Renren Media Limited has tied-up with Twentieth Century Fox
International, to produce a co-branded website promoting Fox movies and
related paraphernalia in Hong Kong, Taiwan, Singapore and China.
The memorandum of understanding signed by both parties dictates that
proprietary entertainment content be provided by Fox; with Renren Media
meanwhile, overseeing production and maintenance of the website.
Renren will also take charge of the site's hosting services, while
translating and adapting Fox material and tailoring it to individual
markets.
Fox senior vice-president for Asia-Pacific, Paul Hanneman, said the
website would give Fox films a greater reach into the global Chinese
online community, currently dominated by Renren Media.