Business News
Internet TV Leaps Ahead in China
2008-07-14 18:30:00
UUSee.com becomes the first online peer-to-peer TV operator to receive
China's SARFT video license and Olympic broadcasting rights
BEIJING, July 14 /EMWNews/ -- With its announcement that it has
secured Internet TV broadcasting rights to this summer's Olympic Games,
UUSee is on the verge of orchestrating one of the world's largest real-time
interactive TV events. UUSee, the leading Internet TV and interactive
broadcasting service operator in China with almost 100 million users, is
partnering with CCTV.com, China's largest TV network and the only
authorized Olympic TV channel in Greater China. UUSee will broadcast live
the opening ceremony, closing ceremony and all the important sporting
action of the 2008 Olympic Games via the Internet in China.
"Since 2005 we have successfully collaborated with UUSee to broadcast
TV content and distribute breaking news over the Internet," said Wenbin
Wang, the General Manager of CCTV.com. "Expanding this partnership to
include live broadcasting of the 2008 Olympic Games will be a major digital
media milestone in the history of the Olympics."
"Broadcasting the 2008 Olympic Games is expected to give a huge boost
to UUSee and Internet TV in China," added Mr. Zhu Li, CEO of UUSee.
"Through our robust network platform, UUSee's nearly 100 million users will
enjoy a reliable, smooth and clear online video experience."
In addition to the broadcasting rights for the Olympic Games, UUSee was
recently awarded an Online Video Broadcasting License from SARFT -- China's
State Administration of Radio, Film and Television -- becoming one of the
first online P2P video platforms to broadcast legally TV programs and video
content via the Internet. Featuring the first product to add a video-search
function to Internet TV, the newly released client platform, UUSee 2008,
permits users to quickly find and record favorite video content from
various online video sites and enjoy customized lag-free streaming video.
"With nearly 100 million users, UUSee is one of the largest web-based
media companies in the world," said Dan Nova, General Partner at Highland
Capital Partners and a board member of UUSee. "In many ways, China is more
advanced in their adoption of technology than the U.S., and UUSee continues
to revolutionize content delivery and online broadcasting in bringing the
next generation of television to mainstream markets."
About UUSee
UUSee was founded in late 2004 by Zhu Li and Harold Liu, who today
serve as the company's CEO and CTO, respectively. UUSee is the leading
Internet TV and interactive broadcasting service operator in China with
nearly 100 million users and annual sales last year of 10 million USD. The
company provides live, online broadcasting from 150 TV channels, 750
customized channels, short-clip video-on-demand and downloading services to
PC, mobile and Internet users. Through its partnerships with leading media
content providers (such as CCTV, BTW, ESPN, etc.), UUSee provides its users
with a vast library of licensed content ranging from TV drama, sports,
entertainment programs to news and movies.
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