China Digital TV accepts director resignation

China Digital TV Holding Co., Ltd. (NYSE: STV) has accepted the resignation of Eric Xu from the board of directors, effective December 31, 2015, the company said.

Founded in 2004, China Digital TV enables television network operators to manage, extend and diversify content services across households and public areas in China. China Digital TV is the leading provider of cloud-based application platforms and network broadcasting platform (“NBP”) services to Chinese cable operators, helping them to effectively bring mobile gaming apps and other entertainment options to household television sets, and extend cable programming outside the home to any mobile device.

China Digital TV is also a provider of CA systems in China´s digital television market. CA systems enable television network operators to secure the delivery of content to their subscribers. The company cooperates with nearly all of China´s cable television operators.