(Yicai Global) Jan. 26 – China will regulate the online performance market and carry out random checks on performance businesses operating on the internet. The move is aimed at cracking down on illegal "vulgar and poor taste" performances. Websites found in gross violation of the law will be shut down, said the ministry of culture.
The MOC recently held a briefing for online performance operators, requiring live streaming sites to effectively fulfill their obligations and strengthen self-discipline in line with relevant regulations, people.com.cn reported.
Senior managers of 15 major webcasting companies including Tencent Holdings Ltd. [HKG:0700], Douyu TV, YY Inc. [NASDAQ:YY], Liujianfang and Inke attended the briefing.
The companies are required to remove all kinds of illegal contents that promote unethical values, pornography and scams and violate personal privacy. Offenders will be put on an industry blacklist, and the blacklisted webcast hosts will not be able to operate live streaming businesses.
Office of the Central Leading Group for Cyberspace Affairs is the main regulator of internet businesses in China, but online performances also fall under the jurisdiction of the ministry of culture.