Bilibili Renews IP Contract with Affiliate

MT Newswires Live11-20

Bilibili (HKG:9626) entered into a cooperation agreement with Beijing Jinjiang Original Networking Technology related to intellectual property, including literature works, owned by or licensed to the latter, a Thursday Hong Kong bourse filing said.

The agreement replaces and supersedes an existing contract signed in 2023 and ending Jan. 1, 2026.

Under the contract, effective from Jan. 1, 2026, to Dec. 31, 2028, the digital content company can acquire the copyrights of various works and use them against the required licensing and procurement fees and other amounts.

The copyrights can be used for adaptation, information network dissemination, advertisement, and distribution among other uses.

Beijing Jinjiang Original Networking Technology is 50% held by Shanghai Hongwen, an associate of Tencent (HKG:0700), which is the substantial shareholder of Bilibili.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment