Chinese Sites Ku6, Sohu Establish Anti-Piracy Fund

Authored by Mark Hefflinger on January 4, 2010 - 11:32am.

Beijing - Chinese content sites Ku6.com and Sohu.com on Monday jointly announced the creation of a new International Movie & TV Copyright Joint Procurement Fund, into which they will each invest $5 million.

The fund -- the first of its kind in China -- is also supported by China's State Administration of Radio, Film and Television, the National Copyright Administration of China, the Beijing International Copyright Trade Center and CCTV International.

"The hearts of editors at Ku6.com are bleeding. Pioneering the fight against piracy requires more than just courage," said CEO Li Shanyou.

Ku6.com said that it started deleting foreign films and TV series uploaded to its site by users late last year, with Li sating that "the website will see a decline in traffic as a result of the move... but is confident that traffic will surge in several months, when Internet users can only choose to watch [licensed] copyrighted content because other websites will be deleting [unlicensed] copyrighted videos too."

Related Links:
http://snipurl.com/tytwr

http://www.ku6.com

http://www.sohu.com