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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2012
BUSINESS COMBINATIONS [Abstract]  
Schedule of Estimated Fair Values Of the Assets Acquired and Liabilities Assumed

Total purchase price:

 

 

 

Ordinary shares issued to acquire all of the outstanding shares of Ku6 Holding

 

27,101,920

 

Ordinary shares issued to replace the options issued by Ku6 Holding

 

1,773,080

 

Share based compensation related to post combination portion

 

(1,284,766

)

 

 

27,590,234

 

Schedule of Aggregate Purchase Price Allocation - Ku6 Holding

 

 

 

 

Amortization period

 

Aggregate purchase price allocation –Ku6 Holding:

 

 

 

 

 

Cash and cash equivalents

 

329,743

 

 

 

Accounts receivable

 

3,264,513

 

 

 

Other current assets

 

811,845

 

 

 

Acquired intangible assets:

 

 

 

 

 

Trademark

 

24,901,940

 

20 years

 

Software technology

 

2,197,230

 

7 years

 

Customer base

 

1,464,820

 

5 years

 

Non-current deferred tax liability

 

(4,826,059

)

 

 

Goodwill

 

6,232,770

 

 

 

Property and equipment, net

 

3,652,599

 

 

 

Other non-current assets

 

937,485

 

 

 

Current liabilities

 

(11,376,652

)

 

 

Total

 

27,590,234

 

 

 

Schedule of Pro Forma Consolidated Financial Information, Business Acquisition

 

 

Year ended
December 31, 2010

 

 

 

(unaudited)

 

Net revenues

 

16,787,493

 

Net loss attributable to Ku6 Media Co., Ltd.

 

(56,033,640

)

Loss per ADS- basic and diluted:

 

(1.81

)