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Youku Confirms SARFT License
6.cn, 6rooms, Brookside Capital, Chengwei Ventures, Farallon Capital, Internet, Ku6.com, Maverick Capital, Media, SARFT, State Administration of Radio, Film and Television, Sutter Hill Ventures, Youku
Editorial Summary
Beijing-based video site Youku.com received a broadcasting license from the State Administration of Radio, Film and Television (SARFT) on July 3, reports Sina. Beijing-based competitors 6Rooms (6.cn) and Ku6.com announced SARFT licenses last month. Youku.com confirmed a $30 million investment led by Maverick Capital and joined by existing investors Brookside Capital, Sutter Hill Ventures, Farallon Capital and Chengwei Ventures on June 30.
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Sutter Hill Ventures (profile) |
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