Chinese Government Demands Weibo Cease Streaming Video Services

By Editor
August 23, 2017

The Chinese adage that the tall blade of grass gets cut first is definitely true this week, Air Max 2017 Goedkoop as China’s top social media and microblogging platform has been ordered to stop its online video operations.

China’s State Administration of Press, Publication, Radio, Charlotte Hornets Film and Television issued a statement that all websites and online companies who lack sufficient licenses to provide streaming video services should halt those services immediately.

The sudden order affects not only Weibo, nike air max 2017 heren wit but also Hong Kong-based Phoenix Satellite Television Holdings Ltd.’s Internet video services in China, and VC-backed firm Acfund,

  • according to a report from China Money Network.

    Weibo reportedly previously acquired its license, Greyson Lambert UGA Jersey but it was suspended in 2014 because of alleged distribution of pornographic materials.

    Overnight, Nike Air Max 2016 męskie Weibo’s shares dropped 5% on the news, Los Angeles Angels Jerseys which further shows that company fundamentals often take a backseat to the whims of the government.

    SARFT tightened requirements for obtaining the “online broadcast certificate” last September, Taylor Martinez – Nebraska Cornhuskers requiring applicants to be 100% state-owned or controlled by state-owned entities, adidas neo męskie and having registered capital of over RMB10 million.

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