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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: DiViT who wrote (32683)4/23/1998 8:47:00 PM
From: John Rieman  Respond to of 50808
 
China. State owned A/V equipment, rental stores. My, that doesn't seem like a move to private industry. A little slipage, but, should sell VCD....................................

chinavista.com

The new regulation covers articles concerning the publishing, copying, wholesale, rent, sales, import, inspection on the content, transportation and mail of audiovisual products. Stipulations in the new regulation are much more specific than the previous one. A spokesman for the State Copyright Administration said China has closed down at least 50 illegal production lines since 1996 and several million smuggled CDs and VCDs have been confiscated last year. In the first half of last year, China opened its first State-run chain of stores that lease audio and video products; it plans to set up at least 60,000 shops in the chain. Things are better for the audio and video industry, and foreigners have more opportunities to enter the Chinese market. Warner Bros has agreed to allow a Chinese VCD company to re-produce its Oscar-winning films and sell them in China.
(Source: CIEC)