China Digital Media Corporation Serves to Reprogram a Provincial Television Station in China
China Digital Media Corporation Serves to Reprogram a Provincial Television Station in China
HONG KONG, March 10 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (the ''Company'') (BULLETIN BOARD: CDGT) announced today that the Company, through its affiliate Guangdong HuaGuang DigiMedia Culture Development Limited (''HuaGuang''), has commenced services to a joint venture company with the provincial television station to develop innovative programming for a television channel (the ''Channel'') to be launched in May.
A team of 100 experienced staff are working on production, planning and scheduling, sourcing content, and preparing marketing and promotional campaigns for the new Channel. The Channel is scheduled to have approximately 1,700 hours of self-produced television programs every year, targeting lifestyle and entertaining topics to the community at large.
''We are pleased to provide services for this promising new Channel,'' said Daniel Ng, Chairman and CEO of China Digital Media Corporation. ''We believe our ability to develop innovative and interesting programming will make it one of the most widely-watched channels in the province. This high-profile opportunity will also allow us to partner with other provincial TV stations and be able to generate further growth for the Company.''
On February 22, 2006, HuaGuang established two contracts with a leading provincial television station to form two new joint ventures. One of the joint ventures is responsible for sourcing and generating content, schedule planning and production of television programs. The second joint venture will serve as the sole advertising agent to manage television commercials.
For more information on us, please go to our website at: http://www.chinadigimedia.com/ .
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About China Digital Media Corporation
China Digital Media Corporation focuses its business in three main areas: Cable TV Operations, Advertising Sales and Programs Production. Arcotect (Guangzhou) 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 TV subscribers. The service could offer more than 800 digital channels of pay TV programs and value added multimedia services. The Company entered into the strategic alliance with Guangdong HuaGuang Digimedia Culture Development Limited in June 2005.
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:
China Digital Media Corporation
Investor Relations
Tel: +852-2390-8686
Daniel Schustack
CEOcast, Inc.
Tel: +1-212-732-4300
Source: China Digital Media Corporation
CONTACT: Investor Relations, +852-2390-8686, or Daniel Schustack of
CEOcast, Inc. +1-212-732-4300, both for China Digital Media Corporation
Web Site: http://www.chinadigimedia.com/
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