutions to [...]

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  • Breaking news China (mainland) Company announcement Finance Focus Media Holding Limited Shareholders Vote To Approve Going Private Transaction

    Focus Media Holding Limited Shareholders Vote To Approve Going Private Transaction

    SHANGHAI, April 29, 2013  — Focus Media Holding Limited (the “Company” or “Focus Media”) (Nasdaq: FMCN) announced that, at an extraordinary general meeting held today, the Company’s shareholders voted in favor of the proposal to authorize and approve the previously announced definitive agreement and plan of merger, dated as of December 19, 2012 (the “merger agreement”), by and among the Company, Giovanna Parent Limited (“Parent”) and Giovanna Acquisition Limited (“Merger Sub”), pursuant to which Merger Sub will be merged with [...]

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  • Breaking news China (mainland) Financial results Baidu Announces First Quarter 2013 Results

    Baidu Announces First Quarter 2013 Results

    BEIJING, April 25, 2013  — Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2013[1]. First Quarter 2013 Highlights Total revenues in the first quarter of 2013 were RMB5.969 billion ($961.0 million), a 40.0% increase from the corresponding period in 2012. Operating profit in the first quarter of 2013 was RMB2.210 billion ($355.9 million), a 5.7% increase from the corresponding period in 2012. Net income [...]

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