China Digital Media Corporation Launches 35 Additional Pay-TV Channels in Nanhai
China Digital Media Corporation Launches 35 Additional Pay-TV Channels in Nanhai
HONG KONG, Aug. 30 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (''Digimedia'') (BULLETIN BOARD: CDGT) announced that its cable television operation in Nanhai, Guangdong Province, has launched 35 additional Pay-TV. These new channels contain television dramas, sports, family and movies channels, which are categorized into various value added packages.
As of today, Nanhai's cable television operation provides 130 television channels to about 400,000 subscribers which comprises of 38 basic channels and 92 pay channels. The annual subscription fees for the value added packages range from approximately $15 to $74 each.
''The growth in our Nanhai cable television operation is encouraging and promising, especially in subscription of the value added packages,'' said Mr. Daniel Ng, Chairman and CEO of China Digital Media Corporation. ''We will keep adding new channels and contents in our value added packages,'' Mr. Ng added, ''we believe that promotion, better broadcasting quality and services will attract more viewers to subscribe our value added packages, hence increasing per-subscriber's revenue and bringing our business to grow further genetically.''
For more information on us, please go to our website at http://www.chinadigimedia.com/ .
To be added to China Digital Media's investor e-mail list, please send e-mail to our Investors Relations at ir@chinadigimedia.com.
About China Digital Media Corporation
China Digital Media Corporation (BULLETIN BOARD: CDGT) focuses its business in three main areas: Cable Television Operations, Programs Production and Advertising Sales. Arcotect Technology (GZ) Limited, a wholly owned subsidiary of CDGT in China, is the sole contractor and operator of digital television services in Nanhai, a city with 400,000 cable television subscribers. As of today, Nanhai's cable television operation provides 130 television channels which comprises of 38 basic channels and 92 pay channels. The pay channels are categorized into various value added packages. The digital broadcasting system could offer more than 800 digital channels of pay television programs and value added multimedia services. The Group is seeking to establish similar models elsewhere in China.
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
For more information, please contact:
Y. K. Ma of China Digital Media Corporation
Tel: +852-2390-8686
Email: ir@chinadigimedia.com
Source: China Digital Media Corporation
CONTACT: Y. K. Ma of China Digital Media Corporation, +852-2390-8686, or
ir@chinadigimedia.com
Web Site: http://www.chinadigimedia.com/
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