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Comment on Xiaomi’s US$1B for Digital Content, Poaches Online Media Guru Chen Tong [Updated] by Xiaomi(샤오미) To Invest Millions USD in Video Site Youku Tudou(요쿠 투도우) - Platum
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Comments for TechNode
The company has hired Chen Tong, editor-in-chief of Sina since 1998, to take charge of its digital content business and serve as vice president.
When it comes to digital content, Xiaomi so far only owns a digital book publishing service, Duokan.
Xiaomi Smart TV and set-top box stream online videos from authorized licensees, or indeed unauthorized online video services (tech-savvy users always finding work-arounds).
Xunlei, in which Xiaomi has the biggest stake, also runs a video streaming service, and Xiaomi products have integrated its services.
It’s unknown whether Xiaomi will establish a video streaming service or produce original content as LeTV does in the near future.
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