Blockbuster'S Listing Is On The Agenda.

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Zhu Hongren, member and chief engineer of the Party branch of the Ministry of industry and information, revealed in October 28th that as of now, more than 20 provinces have launched commercial applications of Internet Protocol Television (IPTV) and cable TV Internet access, IPTV users have exceeded 5 million, cable TV Internet access users have reached 5 million, and mobile TV users have exceeded 6 million.

Reporters learned that, among the about 5000000 IPTV users in the country, 70% of users provided content from blockbuster, and since 2009, the IPTV business of blockbuster in Shanghai has begun to charge users.

According to the relevant people of blockbuster, at present, the IPTV from Shanghai Telecom is charging about 15 yuan per household. According to the 1 million 100 thousand users in Shanghai, the annual IPTV revenue of blockbuster only reached 130 million yuan in Shanghai.

According to the announcement of blockbuster shareholders, the net profit of $119 million in 2009 was achieved in 2008.

In September 28th this year, the Oriental media group purchased 29 million 100 thousand shares from the same side for 309 million yuan, with a shareholding ratio of 44.7%, becoming a major shareholder, while the same party shares fell to two shareholders.

According to the insiders, it is clear that the rise of profits and the establishment of a good business model have enabled the Orient media to realize that the conditions for listing blockbuster are ripe.

More informed sources told reporters, "now blockbuster is expected to enter the gem, has completed the guidance of the early stage of the listing, and find a good broker."

But blockbuster officials say no news is available.

However, after three networks convergence in September this year, 12 pilot cities were set aside, the blockbuster, a pioneer of new media, began to face greater competition pressure.

According to the announcement of the first three quarters of this year by several listed radio and television network companies, our reporter noted that although the government subsidies increased significantly, the net profit of Print-Rite video, Ge Hua cable and radio and television networks decreased slightly compared to the same period last year.

After the conversion of digital TV, its profits will not rise and fall, and the more developed the IPTV business, the greater the profits of radio and television operators.

In Shanghai, which has 1 million 100 thousand IPTV users, the local broadcasting and television operators East cable in 2007, 2008, 2009 and 2010 1 to August, respectively, realized net profit of 170 million yuan, 84 million 460 thousand yuan, 48 million 330 thousand yuan and 5 million 370 thousand yuan, showing a downward trend year by year. This Oriental Cable insider said, "IPTV is the cause of disaster."