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PPTV will go IPO in 6 months

PPTV, the leading peer-to-peer video download services in China, will go for IPO in the U.S. in 6 months, said an investment banking source. Founded in 2004 as PPLive, the Shanghai base was one of the first China online video media.  It changes its name to PPTV in 2010 to better reflect its business.  Most people […]

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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 to have disappeared like Houdini, not only are the sites lowering their offer for TV dramas and movies, but many of them seem to be incapable of carrying on.