Posted tagged ‘Shanda Literature’

Shanda Literature (China): harvest of diverse development

06/09/2011

Thanks to its diverse reading channels and development, Shanda Literature earned 173 million RMB net revenue in the second quarter this year (+24% y-o-y) according to its latest financial statement, for a total of 311 million RMB net revenue in the first half year (+111% y-o-y). At present, Shanda Literature has six original literature webs [...]

China’s Shanda Literature cuts Bambook e-reader price by half to support US listing

05/07/2011

Shanda Network announced that the price of its Bambook e-reader will decrease from 999 RMB to 499 RMB, attracting great attention in the e-book industry. Other enterprises also lower the price of e-readers The behavior of Shanda triggers a new round of price reduction in the e-reader market. Sun Peilin analyzes that some enterprises like [...]

Three statements on Internet copyright protection of digital publishing in China

18/05/2011

Internet copyright piracy has a big impact on the development of digital publishing. Measures to stop online copyright infringement and piracy were a hot topic at the 7th China International Cultural Industry Fair. The managers of online platforms should set a good example of copyright protection A series of digital copyright infringement cases threatens the [...]

Baidu beaten in landmark copyright case, must compensate Shanda Literature

12/05/2011

The article in Global Times reports: “A Shanghai district court has ordered search engine giant Baidu to pay half a million yuan ($75,700) in compensation to Shanda Literature, an original content provider website, in a major copyright lawsuit case.” The reason stated is that Baidu ” did not remove unauthorized literary works from its website [...]

Taobao Bookstore client launched in China – digital copyright competition?

06/05/2011

Shortly after Shanda Literature released its Cloud Bookstore 2.0, Taobao Bookstore has also launched its client. Baidu Library is trying to eliminate the negative influence of its copyright infringement crisis. Apparently, a new round of competition in the digital copyright market is on the verge of breaking out. Source: Taobao Bookstore client launched (in Chinese) [...]

Cloudary IPO: Online publishing unit previously called Shanda Literature to list in the US

21/04/2011

Shanda Interactive Entertainment Ltd submitted a draft registration statement to the SEC for an IPO of Cloudary, China’s largest online network literature platform preivously called Shanda Literature Ltd. Sources: Shanda Literature submitted IPO application (in Chinese) Shanda Files for U.S. IPO of Online Publishing Unit Cloudary (in English) See previous posts: Shanda Literature’s Cloud Bookstore: [...]

Chinese authors blame search giant Baidu for copyright infringement – with comment

16/03/2011

On the occasion of World Consumer Rights Day, fifty authors accused China’s largest search engine Baidu of participating in copyright violations in an open letter on publisher Shen Haobo’s blog (in Chinese). As the Xinhua.net article “China’s search giant Baidu in wrangle over copyright theft” states, this coincided with a call by China Written Works [...]

Shanda Literature’s Cloud Bookstore: one-year promotion and new features (China)

18/02/2011

Shanda Literature declared its Cloud Bookstore officially as an independent operation under the new domain www.yzsc.com.cn, further integrating its digital publishing industrial chain. Since Cloud Bookstore waives the user channel charge for one year, many classic books and best-sellers can be downloaded for free. According to statistics, currently 95% of the books in Cloud Bookstore [...]

Baidu Library responds to infringement: plans to share ad profits with copyright holders (China)

26/11/2010

Baidu Library is an online document-sharing platform designed for teachers, students, career white-collar workers, etc. to provide courseware, exercises, professional information and other documents. It is occupying 70% of the market and has been blamed for copyright infringement, especially by its rival Shanda Literature. On Baidu Library’s first-year anniversary, Baidu’s Product Director indicated that the [...]

Complete list of enterprises which received e-book licenses (China)

06/11/2010

As mentioned in the post “E-books in China: first licenses issued; regulations for foreign products coming“, thirty enterprises were awarded four different kinds of e-book licenses. Below is a complete list as stated on the GAPP website (in Chinese), some of the lesser-known companys’ names might not be translated correctly 100%, for some I added [...]

E-books in China: first licenses issued; regulations for foreign products coming

05/11/2010

The altogether thirty licenses issued to 21 companies yesterday fall into four categories: e-book publishing: 4 licenses, among them for China Publishing Group, e-book reproduction: 13 licenses, among them for Hanvon Technology and Shanda Literature, e-book distribution: 8 licenses, e-book import and export: 5 licenses, among them for China Import and Export Group. GAPP’s vice [...]

Shanda Literature CEO warns Kindle will fail in China

27/10/2010

As China Daily‘s article “Rival warns Kindle will fail in China” states, Shanda Literature’s CEO “Hou Xiaoqiang said rampant piracy, fierce competition from copycat products and the lack of support from domestic publishers will hamper the success of Amazon’s e-book reader”. The article mentions further comments by Hou on the importance of content.  


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