|
PPLive President: Profitability By End Of Year
Shanghai-based Synacast Media's peer-to-peer (P2P) video network PPLive has recorded tens of millions of RMB in revenue and will become profitable at the end of the year, reports China Business News quoting Synacast CEO Bill Yao. PPLive's biggest expenditures are content licensing fees, bandwidth and human resources costs, said Yao. PPLive is now negotiating with China Central Television (CCTV) for content, said Yao.
|