China Digital Media Corporation Announces the Appointment of Tung ZhiYong as Consultant to Advise on Program Production and Acquisition Strategies
China Digital Media Corporation Announces the Appointment of Tung ZhiYong as Consultant to Advise on Program Production and Acquisition Strategies
HONG KONG, June 27 /Xinhua-PRNewswire/ -- China Digital Media Corporation (BULLETIN BOARD: CDGT) announces the appointment of Mr. Tung ZhiYong as Consultant to advise on program production and acquisition strategies. Mr. Tung was a Vice President of Guangdong Television Station before retired in 2004. In his over 40 year's experience in the industry, he has produced more than 1,000 episodes of television programs, movies and series under his supervision and directorship as well as having won several national television awards in China.
"We are glad that Mr. Tung has become our consultant to advise us on program production and acquisitions as he is the prominent figure, from serving as executive director and executive producer in China media industry." said Mr. Daniel Ng, Chairman and President of China Digital Media Corporation. "We believe that his prestige and invaluable experiences will assist on formulating our development plans on business networking and acquisition of quality television programs."
"The tactic is to enrich our program portfolio and we look forward to getting into other levels of involvement in television productions and acquisitions in China with his contributions," Mr. Ng added.
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About China Digital Media Corporation
China Digital Media Corporation (BULLETIN BOARD:CDGT) focuses its business in three main areas: Cable TV Operations, Program 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 TV subscribers. The service can offer more than 800 digital channels of pay TV programs and value added multimedia services. The company is seeking to establish similar model elsewhere in China. CDGT entered into strategic alliance with Guangdong HuaGuang Digimedia Culture Development Limited (HuaGuang), a company in the business of program production and advertising sales in June 2005. HuaGuang will distribute 90% of its gross profit to CDGT as service and consulting fees according to the Alliance Agreement.
For more information on us, please go to our website: http://www.chinadigimedia.com/ .
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.
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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