BEIJING, Sept. 29, 2015 /PRNewswire/ -- Ku6 Media
Co., Ltd. ("Ku6 Media" or the "Company," NASDAQ: KUTV), a leading
internet video company focusing on User Generated Content ("UGC")
in China, today announced that it
had held a press conference to launch a new business of video
social communication to be known as "Model Interactive
Community".
The press conference successfully attracted approximately 40
well-known media companies,
including Sina (SINA), NetEase (NTES), Xinhuanet and others. "Model
Interactive Community" is an online live video communication
program where models can interact with visitors directly.
"It's my pleasure to announce that our new business, the 'Model
Interactive Community,' has been successfully launched," Mr. Feng
Gao, Chief Executive Officer of Ku6 Media, commented, "we
believe that the new business will bring more user traffic and
opportunities for revenue growth in the future."
About Ku6 Media Co., Ltd.
Ku6 Media Co., Ltd. (NASDAQ: KUTV) is a leading internet video
company in China focused on User
Generated Content ("UGC"). Through its premier online brand and
online video website, www.ku6.com, Ku6 Media provides online
video uploading and sharing service, video reports, information and
entertainment in China. For more
information about Ku6 Media, please
visit http://ir.ku6.com.
Forward-looking Statements
This news release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "believes," "could," "expects," "may," "might,"
"should," "will," or "would," and by similar statements.
Forward-looking statements are not historical facts, but instead
represent only the Company's beliefs regarding future events, many
of which, by their nature, are inherently uncertain and outside of
its control. It is possible that the Company's actual results and
financial condition may differ, possibly materially, from the
anticipated results and financial condition indicated in these
forward-looking statements. Some of the risks and important factors
that could affect the Company's future results and financial
condition include: continued competitive pressures in China's internet video portal market; changes
in technology and consumer demand in this market; the risk that Ku6
Media may not be able to control its expenses in the future;
regulatory changes in China with
respect to the operations of internet video portal websites; the
ability of the Company to consistently derive revenues from its
renewed agreement with Huzhong; the success of Ku6 Media's ability
to sell advertising and other services on its websites; and other
risks outlined in the Company's filings with the Securities and
Exchange Commission,including the Company's annual report on Form
20-F. Ku6 Media does not undertake any obligation to update this
forward-looking information, except as required under law.
For further information, please contact:
Ms. Wendy Xuan
Investor Relations Manager
Telephone +86 10 5758 6819
ir@ku6.com
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SOURCE Ku6 Media Co., Ltd.