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Hurray! Terminates Merger with Enlight Media
2008-03-19   National Business Daily  Mei Huang

On the evening of March 6, Hurray! and Enlight Media declared to terminate a proposed business combination announced on November 19, 2007. Due to a divergence in business strategies and a mutual determination that a combination would not be in their mutual interests, both companies have decided to part ways.

Enlight Media CEO Changtian Wang said his company is possible to debut independently on any global market including A-share market. Hurray! Board Chairman & CEO Qindai Wang said his company will merge with small and medium-size content providers and channel providers, to transform Hurray! from a pure SP to a leading entertainment production and distribution company..

Financial report shows the SP business of Hurray! gains steadily.