China accepted WTO ruling allowing joint ventures to distribute music online

The United States once sued China because of it put obstacles on import and distribution of books, music, movies and other entertainment products.

Committing to fulfilling WTO ruling means the Chinese have to adjust its import policy on American movies, audio and video products and books. China is allowed to retain import rights of two Chinese state-owned film distributors, and protect the Chinese government to have a degree of right to censor foreign films without increasing the annual quota of 20 foreign films for import. However, China cannot forbid the United States and other foreign enterprises to export to China movies, music, video games and books, and allow the joint venture to distribute music on Internet.

It is known that starting from 2003, Chinese domestic films at the box office have been beating imported films for 6 years. Market participants believe that, by contrast, audio-visual products may suffer more. Yesterday, reporter interviewed Tai He Mai Tian, in which Song Ke said that China’s future policy changes would not seriously affect the Chinese original recording industry, he also believed that this would do good to the show market.

0 comments

Add your comment

Commenting is allowed only for registered users.

Other articlesgo to homepage

Tencent Buys Google Social Networking

Tencent Buys Google Social Networking(0)

China’s largest Internet company Tencent Holdings Ltd has bought a Google-backed Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

Video Tudou 50 Million

Video Tudou 50 Million(0)

Chinese online-video website Tudou.com said it raised $50 million in its latest round of financing, the bulk of which is an investment from Singapore’s state-owned investment firm, Temasek Holdings Pte. Ltd., reported Wednesday’s Dow Jones.

Chinese SNS: Perish Before Old

Chinese SNS: Perish Before Old(0)

These days, almost all Chinese SNS sites seem losing their momentum to grow, especially compared with their American counterpart – Facebook.com

Youku CEO said: ‘Video industry is take off the hat of burning money’

Youku CEO said: ‘Video industry is take off the hat of burning money’(0)

A large-scale video website should across at least three ’100 million’ thresholds to be successful: the threshold of more than 100 million yuan capital investment; the threshold of more than 100 million video traffic; thresholds of advertising revenue exceeded 100 million yuan.

You Shi net: business SNS minority

You Shi net: business SNS minority(0)

In today’s white-collar workplace population in the United States, if you do not have a LinkedIn business card, you are maybe out.

read more

Contacts and information

Social networks

Most popular categories

Real Time Analytics