Phoenix Television

Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian

Retrieved on: 
Tuesday, July 23, 2019
Phoenix Television, Phoenix

The second and third installments of US$20 million and US$60 million will become due on July 30, 2019 and August 10, 2019, respectively.

Key Points: 
  • The second and third installments of US$20 million and US$60 million will become due on July 30, 2019 and August 10, 2019, respectively.
  • The Supplemental Agreement is subject to approval by the shareholders of the Company's parent company, Phoenix Media Investment (Holdings) Limited (HK: 2008), a company listed on The Stock Exchange of Hong Kong ("Phoenix TV").
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China.
  • Statements that are not historical facts, including statements about Phoenix New Media's beliefs and expectations, are forward-looking statements.

Phoenix New Media Announces Update on Proposed Sale of Investment in Particle

Retrieved on: 
Friday, June 28, 2019
Phoenix Television, Phoenix, Arizona

BEIJING, June28, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced certain update on the proposed sale of 32% of the total outstanding shares of Particle Inc. ("Particle") to Run Liang Tai Management Limited ("Run Liang Tai") and its designated entities (the "Proposed Buyers") for a total consideration of US$448 million in cash (the "Proposed Transaction").

Key Points: 
  • BEIJING, June28, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced certain update on the proposed sale of 32% of the total outstanding shares of Particle Inc. ("Particle") to Run Liang Tai Management Limited ("Run Liang Tai") and its designated entities (the "Proposed Buyers") for a total consideration of US$448 million in cash (the "Proposed Transaction").
  • The Company is in discussion with Run Liang Tai in order to find an amicable resolution.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China.
  • Statements that are not historical facts, including statements about Phoenix New Media's beliefs and expectations, are forward-looking statements.

Phoenix New Media Reports First Quarter 2019 Unaudited Financial Results

Retrieved on: 
Monday, May 13, 2019
Phoenix, Arizona, Phoenix Television

BEIJING, May 13, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), aleading new media company in China, today announced its unaudited financial results for the first quarterended March 31, 2019.

Key Points: 
  • BEIJING, May 13, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), aleading new media company in China, today announced its unaudited financial results for the first quarterended March 31, 2019.
  • The total consolidated paid services revenues for the first quarter of 2019 increased by 66.1% year over year to RMB68.9 million.
  • Gross profit for thefirst quarter of 2019 wasRMB106.7 million (US$15.9 million),as compared toRMB156.2 million in the first quarter of 2018.
  • Net loss attributable to Phoenix New Media Limited for the first quarter of 2019 was RMB119.7 million (US$17.8 million), as compared to net loss attributable to Phoenix New Media Limited of RMB57.5 million in the first quarter of 2018.

Phoenix New Media Filed 2018 Annual Report on Form 20-F

Retrieved on: 
Friday, April 26, 2019
New York Stock Exchange, Phoenix Television, Phoenix, Arizona, Companies, Economy of the United States

BEIJING, April 26, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 (the "2018 20-F") with the Securities and Exchange Commission on April 26, 2019.

Key Points: 
  • BEIJING, April 26, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 (the "2018 20-F") with the Securities and Exchange Commission on April 26, 2019.
  • The 2018 20-F can be accessed on the Company's investor relations website at http://ir.ifeng.com .
  • Requests can be directed to Qing Liu, Phoenix New Media Limited, Sinolight Plaza, No.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China.

Phoenix New Media Announces Definitive Agreement to Sell Investment in Yidian

Retrieved on: 
Friday, March 22, 2019
Phoenix Television

Particle owns Yidian Zixun ("Yidian"), a rapidly-growing personalized news and lifestyle information application in China that allows users to efficiently define and explore individualized content over mobile devices.

Key Points: 
  • Particle owns Yidian Zixun ("Yidian"), a rapidly-growing personalized news and lifestyle information application in China that allows users to efficiently define and explore individualized content over mobile devices.
  • "We are moving one more step closer towards realizing the return on our investment in Yidian,"said Mr. Shuang Liu, Chief Executive Officer of iFeng.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China.
  • Statements that are not historical facts, including statements about Phoenix New Media's beliefs and expectations, are forward-looking statements.

Phoenix New Media Announces Further Investment in Tadu

Retrieved on: 
Friday, March 1, 2019
Phoenix Television, Feng

Yitian Xindong owns the mobile application Tadu, a leading online reading application in China that currently has more than one million daily active users.

Key Points: 
  • Yitian Xindong owns the mobile application Tadu, a leading online reading application in China that currently has more than one million daily active users.
  • "The strategic investment in Tadu is about unleashing Fanyue's full potential, building upon our collective synergies," said Mr. Shuang Liu, Chief Executive Officer of Phoenix New Media.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China.
  • Statements that are not historical facts, including statements about Phoenix New Media's beliefs and expectations, are forward-looking statements.

Phoenix New Media Announces Letter of Intent for Sale of Investment in Yidian

Retrieved on: 
Monday, February 25, 2019
Phoenix Television

Particle owns Yidian Zixun ("Yidian"), a rapidly-growing personalized news and lifestyle information application in China that allows users to efficiently define and explore individualized content over mobile devices.

Key Points: 
  • Particle owns Yidian Zixun ("Yidian"), a rapidly-growing personalized news and lifestyle information application in China that allows users to efficiently define and explore individualized content over mobile devices.
  • There is no assurance that any Definitive Agreement will ever be entered into or that the proposed transactions will ever be closed.
  • We also expect that our remaining interests in Particle will allow us to share in any further growth of Yidian.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China.

Phoenix New Media Announces Strategic Investment in Tadu

Retrieved on: 
Wednesday, December 19, 2018
Phoenix Television, Outlook

Yitian Xindong owns the mobile application Tadu, a leading online reading application in China that currently has more than one million daily active users.

Key Points: 
  • Yitian Xindong owns the mobile application Tadu, a leading online reading application in China that currently has more than one million daily active users.
  • "We are very excited to make a strategic investment in Yitian Xindong," said Mr. Shuang Liu, Chief Executive Officer of ifeng.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China.
  • Among other things, the business outlook and quotations from management in this announcement, as well as Phoenix New Media's strategic and operational plans, contain forward-looking statements.

Phoenix New Media Appoints New Senior Vice President to Strengthen Its Content Operations

Retrieved on: 
Wednesday, October 31, 2018
Phoenix Television, Phoenix Force, Phoenix, Arizona, New York Stock Exchange, Phoenix, Fiction, New York City

BEIJING, Oct. 31, 2018 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced the appointment of Mr. Chun Liu as its Senior Vice President to oversee the Company's development of original and proprietary short video content.

Key Points: 
  • BEIJING, Oct. 31, 2018 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced the appointment of Mr. Chun Liu as its Senior Vice President to oversee the Company's development of original and proprietary short video content.
  • During his tenure at Phoenix Satellite Television Holdings Ltd between 2000 and 2011, Mr. Liu served as the Executive Director of Phoenix Chinese TV.
  • Mr. Shuang Liu, CEO of Phoenix New Media, stated, "We are fortunate to add Chun's extensive knowledge and incredible talent to our operation team as a Senior Vice President.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China.

Phoenix New Media to Hold 2018 Annual General Meeting on November 15, 2018

Retrieved on: 
Monday, October 15, 2018
Phoenix Television, New York Stock Exchange, Annual general meeting, Phoenix, Arizona, New York City, Corporate finance

BEIJING, Oct. 15, 2018 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng", or the "Company"), today announced that it will hold its annual general meeting of shareholders at No.

Key Points: 
  • BEIJING, Oct. 15, 2018 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng", or the "Company"), today announced that it will hold its annual general meeting of shareholders at No.
  • The notice of the annual general meeting, which sets forth the resolutions to be submitted to shareholder approval at the annual general meeting, is available on the Investor Relations section of the Company's website at http://ir.ifeng.com .
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China.
  • Statements that are not historical facts, including statements about the beliefs and expectations of Phoenix New Media or its management, are forward-looking statements.