Mumbai: MyStarU.com’s subsidiary, 3G Dynasty Inc. (3G) has signed agreement of internet broadcast right for 113 movies in China with Guangzhou SSTH Films Limited fr $2.63 million.
3G’s internet content provides businesses, including movie productions and formats by combining the users of internet, mobile phone and TV with theaters through pay-per-view, video-on-demand, and bundle with advertising online service.
"We are positioning MYST to take full advantage of this large market in China — MYST’s entertainment media is to develop a unique content that meets user’s demand, addition to our Internet Content Service, this acquisition is a valid illustration of our overall strategy to films production and distribution that expand content line and create cross-selling opportunities in related markets. MYST will increasing revenue of $1.5-2 million in future 12 months generates by these movies broadcast online as forecasted base," said MYST CEO Alan Lun.
