Related Party Transactions

12 Months Ended

Dec. 31, 2014

Related Party Transactions [Abstract]

Related Party Transactions

22. Related Party Transactions

The table below sets forth the major related parties and their relationships with the Group:

Related Parties	Relationships with the Group
Entities within the non US listed part of the Phoenix TV Group	Under common control by Phoenix TV
CMCC	A shareholder of Phoenix TV
Beijing Phoenix Lilita Information Technology Co., Ltd (“Lilita”)	Related party of Phoenix TV Group
Beijing Fenghuang Tianbo Network Technology Co., Ltd	Equity method investee
Phoenix FM Limited	Equity method investee
Shenzhenshi Fenghuang Jingcai Network Technology Co., Ltd	Equity method investee
Particle Inc.	Equity method investee
Mr. Gao Ximin and Mr. Qiao Haiyan	Legal shareholders of Tianying Jiuzhou, employees of the Group
Mr. He Yansheng	Legal shareholder of Yifeng Lianhe, employee of the Group
Mr. Wu Haipeng and Mr. He Yansheng	Legal shareholders of Chenhuan, employees of the Group
Ms. Shang Xiaowei and Ms. Shi Xueyi	Legal shareholders of Huanyou Tianxia, employees of the Group
Mr. Chen Ming and Mr. Zou Ming	Legal shareholders of You Jiuzhou, employees of the Group

During the years ended December 31, 2012, 2013 and 2014, significant related party transactions were as follows:

Transactions with the Non US Listed Part of Phoenix TV Group:

	For the Years Ended December 31,
	2012		2013		2014		2014
	RMB		RMB		RMB		US$
Contents provided by Phoenix TV Group	(3,153	)	(3,477	)	(3,757	)	(606	)
Data line services provided by Phoenix TV Group	(375	)	(392	)	(363	)	(59	)
Advertising and promotion expenses charged by Phoenix TV Group	(916	)	(1,040	)	(1,246	)	(201	)
Corporate administrative expenses charged by Phoenix TV Group	(646	)	(404	)	(354	)	(57	)
Advertising revenues earned from Phoenix TV Group and its customers	29,754		28,911		25,168		4,056

Transactions with CMCC:

	For the Years Ended December 31,
	2012		2013		2014		2014
	RMB		RMB		RMB		US$
Advertising revenues earned from CMCC	5,684		16,216		29,643		4,778
Paid service revenues earned from and through CMCC	429,125		413,407		290,755		46,861
Revenue sharing fees and bandwidth costs to CMCC	(63,953	)	(72,622	)	(41,766	)	(6,731	)

Transactions with Equity Method Investees:

	For the Years Ended December 31,
	2012	2013	2014		2014
	RMB	RMB	RMB		US$
Financial support provided to FM	—	—	3,982		642
Advertising revenues earned from Tianbo	—	—	421		68
Advertising revenues earned from Lilita	—	—	333		54
Brand license authorization revenues earned from Lilita	—	—	855		138
Advertising resources provided by Tianbo	—	—	(31	)	(5	)

As of December 31, 2013 and 2014, the amounts due from and due to related parties were as follows:

	As of December 31,
	2013	2014	2014
	RMB	RMB	US$
Amounts due from related parties:
Accounts receivable from CMCC	73,113	74,273	11,971
Due from Phoenix TV Group	52,042	77,293	12,457
Due from equity method investees	—	23,469	3,783
Others	3	1,189	191
Total	125,158	176,224	28,402
Amounts due to related parties:
Due to CMCC	248	563	91
Due to Phoenix TV Group	20,786	21,926	3,534
Total	21,034	22,489	3,625

The amounts due from or amounts due to Phoenix TV Group were net amounts of other operating funds provided by Phoenix TV, expenses paid by Phoenix TV Group on behalf of the Group, expenses charged by Phoenix TV Group under the cooperation agreement (Refer to Note 21(a)), accounts receivable from Phoenix TV Group for the advertising services provided to its customers.