Ku6 Media Co Ltd A
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Ku6's management team will host a conference call on Monday, February 28, 2011 at 7:30 a.m. EST, which is February 28, 2011 at 8:30 p.m. in Beijing and Hong Kong, to present an overview of the company's financial performance and business operations.
Hier ist der Live-Webcast:
http://phx.corporate-ir.net/...=IROL-EventDetails&EventId=3758114
Shanghai 28.02.2011 (www.emfis.com) Ku6 Media, eines der führenden Online-Video Portale in der Volksrepublik China, konnte im vierten Quartal den Erlös maßgeblich steigern. Zu danken war dies vor allem einem Kooperationsabkommen mit CNTV (China Network Television) zur Übertragung der sechzehnten Asia Games in Guangzhou. Über Ku6.com war das gesamte Ereignis, inklusive der Eröffnungs- und Endzeremonie zu bewundern. Bei der Übertragung der Eröffnungszeremonie schnellten die Zugriffszahlen innerhalb der ersten 15 Minuten bereits auf 2,57 Mio. nach oben.
Der Umsatz von Ku6 Media stieg im vierten Quartal um 58,4 Prozent gegenüber dem Vorquartal auf 6,8 Mio. USD. Für das Gesamtjahr 2010 meldete das Unternehmen einen Erlös in Höhe von 16,6 Mio. USD. In jedem Quartal des vergangenen Jahres konnte Ku6 Media einen Umsatzanstieg von über 30 Prozent verbuchen.
Handelt es sich doch nur um extreme Schwankungen??
ich glaube das haben wir automatisierten Tools und Charttechnik zu verdanken. Der Trend wird analysiert und die verkaufen immer weiter.
Sobald sich der Kurs stabilisiert werde ich nachkaufen.
Ich denkmal die Ku6 ist jetzt auch sehr gefragt bei Chinesen im Ausland um sich auf dem laufenden zuhalten was bei denen so vor der Haustüre abgeht.
http://v.ku6.com/special/show_3938683/Uu3i9hdSA0zFxYJD.html
“As founder and CEO, Kevin has provided excellent leadership and service to the Company. The Board would like to thank Kevin for his tremendous contributions to Ku6, and wish him continued success in his career change. ”
– Bruno Wu, Chairman of the Board, Ku6 Media
It was only two weeks ago that we had reported on Ku6′s Q4 2010 and FY 2010 earnings. At that time we highlighted how in 2010 the company had undergone a major corporate transformation through a reverse merger with Hurray! Holdings, a subsidiary of Shanda Interactive Entertainment Ltd. ((ADR) NASDAQ: SNDA). The resulting public company, now focused entirely on its online video and radio operations, grew its revenue dramatically as well as its net losses.
In that earnings release the company attributed increasing losses to continuous investments in technology and professional content which is helping it become “the preferred destination for video information and entertainment for our users.” Based on the ouster of Mr. Li it is possible that executives at corporate parent, Shanda, decided that growth at the expense of profitability needs to be reassessed.
Of course the official company statement portrays Mr. Li’s departure as a resignation to pursue other career opportunities. He will remain a Board member of Ku6 Media and will continue to provide business advice to Ku6 Media.
In Li’s place the Board has appointed Haifa Zhu as Acting CEO of Ku6 Media. Zhu has served on the Ku6 Media Board since July 24, 2009 and as Chief Investment Officer and Senior Vice President of Shanda since April 2008. He previously served as Shanda’s Assistant Vice President of Investments, Director of Platform Operations, Director of Central User Platform and Deputy Director of New Business Center.
“We are also pleased to have Haifa joining the Ku6 management team as Acting CEO. We believe that Haifa’s leadership will ensure a smooth transition while Ku6′s continues to build on its leading position in the industry and to bring more satisfying viewing experience to its users.”
– Bruno Wu, Chairman of the Board, Ku6 Media
A search to recruit a permanent CEO has been initiated.
http://www.digitaleastasia.com/2011/03/15/...eup-ceo-kevin-li-is-out/
Zeitpunkt: 21.03.11 07:31
Aktion: Löschung des Beitrages
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heute +11,39%
Ich bin schon länger dabei und freue mich über meine Gewinne.
Allerdings denke ich nicht daran zu verkaufen, bevor es hier 2-stellig wird.
Sobald ku6 Gewinne schreibt dürften 40 EUR realistisch sein.
Wer ist noch dabei?
BEIJING, April 20, 2011 /PRNewswire-Asia/ -- Ku6 Media Co., Ltd., (Nasdaq: KUTV) ("Ku6" or the "Company"), a leading Internet television company in China, announced today that Ku6 and the shareholders of Hangzhou Soushi Networking Co., Ltd. ("Pipi"), a leading P2P based internet video platform in China, have agreed to the sale of Pipi to Ku6, in an all stock transaction under which all of the equity interests in Pipi will be sold to Ku6 in exchange for an aggregate of 2,212,114,257 Ku6 ordinary shares. After the completion of the merger, Pipi will become a wholly-owned subsidiary of Ku6.
Completion of the share purchase will be subject to the condition that the shareholders of Ku6 approve the issuance of ordinary shares of Ku6 to the shareholders of Pipi at a special shareholders meeting to be convened in the near future. The transaction is expected to close in the second quarter of 2011.
Shanghai Shanda Networking Co., Ltd. ("Shanda Networking"), a wholly-owned subsidiary of Shanda Interactive Entertainment Limited (which is a major shareholder of Ku6), is one of the early investors of Pipi and holds 32% of the equity interests in Pipi. Shanda Networking will sell its equity interests to Ku6 in this transaction. A special committee, comprised of three independent directors of Ku6, represented Ku6 in the negotiations of the transaction. Based upon and subject to the qualifications, limitations and assumptions set forth in its written opinion dated April 20, 2011, the same date as KPMG Advisory (China) Limited has rendered its oral opinion, to the effect that as of that date the consideration to be paid by Ku6 was fair to Ku6 from a financial point of view. The special committee approved the proposed transaction on April 20, 2011.
All selling shareholders of Pipi intend to enter into lock-up agreements for a period of 181 days to two years after closing with respect to the Ku6 shares that they will receive in the merger.
Commenting on this merger, Mr. Haifa Zhu, Acting Chief Executive Officer of Ku6, said, "We are very pleased to announce this merger with Pipi, which we believe is one of the best P2P based internet video platforms in China. After merger with Pipi, we believe we will become the first internet television company with large-scale operations in both browser and video player in China. We believe that we will have more opportunities to achieve synergies going forward and we will continue to expand our market share, our users number and our advertising clients number in the fast-growing online video market in China."
Mr. Lianghai Yang, Chief Executive Officer of Pipi, said, "We are excited to join forces with Ku6. In March 2011, Pipi Player has reached peaked concurrent users number of about 5.3 million. I am confident that the combined company will be better positioned to compete effectively in the continually expanding online video advertising market in China."
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities, and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Ku6 Media Co., Ltd.
Ku6 Media Co., Ltd. (Nasdaq: KUTV) is a leading Internet television company in China. Through its two premier online brands and online video websites, www.ku6.com and www.juchang.com, Ku6 provides video information services and entertainment in China.
As a leading online video portal, www.ku6.com provides a video platform for sharing and watching user-generated content. It also provides online video news, reports, and other interactive entertainment programs for its users.
Ku6's www.juchang.com offers a broad array of copyright compliant content, such as movies, television series, and other video programs sourced from Ku6's global content partners, with all content having high definition quality and fast speeds for seamless viewing. For more information about Ku6, please visit http://ir.ku6.com.
About Pipi.cn
Pipi.cn is one of the leading P2P based internet video platforms in China. Through its website pipi.cn and its client-side software PIPI Player, it provides both live broadcasting and on-demand viewing of a variety of content such as movies, TV serial dramas, sports broadcasts, games and competitions, cartoons, variety shows, current news reports and financial news reports in China. For more information about Pipi, please visit http://www.pipi.cn.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts but instead represent only the Company's beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Statements in this announcement that are not historical facts, including but not limited to statements regarding Ku6's and Pipi's ability to achieve synergies and capture opportunities in the internet and media market in China, the continuous growth of the Company and the success of any acquisitions or investments by the Company or any subsidiaries, represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the risk that this or any future merger will not create the operational and financial results that the management and boards of directors of Ku6 and Pipi expect, including in particular the possibility that this merger may not be accretive to earnings in any future period; the risk that this and any future merger could divert management's attention from Ku6's operations, which could adversely affect its results of operations; the risk that Ku6 will not be able to effectively manage Pipi, the risk that our online video website fails to attract advertisers or content providers; the risk that the Company fails to deliver continuous growth in 2011; and the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 20-F. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events, except as required under applicable laws.
Shanghai Shanda Networking Co., Ltd. ("Shanda Networking"), a wholly-owned subsidiary of Shanda Interactive Entertainment Limited (which is a major shareholder of Ku6), is one of the early investors of Pipi and holds 32% of the equity interests in Pipi. Shanda Networking will sell its equity interests to Ku6 in this transaction. A special committee, comprised of three independent directors of Ku6, represented Ku6 in the negotiations of the transaction. Based upon and subject to the qualifications, limitations and assumptions set forth in its written opinion dated April 20, 2011, the same date as KPMG Advisory (China) Limited has rendered its oral opinion, to the effect that as of that date the consideration to be paid by Ku6 was fair to Ku6 from a financial point of view. The special committee approved the proposed transaction on April 20, 2011.
All selling shareholders of Pipi intend to enter into lock-up agreements for a period of 181 days to two years after closing with respect to the Ku6 shares that they will receive in the merger.Commenting on this merger, Mr. Haifa Zhu, Acting Chief Executive Officer of Ku6, said, "We are very pleased to announce this merger with Pipi, which we believe is one of the best P2P based internet video platforms in China. After merger with Pipi, we believe we will become the first internet television company with large-scale operations in both browser and video player in China. We believe that we will have more opportunities to achieve synergies going forward and we will continue to expand our market share, our users number and our advertising clients number in the fast-growing online video market in China."
Mr. Lianghai Yang, Chief Executive Officer of Pipi, said, "We are excited to join forces with Ku6. In March 2011, Pipi Player has reached peaked concurrent users number of about 5.3 million. I am confident that the combined company will be better positioned to compete effectively in the continually expanding online video advertising market in China."