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China restricts broadcasting of Internet video

Under a new policy that aims at protecting its reputation, China has decided to limit the broadcasting of Internet videos to sites run by state-controlled companies. The country's new policy includes Internet videos posted on video-sharing websites and requires video providers to report questionable content to the government.

According to the new regulations, websites need to get government permits so that they could be able to provide video programming or allow users to upload video. Applicants also must be either state-owned or state-controlled companies. This contrasts with the majority of Internet video providers in China, which are private.

Both the State Administration of Radio, Film and Television and the Ministry of Information Industry agreed the new regulations under which Internet video providers "should insist on serving the people, serve socialism ... and abide by the moral code of socialism." The rules interdict providers to broadcast video that involves national secrets, disrupts social stability or promotes pornography.

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Best & Worst: YouTube's journey from niche video site to $1.65 billion Web wonder

This post is written as part of AOL Money & Finance's Best & Worst of 2006. Vote for YouTube as the up and comer of 2006, or check out the other nominees in the category.

My six year old and I share a fascination for YouTube, the viral video-sharing site that Google Inc. (NASDAQ:GOOG) recently acquired for $1.65 billion. I got interested in the site last April after I read an article in Slate about the lip-syncing phenomenon on YouTube and then shared a few videos mentioned with my daughter.

We quickly became fans of the Two Chinese Boys and then went on to look at other Chinese music videos (this is a really catchy tune). I've been able to introduce her to Elvis in all his Las Vegas glory, early R.E.M., and just today, Donny and Marie. That reminds me, I bet there are some Captain and Tennille videos I should dig up to show her as well ...

Just in writing this post, we've ended up yet again as a family gathering around the computer viewing choice items found on YouTube. My husband just walked away frustrated once more that we wouldn't spend more time searching out game-winning shots from famous basketball games from the 1970s.

Continue reading Best & Worst: YouTube's journey from niche video site to $1.65 billion Web wonder

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