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Six Hollywood Studios To Sign With Chinese IPTV Service

This will be a as-yet-small but significant step in the legal distribution of Hollywood movies in China: Six Hollywood studios are poised to see their movies through BestTV, the IPTV unit of Shanghai Media Group….the studios are Warner, Buena Vista, Sony, Fox, Paramount and Universal, according to this Variety story.
The service will launch Q1 next year, and more details will be known then…known for now: the service will provide the rights owners with multiple revenue streams, including royalties, a share of the fees for every user request and a cut of the advertising embedded in the movies.
IPTV has a limited but fast-growing base in China, with SMG one of the leading exponents..IPTV is expected to reach 5.7 million homes this year.