Chinese Internet video website Tudou.com will invest about CNY10 million to establish a new fund to support the development of original videos and online media.
Chinese online recruitment company 51job Inc. announced its unaudited financial results for the fourth quarter of 2010 and for the fiscal year ended December 31, 2010.
Chinese search engine company Baidu Inc. has launched the internal beta version of its new media player product.
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.
As the first batch of designated targets, ten Chinese mainland news websites will get listed in the A-share market in China.
The Foreign Correspondents’ Club of China, an association based in Beijing comprised of journalists representing non-Chinese media, has issued an alert because some of its members have reportedly had their email accounts hacked.
Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout, acquiring a 38% stake in Allyes for USD13.3 million.
Chinese digital media and advertising company Focus Media Holding Limited has announced a couple of key executive appointments.