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Interesting Article
Source: http://digg.com/offbeat_news/CHRIST...MILLION_DOLLARS
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CHRISTMAS GATE WORTH 100 MILLION DOLLARS
This is absolutely not an antique or hi-tech gate, nor is it any real gate. It is a clumsily designed picture on a certain web page. Nevertheless, the owner wishes to sell it for 100 million dollars. It is a domain name of the Internet, yule.cn. In English, yule means Christmas. While in Chinese, it means entertainment. Thus, this domain name becomes a big name for China Entertainment. The owner says that he has sent emails to CEOs of News Corporation, Viacom, AOL, Disney, Universal and other big companies with a sales proposal. He also approaches capital brokers for help.
Entertainment, news, sports and finance are the four most important sections in Chinaâs information portals. And entertainment has the second largest amount of clicks behind news. As an analysis by Yahoo reveales, people are far more concerns about entertainment news than international news. This has been confirmed by what happened to a popular singing contest show in China, Super Girl, which attracted 400 million viewers last year. The sponsoring company, Mengniu Dairy, raked in 1.1 billion HK dollars in Hong Kong stock market. The number of people who use mobile phone to access the Internet will soar again in the 3G era. Since mobile phone input is somewhat limited, a brief domain name will facilitate the access. However, due to an extremely tight supervision upon traditional media in China, not much support was given to investment in transnational media companies. Thus, media magnates are making a turn these couple of years to invest heavily in the Internet, hoping to have a fair share in the country which has a population as large as 1.3 billion in the future.
Will yule.com catch media magnatesâ eyes? Who will obtain this domain name finally and land before others the on-line entertainment market which receives least impact by Chinaâs policy supervision? Will this red gate open at last to welcome the 100 million US dollars? No one knows.
Source: http://digg.com/offbeat_news/CHRIST...MILLION_DOLLARS
_______________________
CHRISTMAS GATE WORTH 100 MILLION DOLLARS
This is absolutely not an antique or hi-tech gate, nor is it any real gate. It is a clumsily designed picture on a certain web page. Nevertheless, the owner wishes to sell it for 100 million dollars. It is a domain name of the Internet, yule.cn. In English, yule means Christmas. While in Chinese, it means entertainment. Thus, this domain name becomes a big name for China Entertainment. The owner says that he has sent emails to CEOs of News Corporation, Viacom, AOL, Disney, Universal and other big companies with a sales proposal. He also approaches capital brokers for help.
Entertainment, news, sports and finance are the four most important sections in Chinaâs information portals. And entertainment has the second largest amount of clicks behind news. As an analysis by Yahoo reveales, people are far more concerns about entertainment news than international news. This has been confirmed by what happened to a popular singing contest show in China, Super Girl, which attracted 400 million viewers last year. The sponsoring company, Mengniu Dairy, raked in 1.1 billion HK dollars in Hong Kong stock market. The number of people who use mobile phone to access the Internet will soar again in the 3G era. Since mobile phone input is somewhat limited, a brief domain name will facilitate the access. However, due to an extremely tight supervision upon traditional media in China, not much support was given to investment in transnational media companies. Thus, media magnates are making a turn these couple of years to invest heavily in the Internet, hoping to have a fair share in the country which has a population as large as 1.3 billion in the future.
Will yule.com catch media magnatesâ eyes? Who will obtain this domain name finally and land before others the on-line entertainment market which receives least impact by Chinaâs policy supervision? Will this red gate open at last to welcome the 100 million US dollars? No one knows.
