{"id":7008,"date":"2013-05-29T09:13:04","date_gmt":"2013-05-29T13:13:04","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=7008"},"modified":"2013-05-29T09:13:04","modified_gmt":"2013-05-29T13:13:04","slug":"ku6-media-co-ltd-nasdaqkutv-shares-gained-by-9-08","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/ku6-media-co-ltd-nasdaqkutv-shares-gained-by-9-08-7008","title":{"rendered":"Ku6 Media Co Ltd (NASDAQ:KUTV) shares gained by 9.08%"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 05\/29\/2013 (wallstreetpr) &#8211;\u00a0In Tuesday\u2019s trading session, shares of Ku6 Media Co Ltd (NASDAQ:KUTV) rose by 9.08%. The opening price $1.21 touched an intraday high of $1.35 before dipping to $1.21 per share. More than 0.286 shares were traded in Tuesday&#8217;s trading session which was lower than the average volume of 0.424M that was measured over a period of 30 days.<\/p>\n<p style=\"text-align: justify;\">\u00a0Ku6 Media Co Ltd (NASDAQ:KUTV) is a prominent internet video company. It focuses on User Generated Content in China. The company announced its un-audited financial results for the 2013 Q1 that ended 31 March 31, 2013. In the first-quarter of 2013 <em>the total revenues<\/em>\u00a0were US$3.07 million. This represented an 8.4% drop from US$3.35 million that it stood at, in the fourth-quarter of 2012. This was also a drop of 34.4% from US$4.68 million that it stood at, in the first-quarter of 2012. In the 2011 Q2, the\u00a0Ku6 Media Co Ltd (NASDAQ:KUTV) started generating advertising revenues largely from various performance advertising services. It used a system called Application Advertisement. This performance-advertising revenue was realized via an affiliated, advertising agent.<\/p>\n<p style=\"text-align: justify;\">This agent is under the common control of the Company&#8217;s majority shareholder, Shanda Interactive Entertainment Limited. KUTV generated revenues totaling 95.8% in the first-quarter of 2013 via the affiliated advertising agent, in comparison to 87.5% of total revenues in the 2012 Q4. In the first-quarter of 2013, t<em>he cost of revenue<\/em>\u00a0was US$3.13 million. This represented a drop of 16.5% from US$3.75 million that it stood at, in the 2012 Q4 and a drop of 11.3% from US$3.53 million in the 2012 Q1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 05\/29\/2013 (wallstreetpr) &#8211;\u00a0In Tuesday\u2019s trading session, shares of Ku6 Media Co Ltd (NASDAQ:KUTV) rose by 9.08%. The opening price $1.21 touched an intraday [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":7009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,263],"tags":[2359,2360],"stock_ticker":[],"class_list":["post-7008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-technology","tag-ku6-media-co-ltd-nasdaqkutv","tag-nasdaqkutv","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ku6 Media Co Ltd (NASDAQ:KUTV) shares gained by 9.08% - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/ku6-media-co-ltd-nasdaqkutv-shares-gained-by-9-08-7008\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ku6 Media Co Ltd (NASDAQ:KUTV) shares gained by 9.08% - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 05\/29\/2013 (wallstreetpr) &#8211;\u00a0In Tuesday\u2019s trading session, shares of Ku6 Media Co Ltd (NASDAQ:KUTV) rose by 9.08%. 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