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BRIEF-Phoenix Publishing & Media plans investment in online video provider PPTV

Sept 1 (Reuters) - China's Jiangsu Phoenix Publishing & Media Corp Ltd * Says plans to invest about 371 million yuan (60.42 million US dollar) in Exalt Spring Holding Ltd which holds stake in China's online video provider PPTV * Says to indirectly hold 9.56 pct stake in PPTV after completion of the deal Source text in Chinese: http://bit.ly/1qTrba0 Further company coverage: (1 US dollar = 6.1400 Chinese yuan) (Reporting by Hong Kong and Singapore newsrooms)