Internet firm Sina Corp. said Chinese authorities have slapped a 5.1 million yuan (US$815,000) fine on the company for “unhealthy and indecent content”, the Wall Street Journal reported over the weekend.
The mainland firm was also quoted as saying Friday that the State Administration of Press, Publication, Radio, Film and Television has warned that it could revoke Sina’s Internet-publication license and license for online transmission of audiovisual programs because of the content.
Sina said the content in question originated from third parties or was posted by users on its online reading and video-sharing channels.
The Beijing Municipal Cultural Market Administrative Law Enforcement Unit imposed the fine, according to the report.
The company had disclosed in a regulatory filing last week that it had received notices concerning the content in question, as well as the possibility of fines and the loss of the two licenses.
Sina said in the filing that losing the licenses could mean that it may have to halt offering online reading services or video services altogether, or find business partners with the proper licenses to offer such services through cooperation arrangements, the Journal noted.
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