Artivision: announced that China Network Television (CNTV), the online TV division of China's national TV station, has agreed to offer Artivision’s Advision application to advertisers seeking to hawk their wares on CNTV's website. Ad revenue will then be shared. Already, Dongfeng Motors has signed up for a 2 mth long advertising campaign on CNTV that will use Advision.
Artivision has also linked up with 2 other online video websites, www.56.com (http://www.56.com) and www.baomihua.com (http://www.baomihua.com). According to iResearch, CNTV attracted an avg 70.5m visitors to its website each mth during 1Q11; www.56.com (http://www.56.com) saw 109.6m visitors mthly; www.baomihua.com (http://www.baomihua.com) had 48.9m visitors.
Stock +1.4% at $0.149.
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