Skip to main content

China Media Revenues Reach 88.8B Yuan

Pacific Epoch -- State Administration of Radio, Film and Television (SARFT) vice president Zhang Haitao said at China's 2006 Radio and Television Expo that China's radio, film and television industry recorded 88.8 billion Yuan in revenues in 2005, up 7.77 percent from 2004, reports Sina.

Advertising accounted for 45.8 billion Yuan, or 51 percent, off all revenues. Cable TV fees accounted for 15.12 billion Yuan, and movie ticket sales were responsible for another 2 billion Yuan.

Of the advertising revenues, 39.7 billion Yuan came from TV ads and 5 billion Yuan from radio ads. Guangdong province was first in advertising revenues at 8.38 billion Yuan in 2005. Second to seventh were Shanghai, Zhejiang, Jiangsu, Beijing, Shandong and Hunan.

Popular posts from this blog

Bold Broadband Policy: Yes We Can, America

Try to imagine this scenario, that General Motors and Ford were given exclusive franchises to build America's interstate highway system, and also all the highways that connect local communities. Now imagine that, based upon a financial crisis, these troubled companies decided to convert all "their" local arteries into toll-roads -- they then use incremental toll fees to severely limit all travel to and from small businesses. Why? This handicapping process reduced the need to invest in building better new roads, or repairing the dilapidated ones. But, wouldn't that short-sighted decision have a detrimental impact on the overall national economy? It's a moot point -- pure fantasy -- you say. The U.S. political leadership would never knowingly risk the nation's social and economic future on the financial viability of a restrictive duopoly. Or, would they? The 21st century Global Networked Economy travels across essential broadband infrastructure. The forced intro...