Beijing Government Says Ku6.com’s Staff Dismissals Are Illegal
Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.
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Ku6.com’s Financials Show Chinese Internet Video Sector Instability
Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped.
Chinese Online Video Website To Cut 20% Staff
Chinese Internet video website Ku6.com has announced that to simplify operations, control costs, and improve efficiency, the company has decided to restructure its sales department.
Ku6 Acquires Media Player Company By Issuance Of New Shares
Ku6 Media Company Ltd., the Internet video subsidiary of Shanda Interactive Entertainment Limited, has announced that the shareholders of Pipi.cn, a leading P2P Internet video platform in China, have agreed to sell all shares to…
Losses Continue In China For Internet Video Website
Chinese online video portal Ku6 Media Company Ltd., which was formerly named Hurray Holding Company Ltd., said it widened its net losses as it announced its unaudited financial results for the fourth quarter and fiscal…
Huanqiu.com, Ku6.com Form Alliance For Internet Videos
Huanqiu.com, the website sponsored by Global Times, has confirmed to Chinese media that it will cooperate with the Internet video website Ku6.com to launch a new online movie channel.
Xinhua News Agency, Shanda Sign Strategic Cooperation Agreement
China’s Xinhua News Agency and Shanda Interactive Entertainment Limited have signed a comprehensive strategic cooperation framework agreement for media cooperation.
Ku6 Media Posts Results From Its China Internet Business
China-based Ku6 Media Company Ltd., which previously flew its technology media brand under the name Hurray Holding, announced that its net loss narrowed as it presented unaudited financial results for the third quarter ended September…
Shanda’s China Game Revenue Falls
Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped.
Ku6 Extends Loss From Chinese Online Video Biz After Dumping Wireless Services
China’s Ku6 Media Company Ltd., which boasts a new focus on Internet video services after dumping its poor wireless services offerings and its old name of Hurray, today announced its unaudited financial results for its…
