{"id":11561,"date":"2007-03-07T09:32:18","date_gmt":"2007-03-07T16:32:18","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/03\/07\/us-firms-invest-235m-in-chinese-video-site-peter-svensson\/"},"modified":"2007-03-07T09:32:18","modified_gmt":"2007-03-07T16:32:18","slug":"us-firms-invest-235m-in-chinese-video-site-peter-svensson","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/03\/us-firms-invest-235m-in-chinese-video-site-peter-svensson\/","title":{"rendered":"U.S. Firms Invest $23.5M in Chinese Video Site – Peter Svensson"},"content":{"rendered":"
From AP via MSNBC:<\/p>\n
A group of U.S. venture capital firms, including Disney’s investment arm, was set to announce Wednesday that it had invested $23.5 million in UUSee<\/a>, a major Chinese site for Web video.<\/p>\n
UUSee distributes live and on-demand TV from CCTV, China’s largest TV broadcaster; CSAT, China’s largest satellite TV company; and Beijing TV. The content includes subtitled U.S. shows like “CSI: Miami” and “24.”<\/p>\n
The investment round was led by Draper Fisher Jurvetson<\/a> and Highland Capital Partners<\/a>. It included Steamboat Ventures, the venture-capital vehicle of The Walt Disney Co. Two other firms, Sequoia Capital and Susquehanna International Group, invested in UUSee in a previous round and joined in this one.[Full Text]<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
From AP via MSNBC: A group of U.S. venture capital firms, including Disney’s investment arm, was set to announce Wednesday that it had invested $23.5 million in UUSee, a major Chinese site for Web video. UUSee distributes live and on-demand TV from CCTV, China’s largest TV broadcaster; CSAT, China’s largest satellite TV company; and Beijing […]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[1201,3741],"class_list":["post-11561","post","type-post","status-publish","format-standard","hentry","category-economy","tag-foreign-investment","tag-venture-capital","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n
U.S. Firms Invest $23.5M in Chinese Video Site - Peter Svensson<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n