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Beijing Start-up, CloudAcc Can Save Online Video Streaming Sites Like Youku and Hulu 50% on Bandwidth Costs
[Translate] China indeed has a fiercelycompetitiveonlinevideomarket. Last month it was reported that the number one video site, Youku acquired the number two video site Tudou. Shortly after, news broke out of the newly formed alliance between Tencent’s v.qq.com, tv.Sohu and Baidu’s iQiyi. A big reason for the flurry of M&A activity has been the difficulty...
Let China’s Online Video Market War Continue
[Translate] A few weeks ago, news broke out about the number 1 online video site, Youku, buying out the number 2 online video site, Tudou. Last December, this acquisition would have been dismissed as ridiculous given the bitter fighting between Youku and Tudou in a tit for tat battle over content rights. But as China’s...
M & A: Good Solution for China Video Sites, For Now
There is speed, and there is Chinese speed. Everything seems to happen faster in China, and such seems to be the same for online video sites. Only last year, these sites were flushed with cash, and they were paying obscene amount of money for contents. This year, however, has been a different story. Money seems...
China Online Video Roundup: Tencent, Advertising Money, iQiyi
[Translate] Tencent Video Business Attracting Big Money: Tencent, the Chinese Internet conglomerate’s financial statement of last Q4 showed that its video business has attracted big advertising money with a 70% rise quarter-over-quarter. James Mitchell, Chief Strategy Officer and SEVP of Tencent said that Tencent was very happy with its video service as it was picking...
Breaking: Youku to Merge with Tudou
[Translate] Youku (NYSE: YOKU) and Tudou (NASDAQ: TUDO), two of the leading China-born the U.S. listed online video site announced today that the two have reached a definitive agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. Victor Koo, founder and chief executive of Youku said that “the new company will have...
Baidu Releases Media Player, Potential Threat to Video Aggregator?
[Translate] Chinese search giant Baidu stealthily released a multipurpose media player, a move to complement its software arsenal, and might be posing potential threat to video aggregators such as Qihoo 360’s new product v.360.cn and Youku’s Soku and to even long-established Baofeng.com, a media player vendor slash online streaming service. Baidu Player Baidu Player,...
Tudou Shares Jump After Announcing Improved Weibo Integration
[Translate] Bloomberg yesterday reported that shares of Tudou (NASDAQ: TUDO), China’s second most popular online video site, jumped after announcing they have improved its integration with Weibo, China’s dominant micro-blog network with 250 million users. TUDO closed at US$16.66 (2.49%) higher than the previous day but well below their 52-week range of $27.91. This is...
PPTV and WASU to Team Up and Bring Innovation to Internet TV in China
[Translate] This post was contributed by Josh Fenn. PPTV and WASU, two of the most popular internet video-on-demand services in China, announced plans to form a strategic partnership and enter the internet TV space at this year’s Consumer Electronics Show in Las Vegas. During the announcement, WASU president Mr. Qiang Cao and PPTV CEO Dr....
Are Chinese More Willing to Pay for Online Video Content Now?
[Translate] China is a fascinating place since it develops and changes so rapidly. Last June I wrote an article saying “Why it’s Difficult to Make Money from Chinese Users – Online Video Example” and I posed the question at the end “Will Chinese consumers ever be prepared to pay for software or online service? When...
Tudou Releases Proof of Youku’s Copyright Foul Play
[Translate] Following the recent news that Tudou is suing Youku for 150 million RMB in copyright infringement and Youku is countering the attack by claiming Tudou was distributing exclusive content, Tudou has released proof that they are in the right. The main content at the centre of the controversy is called “Kangxi Lai Le”, a popular...
Tudou and Youku Fight Over Copyright
[Translate] The two largest online video sites in China, Youku and Tudou are embroiled in a copyright dispute, both accusing each other of using each other’s exclusive content. In the latest punch thrown, Tudou is suing Youku for 150 million yuan in damages over pirating exclusive rights to “Kangxi Lai Le”, a popular Taiwanese entertainment...
China to Launch 3D Channel Next Year
[Translate] Yesterday that the head of the State Administration of Radio, Film and Television, Cai Fuchao, announced a pilot 3D TV channel will commence on a trial basis from January 1 2012 and will officially launch around Lunar Festival in late January. “We have officially started preparations for the country’s first experimental 3D TV channel...
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