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Shanghai No. 1 in IPTV

Shanghai will remain at no. 1 in China’s IPTV market as its user base hits 3 million by the end of 2016 according to researches. Shanghai already has 2 million IPTV users currently and the numbers are expected to reach at 3 million by the end of this year. New technologies such as Virtual Reality …

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China Media Capital to take a stake in VR start-up NextVR

Virtual Reality is definitely taking up swiftly. NExtVR, a video streaming platform broadcaster of live events as well as VR headsets, is currently in a phase to acquire funding. The startup has successfully raised $80 million and is now looking over Asian markets to reach. The Shanghai investment group, China Media Capital (CMC) has also acquired …

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