Vancouver, British Columbia & Hong Kong, China--(Newsfile Corp. - January 28, 2016) - World Mahjong Limited (CSE: WSM), owners and operators of the World Series of Mahjong© ("WSOM"), have signed an agreement with one of the largest internet television platforms in China – Youku Tudou. Youku will broadcast two episodes of 50-minute programs produced by WSOM that feature the 2015 WSOM Championship Main Event held on December 5 and 6 in Macau at The Venetian Macao Resort. The program will be broadcast by Youku in early 2016 on the company's main internet television platform.
As of January 2010 Youku.com was ranked #1 in the Chinese internet video sector. Youku Tudou is the result of the 2012 merger of Chinese internet sites Youku and Tudou, creating one of China's biggest video sites. Prior to the announcement of the merger, Youku was the #11 website in China, and Tudou was #14.
WSOM features the best mahjong players from around the world, all competing for cash prizes in an exhilarating tournament held in Asia's entertainment capital.
"The 2015 World Series of Mahjong Championship marked an important step in our bid to organize the highest-quality mahjong tournament in the world," said Mr. Jim Mehren, President of World Mahjong Limited. "Our broadcast agreement with Youku Tudou in China is a significant milestone in our plan to bring the event to a larger audience of mahjong enthusiasts, especially in the largest mahjong playing market in the world, China. We look forward to working closely with Youku Tudou to broaden the appeal of the World Series of Mahjong."
For more information on the World Series of Mahjong, please visit: http://worldmahjong.com
Media Contacts:
World Mahjong Limited
Bill Thomas
+1 604-343-2764
bthomas@worldmahjong.com
ABOUT THE WORLD SERIES OF MAHJONG:
The World Series of Mahjong is the first, true world championship mahjong tournament that offers a significant prize purse. The tournament is open to any participant of legal age, and is promoted throughout the world. The event is owned and operated by World Mahjong Limited.
ABOUT WORLD MAHJONG LTD:
The World Series of Mahjong is owned and managed by World Mahjong Limited. World Mahjong Limited was founded by a team of international media and entertainment professionals who are based in the Greater China region and well-versed in the management of high-profile international sporting and entertainment events.
ABOUT YOU KU
Youku Tudou Inc. is an Internet television company. The Company's Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices in the People's Republic of China. Its monthly visitors from home and office personal computer (PC) users numbered approximately 256 million and 169 million for Youku platform and Tudou platform, respectively. Through its Youku and Tudou platforms, it has built an online video content library. The videos accessible on its two platforms are produced content, such as television serial dramas, movies, variety shows, current events reports and music videos. The remaining content consists of user-generated content and in-house productions. The Company licenses professionally produced video content at fixed rates for a specified term. The terms of its licenses vary depending on the type of content and producer, though the terms for television serial dramas and movies range from six months to ten years.
The Canadian Securities Exchange and its regulation services provider have not reviewed and do not accept responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements
The information provided in this news release, including information incorporated by reference, may contain “forward-looking statements” about World Mahjong Limited. All statements, other than statements of historical fact, made by World Mahjong Limited that address events or developments that World Mahjong Limited anticipates may or may not occur in the future are forward-looking statements. These statements are based on information currently available and the current expectations of World Mahjong Limited and assumptions concerning future events, which are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from that which was expressed or implied by such forward-looking statements, including, but not limited to, risks and uncertainties related to: World Mahjong Limited’s limited operating history, additional capital requirements and liquidity, legal and regulatory risks of operating in Asia and other foreign countries, foreign operations in Taiwan, Macau and other regions and countries, changes in consumer preferences, the availability and cost of venues, technology solutions, server capacity, and access to networks and the Internet, its operating costs, and the pricing of its products and services on the various markets in which it carries on business, World Mahjong Limited's plans to market, sell and distribute its products and services. With respect to the forward looking statements contained herein, although World Mahjong Limited believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements, because no assurance can be given that they will prove to be correct or that the anticipated results or developments will actually be realized or, even if realized, that they will have the expected consequences to or effects on World Mahjong Limited. World Mahjong Limited undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required under securities legislation
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