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The Company signed a contract on audio-visual products export with GEM from USA

2010-04-15 12:31


Yesterday, the CPEC / TVPMD of CITVC signed a formal contract with Global Entertainment Media (GEM) to export DVDs of Chinese TV programs to USA, and sell them through chain retail channels including Wal-Mart. The two companies will share the profit. According to the contract, GEM must reedit the programs in the DVDs and redesign the packaging. It is also a duty of GEM to set up special sections for Chinese audio-visual products in the major retail supermarkets and audio-visual product markets, so to expand the sales and influence of Chinese programs, and help them enter the mainstream markets in USA.