| Written by Edmund Hung,
on March 06, 2006
|
Tags : SARFT |
The China central government continues to dampen development in China's broadcasting industries by severely restricting the type of content that can be aired. By restricting private investment on digital TV content, SARFT is protecting state-owned content providers such as CCTV from competition. Private investors, which include the largest media companies in the world, are left waiting on the outside for opportunities in China, while Chinese government-owned companies get the pick of the lot to acquire media content through foreign investment or even company acquisitions (such as China Mobile’s recent purchase of 20% of Hong Kong’s Phoenix TV).
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