Same ol Story… With an Opinion…

China publishes blacklist of video Web sites | Technology | Reuters

Posted by midnightcraz on March 20, 2008

SHANGHAI (Reuters) – Chinese authorities ordered 25 video-sharing Web sites to halt operations and issued warnings to dozens of others on Thursday, tightening their grip on online content in a move which could scare away future investment in the sector.

Among the Web sites to be warned was Tudou.com, which is backed by a unit of venture capital heavyweight IDG and received an official warning under new rules to curb pornographic, violent and political content.

Venture capital firms such as Sequoia, IDG and Steamboat Ventures have poured into the Internet sector in China — by some estimates now the world’s biggest Web market — in search of the next YouTube, which was acquired by Google.

But Beijing said late last year that only state-owned or state-controlled companies can apply for licenses to broadcast or stream video online.

China publishes blacklist of video Web sites | Technology | Reuters

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