Ruby Lin the best promising producer. Also as actress, she is in a different class from others." In addition, Youku Tudou Inc, the largest video-sharing website in China, bought copyright of TV series and films that were produced by Lin. Lin officially announced the news during the 18th Shanghai Television Festival. In August 8, 2012, Lin was honored as Best Producer at the 2012 Asian Idol Awards for "The Glamorous Imperial Concubine". On December 2012, Lin was announced as one of the highest paid Chinese celebrities of the year, ranking 5th. She managed to earn over 90 million RMB this year through
Youku LeTV, Tencent Video, PPTV, 56.com and Funshion. However, Youku's domination in the Chinese market has been toppled by its competitor Baidu's iQiyi. Youku now has streaming services for shows and films that can be distinguished from YouTube. Youku was founded by Victor Koo (Gu Yongqiang), former President of Chinese Internet portal Sohu. Initial funding for the site came from 1Verge, a fund raised by Koo. A beta version of the site was launched with limited geographic reach in June 2006, and the website was formally launched in December 2006. In 2007, the company received $25 million in funding from venture