Phoenix New Media Inc. announced that it has entered into a new program resource license and cooperation agreement with a subsidiary of its parent company, Phoenix Satellite Television Holdings Limited. The agreement, effective from August 24, 2025, to August 23, 2027, updates and expands the licensed fields to include use on airplanes and other transportation vessels in China, as well as artificial intelligence-related applications such as model training and research. The annual fee under the new agreement has been increased to RMB55 million, compared to RMB50 million in the previous agreement signed in April 2024. Other terms remain consistent with the previous agreement.
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