Ku6 Media Holds UGC Entertainment Awards Ceremony
BEIJING, Dec. 24, 2013
BEIJING, Dec. 24, 2013 /PRNewswire/ --Ku6 Media Co., Ltd. ("Ku6 Media" or the
"Company", NASDAQ: KUTV), a leading internet video company in China focused on
User Generated Content ("UGC"), together with Zhejiang TV and SINA, held UGC
Entertainment Awards Ceremony in Beijing on December 20.
The UGC Entertainment Awards Ceremony is the closing ceremony awarding the
most popular UGC videos in the Company's two months campaign UGC Entertainment
Awards, which is the very first TV and Internet simulcast program focused on
UGC content in China. The original video Wehai Anti-cheating Style was
selected the Grand Champion at the ceremony and granted half million RMB
reward. At the ceremony, celebrities from Mainland China, Taiwan, and Hong
Kong, including famous actress Ms. Ziyi Zhang, were also granted awards for
the great inspirations and contributions they have brought to China's UGC
"We are very proud of the achievements that UGC Entertainment Awards has
gained," said Mr. Fang Du, CEO of Ku6 Media. "As the very first TV program
jointly produced by an Internet video company and a TV station, UGC
Entertainment Awards has proved the huge potential of this business model. We
believe that it has inspired and encouraged all the original video producers
in China to love what they've been doing more. We plan to bring more similar
premium programs to our audiences in the future."
About Ku6 Media Co., Ltd.
Ku6 Media Co., Ltd. (Nasdaq: KUTV) is a leading internet video company in
China, focusing on User Generated Content (UGC). Through its premier online
brand and online video website, www.ku6.com, Ku6 Media provides online video
uploading and sharing service, video reports, information and entertainment in
China.For more information about Ku6 Media, please visit http://ir.ku6.com.
SINA is an Internet media company serving China and the global Chinese
communities. Our digital media network of SINA.com (portal), Weibo.com (social
media),SINA.cn (mobile portal) and other mobile applications, enable Internet
users to access professional media and user generated content in multi-media
formats from the web and mobile devices and share their interests with friends
SINA.com offers distinct and targeted professional content on each of its
region specific websites and a range of complementary offerings. Based on an
open platform architecture to host organically developed and third-party
applications, Weibo is a form of social media, featuring microblogging
services and social networking services that allow users to connect and share
information anywhere, anytime and with anyone on the platform. SINA.cn
provides information and entertainment content from SINA portal customized for
mobile (WAP) users. We have also developed a broad range of mobile apps, such
as SINA News, SINA Sports, SINA Finance and SINA Entertainment to complement
our mobile offering.
Through these properties and other product lines, SINA offers an array of
online media and social networking services to its users to create a rich
canvas for businesses and advertisers to connect and engage with their
targeted audiences. SINA generates the majority of its revenues from online
advertising, MVAS and fee-based services.
Safe Harbor Statement
This news release contains statements of a forward-looking nature. These
statements are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. You can identify these
forward-looking statements by terminology such as "believes," "could,"
"expects," "may," "might," "should," "will," or "would," and by similar
statements. 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 its 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. Some of the risks and important
factors that could affect the Company's future results and financial condition
include: continued competitive pressures in China's internet video portal
market; changes in technology and user preference in this market; the risk
that Ku6 Media may not be able to control its expenses in the future;
regulatory changes in China with respect to the operations of internet video
portal websites; the success of Ku6 Media's ability to sell advertising and
other services on its websites; and other risks outlined in the Company's
filings with the Securities and Exchange Commission, including the Company's
annual report on Form 20-F. Ku6 Media does not undertake any obligation to
update this forward-looking information, except as required under law.
SOURCE Ku6 Media Co., Ltd.
Contact: Ms. Helen Zou, Investor Relations Director, +86-10-5758-6835,
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