Brief: Phoenix New Media Says New Program Resource License, Cooperation Agreement With Unit Of Its Parent Co, Phoenix TV
26/04/2024 11:26
April 26 (Reuters) - Phoenix New Media Ltd 1PX.F :
* PHOENIX NEW MEDIA: NEW PROGRAM RESOURCE LICENSE AND
COOPERATION
AGREEMENT WITH UNIT OF ITS PARENT CO, PHOENIX TV
* PHOENIX NEW MEDIA LTD: PHOENIX TV GRANTS THE LICENSEE
EXCLUSIVE
RIGHT TO BROADCAST COPYRIGHTED VIDEO CONTENT OF PHOENIX TV
* PHOENIX NEW MEDIA LTD: ANNUAL FEES PAYABLE TO PHOENIX TV
BY THE
COMPANY FOR SUCH CONTENT LICENSES WILL BE RMB50.0 MILLION
* PHOENIX NEW MEDIA LTD: TERM OF LICENSE UNDER 2024 PROGRAM
LICENSE AGREEMENT IS ONE YEAR STARTING FROM AUG 24, 2024 AND
ENDING ON AUG 3, 2025
Source text for Eikon: ID:n0000950170-24-048620
Further company coverage: 1PX.F
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Phoenix New Media Says New Program Resource License, Cooperation Agreement With Unit Of Its Parent Co, Phoenix TV