The New York Times reports on a new plan by the State Council to create media empires that can compete with Time Warner, News Corp and other global behemoths: An ambitious plan, set forth in guidelines last week by China’s State...
From Reuters (link): AOL, the online unit of media giant Time Warner Inc., said on Monday it has formed a tie-up with China’s number two media company, one of its first such pairings since it withdrew from the Chinese market in 2003. Under their new relationship, the broadband content arm of Shanghai Media Group (SMG) […]
From the New York Times: It is more than 7,000 miles from New York’s various corporate headquarters to the skyscrapers of Shanghai, but the workings of media companies like Time Warner and NBC Universal loom large in the mind of Li Ruigang. Mr. Li runs the Shanghai Media Group, a budding Chinese conglomerate with a […]
From the South China Morning Post, via Asia Media: China’s main broadcast authority says it has issued entertainment conglomerate Shanghai Media Group the country’s first license for TV broadcasts via the internet, known as IPTV. The license gives state-owned SMG the right to broadcast programs on the Internet and via mobile phone networks, the State […]
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