Teaming up with TV Production to Get Quality Contents

Chinese Internet giant Tencent signed a strategic cooperation framework agreement with Chinese TV Production HBPictures on December 22, a move to ramp up its online video arm Tencent Video’s content reservoir. Tencent invested RMB 440 million (US$ 69 million) into HBPictures in this May.

Under the agreement, the two would take concerted efforts to invest into and promote new TV series, etc. Tencent would set up a special channel for the production company while HBPictures would offer Tencent more than 800 episodes of its TV drama, exclusively.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.