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China Media Monitor Headlines Archives
- SARFT Subsidiaries' Revenues Up 13.12% by Q311/05/2009 - 10:11
The revenues generated by 151 state-owned and state-controlled enterprises under the State Administration of Radio, Film and TV (SARFT) grew 13.12% year-on-year to RMB6.89 billion, according to an October 20 announcement from the broadcast industry regulator.
- Polybona Qualified for NYSE Listing11/04/2009 - 01:39
Independent mainland production and distribution company Polybona has received clearance to launch an IPO on the New York Stock Exchange (NYSE), according to company CEO Yu Dong. He said the company plans to launch the IPO either at the end of 2010 or the first half of 2011. In the meantime, the company plans to expand its cinema construction and operation business, as well as its film production business.
- China Online Video Industry Made RMB122.1 Mln in Q211/03/2009 - 09:30
China's online video industry generated around RMB122.10 million in revenues in the second quarter, according to Securities Daily. This represented an increase of 57.2% year-on-year and 22.3% quarter-on-quarter. The Chinese P2P online video operators UUSee, PPS and PPLive reported the greatest Q2 revenues.
- Jackie Chan to Star in Hong Kong-Mainland Co-Pro11/03/2009 - 09:29
Mainland production giants China Film Group, Huayi Bros and Henan TV will partner up with Hong Kong's Emperor Motion Pictures to co-produce a new martial arts film starring Jackie Chan, Andy Lau and Fan Bingbing. The partners plan to invest around RMB200 million each on the film, which will be called New Shaolin Temple (Xin Shaolin Si).
- SMG to Split Operations in Two11/03/2009 - 09:28
The Shanghai Media Group, one of China's largest broadcasters, has announced plans to split its operations into two entities: Shanghai Radio & TV and Shanghai Oriental Media Group.
Shanghai Radio and TV will retain SMG's current operations structure, including all assets and departments involved in "news production". It will be managed by the Shanghai Municipal Administration of Culture, Radio, Film & TV under the guidance of the CPC Shanghai Municipal Committee's Propaganda Department.
The Shanghai Oriental Media Group will be a separate legal entity, with all of its shares held by Shanghai Radio & TV. It will manage of all SMG's assets, except for those related to news production, and use the English acronym SMG.