Watch music today disclosed the use of funds raised over the new plan. Company intends to use the super-raised funds for foreign joint ventures 4,000 million for the network TV rights. Music Watch said the library to enrich the content of film copyright, content resources to enhance the company's market share, improve the growth of the company of copyright distribution business, the company intends to use part of the super-raised funds jointly produced TV foreign investment.
after many negotiations and to explore the business, the company intends to use the 40 million yuan of foreign joint ventures for the network TV rights. According to reports, this is film culture revelers Fang Dongyang Investment Co., Ltd. is a renowned film and television production and distribution agencies - New Classic Entertainment & Media, a wholly owned subsidiary, responsible for TV production and distribution. Investment targets for the According to convention, music Watch a fixed return of investment for each project is 15%, and at the same price to enjoy the exclusive TV Information Network Transmission Right of first refusal.
Do panic! The main force is still diving? Stuck with the stock is likely to have saved! March the stock market changes are likely to occur? Tug of war hidden behind the movement of funds!
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