BesTV Video Game Business Has Settled to Capture the Living Room

Recently, BesTV officially launched the Xbox One Chinese terminal Internet TV business, and will increase sales and service of Xbox One finished products, and accelerate the construction of home gaming entertainment industry. Xbox One is the first listed state-owned game and entertainment console in the Shanghai Free Trade Zone. There are a number of games that have entered the approval process.

Thanks to the policy advantages of the Shanghai Free Trade Zone, BesTV has taken the lead in the industry in seizing the living room game market. At present, the first order of BesTV's video game business has been settled. In the future, the company will also establish an application innovation center for family games and build an incubator base for family game entertainment.

The first game of the video game is settled

Following the official launch of the nation’s first game and entertainment console, BesTV officially launched the Xbox One Terminalized Internet TV business on January 21. It is reported that Xbox One Chinese version of the video service has access to BesTV's exclusive operating Shanghai TV and TV Internet TV integrated broadcast control platform. While gaming users play games through Xbox One, they can also watch BesTV's Internet TV services, such as popular movie and TV dramas, football matches and more.

BesTV said that the Xbox One Chinese version of the Internet TV service is based on home entertainment, featuring popular movies and TV shows, top events, high-quality animations, documentaries and entertainment programs, and all of the above will support full HD playback. .

In September 2013, BesTV issued an announcement that it will jointly invest 79 million U.S. dollars in joint ventures with Microsoft. Among them, BesTV accounted for 51% of the shares, and Microsoft accounted for 49% of the shares. The new company is called Shanghai Baijiahe Information Technology Development Co., Ltd. The joint venture company is registered in the Shanghai Free Trade Zone. BesTV received a sales license from Microsoft's game console Xbox China. On September 29, 2014, BesTV first launched the Xbox One, becoming the first Chinese company to "eat crabs."

With the lifting of the ban on gaming consoles in China for 13 years and the rapid spread of hardware devices such as smart TVs and set-top boxes, the video game industry is expected to usher in an outbreak. According to the 2013 China Game Industry Report released by the Game Working Committee, a large number of light game users will need to change their direction in the future and turn to more expressive game forms, such as video games. Tao Mingcheng, the vice president of Broadview, believes that the video game market will reach 21.5 billion yuan from the start of zero until 2017, and the development speed will be very alarming.

At present, the first order of BesTV's video game business has been settled. Haitong Securities believes that after the merger of BesTV and Oriental Pearl, the original PS4 console business, which was jointly introduced by Oriental Pearl and Sony, will be coordinated with Microsoft's Xbox One to promote the rapid development of the company’s game business.

The game becomes the focus of force

In recent years, BesTV has made continuous efforts in building entertainment industry chain, holding popular website of video websites, acquiring internet marketing companies, and establishing joint ventures with Microsoft. Tao Mingcheng pointed out that the development goal of BesTV in the future is to create a family entertainment center that can not only watch TV but also play games and shopping.

The game has become the focus of BesTV. According to Tao Mingcheng, BesTV cooperates with Microsoft in the direction of cooperating with the industry by setting up an application innovation center for family games in the Shanghai Free Trade Zone, building an incubation base for family games and entertainment, creating new platforms, new models, and new channels. Domestic video game incubator construction.

Tao Mingcheng stated that compared to online games and mobile games, video games have higher technical requirements, longer research and development cycles, larger investment scales, and higher return on production value. By building an incubator base for the home entertainment industry and setting up a game application innovation fund, you can increase the opportunities for local original game companies to enter the field of video games, promote the cross-platform development of domestic boutique online games, and enhance the domestic game industry team in home game entertainment. The development and operation capabilities of the market lay a long-term technical foundation and talent reserve for the sustainable development of the industry.

In September 2013, BesTV issued an announcement that it will jointly invest 79 million U.S. dollars in joint ventures with Microsoft. Among them, BesTV accounted for 51% of the shares, and Microsoft accounted for 49% of the shares. The new company is called Shanghai Baijiahe Information Technology Development Co., Ltd. The joint venture company is registered in the Shanghai Free Trade Zone. BesTV received a sales license from Microsoft's game console Xbox China. On September 29, 2014, BesTV first launched the Xbox One, becoming the first Chinese company to "eat crabs."

With the lifting of the ban on gaming consoles in China for 13 years and the rapid spread of hardware devices such as smart TVs and set-top boxes, the video game industry is expected to usher in an outbreak. According to the 2013 China Game Industry Report released by the Game Working Committee, a large number of light game users will need to change their direction in the future and turn to more expressive game forms, such as video games. Tao Mingcheng, the vice president of Broadview, believes that the video game market will reach 21.5 billion yuan from the start of zero until 2017, and the development speed will be very alarming.

At present, the first order of BesTV's video game business has been settled. Haitong Securities believes that after the merger of BesTV and Oriental Pearl, the original PS4 console business, which was jointly introduced by Oriental Pearl and Sony, will be coordinated with Microsoft's Xbox One to promote the rapid development of the company’s game business.

The game becomes the focus of force

In recent years, BesTV has made continuous efforts in creating entertainment industry chain, holding popular website of video websites, acquiring Internet marketing companies, and establishing joint ventures with Microsoft. Tao Mingcheng pointed out that the development goal of BesTV in the future is to create a family entertainment center that can not only watch TV but also play games and shopping.

The game has become the focus of BesTV. According to Tao Mingcheng, BesTV cooperates with Microsoft in the direction of cooperating with the industry by setting up an application innovation center for family games in the Shanghai Free Trade Zone, building an incubation base for family games and entertainment, creating new platforms, new models, and new channels. Domestic video game incubator construction.

Tao Mingcheng stated that compared to online games and mobile games, video games have higher technical requirements, longer research and development cycles, larger investment scales, and higher return on production value. By building an incubator base for the home entertainment industry and setting up a game application innovation fund, you can increase the opportunities for local original game companies to enter the field of video games, promote the cross-platform development of domestic boutique online games, and enhance the domestic game industry team in home game entertainment. The development and operation capabilities of the market lay a long-term technical foundation and talent reserve for the sustainable development of the industry.
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