The Digital Source For China's Tech Innovation Since 2000

Search
Close

OpenV.com Expects Revenue Of Over CNY100 Million In 2008

October 6, 2008
Internet

OpenV.com, a Chinese video network service website, announced that the company has become a video partner of Cmse.gov.cn, the official website of China Aerospace Science and Technology Corporation, the unit that was responsible for the launch of the Shenzhou-7 spacecraft in September 2008.

OpenV.com hopes the cooperation will aid the revenue growth of the company and according to its vice president Zeng Fuhu, the company expects to make revenue of over CNY100 million by the end of 2008 via its online television services. OpenV.com offered video data processing and video hosting services to the online video broadcast of Shenzhou-7 spacecraft and the historic spacewalk of its taikonauts.

Zeng says that it has become a popular trend for Internet companies to compete for the broadcast authorizations of big news and sporting events. Meanwhile, these authorized videos are the major income resources for video websites. However, he says that the advertising profit brought by the Shenzhou-7 spacecraft resources is currently not available.

Formally opened in April 2006, OpenV.com is a video platform that is based on its proprietary video search technology. Supported by the technologies of the British system software provider Autonomy System, OpenV.com can provide over 3,000 Chinese-language programs of more than 578 channels, covering about 30 Chinese mainstream TV stations, including CCTV, BTV and Phoenix TV.

Tags: advertising | Britain | broadcast | BTV | CCTV | China | China Aerospace Science and Technology Corporation | Chinese | CN | data | Internet | Internet video | IT | language | network | news | online | online video | OpenV.com | Outer Space | Phoenix TV | platform | revenue | Shenzhou-7 | Software | technology | television | TV | Web 2.0 | website

Other Related News:

China lockdowns a big blow for display, electronics makers Nagaland Post

May 28, 2022

Plant in Shanghai moves ahead: Tesla almost doubles its deliveries

January 3, 2022

Stronger China with artificial intelligence. The report that alarms the US

November 3, 2021

GoDaddy Seeks Chinese Domain Name Buyers

February 11, 2016

BenQ To Reduce 40% Staff In Shanghai

November 21, 2006

Pak hosts intel chiefs of Russia, China, Iran to discuss Afghan situation-Business Journal

September 12, 2021

Tuhu Online Car Services Launching IPO in Hong Kong

January 7, 2022

Todaymiles IPO Mints, the last Chinese billionaire in the solar energy industry

January 5, 2022

Shares slide after China brands online games 'electronic drugs'

August 4, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....