Phoenix New Media Signs New Program License Agreement with Phoenix TV
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Phoenix New Media Inc. has signed a new program resource license agreement with a subsidiary of Phoenix Satellite Television Holdings Limited, effective from August 24, 2025, to August 23, 2027. The agreement expands licensed fields to include usage on transportation vessels in China and AI-related applications. The annual fee has increased to RMB55 million from RMB50 million in the previous agreement. Other terms remain unchanged.
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