Phoenix New Media (FENG) has released an update.
Phoenix New Media Limited, a prominent Chinese new media company, has secured an exclusive one-year content license with Phoenix TV, a subsidiary of its parent company, for RMB50.0 million. The deal allows the broadcasting of Phoenix TV’s video content across various platforms, including internet and mobile, in mainland China from August 24, 2024, to August 23, 2025. This agreement also includes rights for sublicensing to further expand the reach of Phoenix TV’s programming.
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