China Said to Push for More State Control Over Video Websites

  • Government plan said to including stakes, board seats
  • China’s Communist Party tightening grip over online content

China’s media regulator is proposing online video companies including Youku Tudou Inc. and Synacast Corp.’s PPLive sell equity stakes to the government in a move that would tighten its control over the businesses, according to people familiar with the matter

To continue reading this article you must be a Bloomberg Professional Service Subscriber.