Sony BMG, Warner Music invest in China wireless music delivery firm |
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Published
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Mon, 05 Feb 2007 05:52 |
BEIJING (AFX) - Access China Media Solutions said Warner Music Group and Sony BMG Music Entertainment have each made strategic investments to enable Access to develop solutions for the delivery of mobile music and multimedia entertainment to wireless customers in China and other Asia Pacific countries.Access China Media Solutions develops music-based mobile platforms for wireless carriers and handset manufacturers.The investments are expected to help Warner Music Group and Sony BMG develop a more secure and efficient way of distributing their music in China, where rampant piracy has made distribution difficult in the past, Access said in a statement.Financial details of the investment were not provided.joshua.lipes@xinhuafinance.com
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