Shanghai Media Group owns Bestv (Xbox One JV) and Shanghai Oriental Pearl (PS4 JV)
The 100k figure was quoted by SMG's vice president. On a side note he predicts huge profits for the video game industry in 5 years. He also states that it is their goal to move 1 million Xbox Ones in the first year. Owning stake in PS4 and Xbox One makes SMG the sole winner in this competition.
Should Nintendo jump on board with SMG or not?







