BVI-registered WangYou Media establishes partnership with G.D.H.

G.D.H.K.K., a Japanese corporation working globally, has announced last week that its board of directors has approved capital and business partnership with WangYou Media Limited, which is incorporated in the British Virgin Islands.

G.D.H. is planning a strategic partnership with the BVI company, which will be supported by a capital partnership in which G.D.H. invests an amount of US$500,000 for animation distribution to PCs in China. G.D.H. will provide new Gonzo animation titles through WangYou Media’s Chinese online animation website 8850. com. – a rapidly growing online community promoting dedicated animation and manga content.

G.D.H. will provide new Gonzo animation titles through WangYou Media’s Chinese online animation streaming website 8850. com. The BVI-registered WangYou Media will operate the website by using the expertise of its affiliate company, based in Shanghai – Beijing Yangguang Wangshi Internet Technology Co. Ltd., which operates Wangyou.com, China’s major SNS website with more than 10,000,000 registered members.

WangYou Media is a company registered in the British Virgin Islands, but its headquarters is located in Shanghai. It is a leading youth-oriented Internet entertainment company in China, owning and operating two Internet properties – wangyou. com, one of China’s top social-netweorking site, and 8850. com.

The BVI company has been entrusted with “Business-Model Verification Program to Promote the Export of Japanese Animation to China”, as part of “Content Industry International Exchange Project in Asia 2007.” The project is promoted by Digital Content Association of Japan, a public service corporation designated by Media and Content Industry Division under Commerce and Information Policy Bureau of Japan’s Ministry of Economy, Trade and Industry.

WangYou Media will evaluate the new business model by collecting and analyzing data of user traffic, revenues, volume change in pirated content of Japanese animation.

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